Resources Contact Us Home
Browse by: INVENTOR PATENT HOLDER PATENT NUMBER DATE
 
 
Method and system for remote delivery of retail banking services










Image Number 10 for United States Patent #5220501.

A practical system and method for the remote distribution of financial services (e.g., home banking and bill-paying) involves distributing portable terminals to a user base. The terminals include a multi-line display, keys "pointer to" lines on the display, and additional keys. Contact is established between the terminals and a central computer operated by a service provider, preferably over a dial-up telephone line and a packet data network. Information exchange between the central computer and the terminal solicits information from the terminal user related to requested financial services (e.g., for billpaying, the user provides payee selection and amount and his bank account PIN number). The central computer then transmits a message over a conventional ATM network debiting the user's bank account in real time, and may pay the specified payees the specified amount electronically or in other ways as appropriate. Payments and transfers may be scheduled in advance or on a periodic basis. Because the central computer interacts with the user's bank as a standard POS or ATM network node, no significant software changes are required at the banks' computers. The terminal interface is extremely user-friendly and incorporates some features of standard ATM user interfaces so as to reduce new user anxiety.








 
 
  Recently Added Patents
Computing system capable of reducing power consumption by distributing execution of instruction across multiple processors and method therefore
Method for automatically negotiating type of service and aggregation apparatus therefor
RF front-end module and antenna systems
Radiotherapy device and method for balancing a radiotherapy device
Image forming apparatus, printing control method, recording medium, and data signal
Image processing method and image processing apparatus
Device for placing material on or beneath the soil surface
  Randomly Featured Patents
Electrical contact with orthogonal contact arms and offset contact areas
Method and apparatus for generating a clock signal from a plurality of clock phases
Scalable multi-database event processing system using universal subscriber-specific data and universal global data
Position control apparatus for displaying a window's effective image area
Method and device for isolated filling of a container
Reference voltage source, in particular for amplifier circuits
Methods, systems, and programming for producing and displaying subpixel-optimized images and digital content including such images
Collapsible display system
Antibiotic LL-C23201.delta.
Disk transport for paper sheets