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
Selective high frequency spinal cord modulation for inhibiting pain with reduced side effects, and associated systems and methods
Systems and methods for providing a collaboration place interface including data that is persistent after a client is longer in the collaboration place among a plurality of clients
Discharge lamp comprising coated electrode
Solid-state imaging apparatus and imaging system
Shoe
Direct converting apparatus, method for controlling the same, and control signal generation device
Resist composition and method for producing resist pattern
  Randomly Featured Patents
Contextual n-gram analysis
Electronic watthour meter circuit
Pendant
Anti-thrombogenic device and method of manufacturing the same
Vacuum processing apparatus
Transflective film and display
Method for separating glycine and L-serine from a solution containing same
Drinking vessel
Actinometric monitor for measuring irradiance in ultraviolet light reactors
Anionically modified polysaccharides chromatography agents