Abstract: The invention includes methods and systems for analyzing data to determine trends in the data and to identify outliers. The methods and systems include a learning algorithm whereby a data space is co-populated with artificial, evenly distributed data, and then the data space is carved into smaller portions whereupon the number of real and artificial data points are compared. Through an iterative process, clusters having less than evenly distributed real data are discarded. Additionally, a final quality control measurement is used to merge clusters that are too similar to be meaningful. The invention is widely applicable to data analytics, generally, including financial transactions, retail sales, elections, and sports.

Abstract: A system and method is presented for assembling information contained within a financial instrument for subsequent verification of the financial instrument, wherein the financial instrument includes an identifier corresponding to a payee of the financial instrument. An imaging device, such as, for example, a mobile phone or the like, is used to obtain an image of the financial instrument prior to the financial instrument being transferred to the payee. Information is extracted from the image of the financial instrument, and the information is transferred to a storage area that is separate and remote from the imaging device.

Abstract: A method and payment processing system are presented for verifying a requested action for payment processing. Before executing the requested action, the system sends a request for a fraud score and determines an interface mode of the requested action. The system processes the requested action according to the determined interface mode and, if received, a fraud score.

Abstract: A method and central entitlement server are presented for centrally storing and providing entitlements to subscribing application servers. The subscribing application servers provide services to bank accounts held by corporate customers. Services are requested by corporate customer users and in service requests. Prior to performing a requested service, the subscribing application servers verify that the requesting corporate customer user has permission to request the service on the account identified in the service request. The subscribing application servers verify requested services using entitlements received from the central entitlement server. Services that can be requested are stored in a hierarchical data structure. The hierarchical data structure includes at least one product as a root. Each product is linked to at least one product function, each product function is linked to at least one function type, each function type is linked to an action, and each action corresponds to a service.

Abstract: A system and method is presented for sharing tax-related information. A repository is provided for storing tax-related information corresponding to a taxpayer identification number. A user access may gain access to the repository based on a pre-determined criterion and, upon the user accessing the repository, the user is permitted to at least one of add tax-related information corresponding to taxpayer identification number to the repository, access the tax-related information stored in the repository, or change the tax-related information stored in the repository.

Abstract: A system and method is presented for approving or disapproving a transaction requested by an initiating device based on a physical location of a mobile device associated with a user relative to a physical location of the initiating device. A user attempting to perform a sensitive action at an initiating device provides user data to the initiating device. After validating the user data, the system determines a mobile device associated with the user. In order to confirm the user data, the system determines a location of the initiating device relative to a location of the associated mobile device. If the mobile device is within a predefined proximity of the initiating device, the received user data is confirmed as valid and the transaction is approved.

Abstract: A system and method is presented for receiving required information (i.e., clearing information) for performing a global electronic funds transfer. The system and method generates a form for receiving the clearing information from a user. The form includes clearing information fields that are each configured to accept an element of clearing information. The clearing information fields of the form are dynamically updated based on clearing information rules. The clearing information rules define a relationship between at least one of the clearing information fields and the clearing information received from the user. The dynamically updated form is provided to the user to input further clearing information.

Abstract: A system and method is presented for validating received required information (i.e., clearing information) for performing a global electronic funds transfer. The system and method generates a form for receiving the clearing information from a user. The form includes clearing information fields that are each configured to receive an element of clearing information. The form is updated based on validation rules. The validation rules (1) define a relationship between at least one of the clearing information fields and the clearing information received from the user and (2) specify acceptable values for the clearing information received by a given clearing information field. The received clearing information is analyzed in relation to the clearing information fields by applying the validation rules to adjudicate the clearing information received in the given clearing information field as acceptable or invalid.

Abstract: An electronic invoice payment system includes a database stored on a non-transitory computer readable medium, the database including a plurality of vendor records containing information pertaining to a plurality of vendors. A network interface is configured to receive presented invoices from multiple vendors for payment by multiple buyers. A processor is configured to analyze at least a portion of the vendor records to determine whether a subject vendor selected from among the plurality of vendors satisfies one or more predetermined criteria, and when so, to calculate a vendor propensity factor that operates as a measure of the subject vendor's propensity to participate in an aspect of the electronic invoice payment system. The processor further is configured to generate a vendor propensity record including the vendor propensity factor for the subject vendor.

Abstract: A system and method is presented for authenticating a user based on the location of a mobile device relative to the location of an accessing device. A user attempting to access a server with the accessing device (e.g., a desktop computer) provides credentials. After validating the credentials, the system determines a mobile device (e.g., a mobile phone) associated with the user. In order to confirm the credentials, the system determines a location of the accessing device relative to a location of the associated mobile device. If the mobile device is within a predefined proximity of the accessing device, the received credentials are confirmed and the user may be allowed access to the server. If the mobile device is not within the predefined proximity of the accessing device, the received credentials are identified as invalid and the user may be denied access to the server.

Abstract: An automatic invoice payment system includes a database stored on a non-transitory computer readable medium, the database including a plurality of records, each record corresponding to an invoice issued by a vendor for payment from a buyer. A network interface is configured to receive presented invoices from multiple vendors for payment by multiple buyers, wherein the presented invoices are stored in the database. The processor is configured to analyze each invoice that has been presented to determine whether the presented invoice satisfies one or more predetermined rules, and when the processor determines that the presented invoice satisfies the one or more predetermined rules, to automatically set a payment initiation date upon which payment of the presented invoice is to be automatically initiated. The processor may be configured to perform such operations by the execution of an automatic payment application stored on the non-transitory computer readable medium.

Abstract: An invoice payment acceleration system includes a database stored on a computer readable medium including a plurality of records, each record corresponding to an invoice issued by a vendor for payment from a buyer. A network interface is configured to receive a payment initiation command from a buyer for payment of an invoice to a vendor by a first payment method. A processor is configured to analyze the invoice as to which the payment command is received to determine whether the invoice satisfies one or more predetermined criteria. The processor further is configured, when the processor determines that the invoice satisfies the one or more predetermined criteria, to convert the first payment method to a second payment method, and the second payment method provides for an accelerated payment as compared to the first payment method. The criteria for acceleration may include vendor preferences, and/or terms of a subscription service.

Abstract: A system and method is presented for assembling information contained within a financial instrument for subsequent verification of the financial instrument, wherein the financial instrument includes an identifier corresponding to a payee of the financial instrument. An imaging device, such as, for example, a mobile phone or the like, is used to obtain an image of the financial instrument prior to the financial instrument being transferred to the payee. Information is extracted from the image of the financial instrument, and the information is transferred to a storage area that is separate and remote from the imaging device.

Abstract: A system for authenticating the user of a computing device comprises an authorized user directory. Each record is uniquely associated with an authorized user and includes at least a computing device ID value that is a globally unique value assigned to the authorized user's computing device, a group of unique depictions such as photographs, an identification of a key depiction. Portions of each image form fiducials recognizable by the user. The record further includes trace pattern verification data representing continuous trace strokes between pairs of the fiducials within the key depiction. To authenticate, the group of images are displayed to the user. The user must first select the key image and secondly trace continuous trace strokes between the pairs of fiducials to match the trace pattern verification data.

Abstract: A print processor interfaces with a print job source such as an accounting system and a remote automated data processing system. The print processor comprises a print job source interface for receiving a sequence of documents from a print job source. The sequence of documents may comprise a first set of documents and a second set of documents. The first set of documents and the second set of documents may be mutually exclusive subsets of the sequence of documents. Each document of the first set may comprise data content to be directed to the remote automated data processing system. Each document of the second set may be directed to a printer. The print processor may establish a network session to the remote automated data processing system, authenticating to the remote automated data processing system, and transfer each document of the first set to the remote automated data processing system. The print processor may direct transfer of the second set to the printer.

Abstract: A system for delivering invoices over the SWIFT Network to a community of buyers comprises an invoice viewer at each buyer's location, each connected to a shared data center over the Internet. The shared data center comprises a SWIFT interface and BIC for receiving, and a database for storing, invoice objects for each buyer. At a first invoice object includes identification of a first buyer and at least a second invoice object includes identification of a second buyer. A group of buyer records associated each unique buyer with unique access credentials. A delivery application provides a connecting buyer's invoice objects in response to a web services call from the connecting buyer. An invoice viewer generates the web services call, receives the response, and renders a user interface displaying information from each interface object.

Abstract: A system for making payments from each payer of a community of payers to each vendor of a community of vendors assesses a variable transaction fee to each vendor. The system comprises a database which associates, for each payer, identification a selected rate tier assigned to each vendor. A rate tier assignment application determines an initial rate tier to assign to a vendor by: i) determining an industry sensitivity score, the industry sensitivity score being representative of how sensitive a typical vendor in the same type of business as the vendor is to payment of transaction fees; ii) determining a payer centric spend score; iii) determining a payer centric frequency score; iv) determining a network spend score; and iv) determining a network frequency score. These scores are used to determine an initial rate tier to associate with the vendor.

Abstract: A system makes payments from a payer to a vendor and assesses a variable transaction fee to the vendor. The system comprises a database which associates, for each of a community of payers, identification a rate tier assigned to each vendor to which the payer makes payment. A tier assignment application determines a tier to assign to a vendor by determining: i) an industry sensitivity score based on the type of business the vendor operates; ii) a payer centric spend score; iii) a payer centric frequency score; iv) a network spend score; and iv) a network frequency score. The tier assigned to the vendor is a function of these scores. A payment application, when making payment from the payer to the vendor, determines a transaction fee to apply to the payment by multiplying the payment amount by a transaction rate associated with the tier assigned to the vendor.

Abstract: A print processor interfaces with a print job source such as an accounting system and a remote automated data processing system. The print processor comprises a print job source interface for receiving a sequence of documents from a print job source. The sequence of documents may comprise a first set of documents and a second set of documents. The first set of documents and the second set of documents may be mutually exclusive subsets of the sequence of documents. Each document of the first set may comprise data content to be directed to the remote automated data processing system. Each document of the second set may be directed to a printer. The print processor may establish a network session to the remote automated data processing system, authenticating to the remote automated data processing system, and transfer each document of the first set to the remote automated data processing system. The print processor may direct transfer of the second set to the printer.

Abstract: A system and method is presented for predicting a status change of a particular invoice from among a plurality of invoices within a database, where an invoice status relates to an event occurring in a timeline of events associated with payment of the invoice. The system and method may predict when the status of the particular invoice will change by analyzing those invoices of the plurality of invoices that are associated with a given buyer, where the given buyer is the buyer associated with the particular invoice. The prediction may be a function of the date of a previous event in the sequence of events associated with the particular invoice and an average timeline of events associated with payment of invoices by the given buyer.