Patents Assigned to U.S. Bank National Association
  • Patent number: 7574386
    Abstract: Accounting data is classified to facilitate transaction processing and management. According to an example embodiment, data based rules are implemented for classifying transaction-related data into accounting categories. Accounting information is processed as a function of the data based rules and accordingly automatically classified. This processing involves, for example, the identification of particular data based rules to apply to the accounting information, applying the rules and processing the information accordingly.
    Type: Grant
    Filed: May 3, 2005
    Date of Patent: August 11, 2009
    Assignee: U.S. Bank National Association
    Inventors: Dean W. Hahn-Carlson, Elizabeth A. Beck, David A. Suits
  • Patent number: 7496519
    Abstract: Transaction management for contract and contract-related approaches is facilitated. According to an example embodiment of the present invention, a transaction management computer is programmed to automatically set contract terms for a transaction based on business rules previously established between parties to a transaction. In one implementation, the transaction management node automatically derives a contract term including a pricing-related term for a transaction between a buyer and seller using contract information therefor. In one instance, previously-agreed-upon price approaches, such as fixed pricing, seller-controlled pricing, quantity-related tiered pricing and pricing management schemes are stored and used by the transaction management node to automatically derive the prices. With these approaches, pricing disputes that can occur after a transaction has been processed are reduced and/or eliminated.
    Type: Grant
    Filed: May 12, 2003
    Date of Patent: February 24, 2009
    Assignee: U.S. Bank National Association
    Inventors: Dean W. Hahn-Carlson, Richard G. Langer, Kevin M. Armstrong, Weiwen Xie
  • Patent number: 7392934
    Abstract: Accounting data is classified to facilitate transaction processing and management. According to an example embodiment, data based rules are implemented for classifying transaction-related data into accounting categories. Accounting information is processed as a function of the data based rules and accordingly classified. This approach involves, for example, the identification of particular data based rules to apply to the accounting information, applying the rules and processing the information accordingly.
    Type: Grant
    Filed: May 3, 2005
    Date of Patent: July 1, 2008
    Assignee: U.S. Bank National Association
    Inventors: Dean W. Hahn-Carlson, Elizabeth A. Beck, David A. Suits