Abstract: Embodiments provide systems and methods for modeling future asset value, which may establish planning simulation and optimization parameters for an individual, execute a planning simulation based on the parameters, analyze results of the planning simulation to determine candidate plans with highest chances of success, determine, from among the candidate plans, an optimal plan, based on executing concurrent gradient descent that includes executing steps of gradient descent in parallel, and report the optimal plan. Embodiments may also provide systems and methods for describing a portfolio and investment goals in a manner comprehensible by the investor, modeling financial plans that meet those goals, simulating those plans over time, selecting the plans that demonstrate the greatest utility for the investor, executing those plans in the market, and continually revising plans as circumstances change.

Abstract: This disclosure covers systems and methods that verify a user's identity and generate automated messages within a messaging thread to prompt the user to digitally sign a digital document. Before generating such automated messages, the disclosed methods and systems optionally cause a client device to transition from presenting a newsfeed comprising a third party's digital content item to (alternatively or additionally) presenting a messaging thread. For instance, in some embodiments, the methods and systems provide a messaging thread for a user and the third party upon receiving a selection by the user of an option within the newsfeed associated with the digital content item. Within the messaging thread, the methods and systems then generate automated messages that prompt the user to digitally sign the digital document, such as a digital petition or contract.

Abstract: Registration information for a plurality of consumers is obtained at an electronic wallet platform. A mechanism is provided to integrate the electronic wallet platform with a plurality of merchants. Via the electronic wallet platform, a given one of the consumers is afforded an option to select from multiple methods to pay for a transaction with a given one of the merchants. The multiple methods are based, at least in part, on the registration information. At least one of the multiple methods includes a virtual card number. Further steps include obtaining, from the given one of the consumers, a selection of the virtual card number for payment for the transaction; and providing the given one of the merchants with the virtual card number.

Abstract: The present disclosure provides a system and method for providing financial asset to a user in real time. The system receives and validates a first set of data, a second set of data and a third set of data associated with the user. Also, the system obtains a fourth set of data associated with a portable communication device. Further, the system creates a user profile of the user. Further, the system triggers a camera to capture the real-time image of the user based on the verification of the third set of data and the fourth set of data. The real-time image of the user is mapped with image of the user obtained from the user profile. In addition, the system collects one or more modes of transfer of financial asset from the user. The system credits financial asset to the user.

Abstract: Methods and systems of the invention provide a variety of techniques for processing microtransactions. In accordance with the invention, the method starts with a customer initiating a purchase through interaction with a merchant. The purchase is associated with purchase information, which includes the particulars of the purchase, such as the purchase price. In the purchase, the customer uses a transaction account, obtained from a payment enabler. The purchase is classified as a microtransaction, if the purchase price is below a predetermined monetary amount. Thereafter, the purchase information is forwarded for processing based on the classifying, i.e., either as a regular transaction or as a microtransaction. Then, upon receipt of the purchase information by an appropriate recipient, such as an interchange entity or an alternate interchange entity, the purchase information is processed to effect the microtransaction, if so classified, between the customer and the merchant.

Abstract: A modular, computerized tax return preparation application engine including modular tax logic engine and interface controller components loosely coupled to each other and a modular completion monitor. Modular tax logic engine receives runtime data of the tax return and generates a first non-binding suggestion involving a tax topic that is incomplete based on first runtime data and a decision table. Modular interface controller generates a first interface including a first interview screen including content based on the first non-binding suggestion. For iterations or changes of runtime data, completion monitor determines when a previously complete tax topic is now incomplete and notifies modular interface controller regarding the completion status modification. In response modular interface controller generates a second interface comprising an encoded link to an interview screen or screens to address previously complete but currently incomplete tax topics.

Abstract: A system and method processes a transaction between a merchant and a consumer. Data indicate of the security of a digital processing device being used by the consumer to carry out the transaction with the merchant is received. A determination as to whether the digital processing device is secure is made using the received data. In response to determining the digital processing device is insecure, the transaction is aborted. In response to determining the digital processing device is in secure, the transaction is processed by at least one of authenticating the consumer, authorizing the transaction using a payment processing supply chain, and capturing funds for the transaction using a payment processing supply chain.

Abstract: Embodiments of the invention are directed to a system, method, or computer program product for providing a unified representation of all customer relationships with an entity. This representation focuses on customer products in arrears that are to be recovered. The invention presents an overarching view of all customer relationships to a representative. This allows the representative to make decision and take appropriate actions immediately based on the entire relationship with the customer when a customer communication is initiated. As such, the invention correlates all of the customer's relationships with a financial institution into one unified representation for a representative to review. The unified representation takes into consideration all of the customer's relationships as well as external factors on the communications and relationships. Thus providing a holistic customer service experience for a customer with accounts in arrears.

Abstract: Improved techniques for trading money market instruments are disclosed. In some embodiments, a first view comprising consolidated real time data corresponding to a plurality of money market instruments is provided. In response to receiving a selection of a prescribed money market instrument via the first view, a second view comprising bids currently available for the selected money market instrument is provided. In response to receiving a selection of a bid via the second view, an interface for negotiating and possibly consummating a trade corresponding to the selected bid is provided, wherein the interface for negotiating and possibly consummating the trade is provided based on a determination that counterparties involved in the trade are qualified to engage in the trade.

Abstract: The present invention provides a system and method that enables users, such as institutional investors and financial institutions, to interactively engage in capital market transactions, including the trading of Over-the-Counter financial products, via the Internet (including the World Wide Web). The system includes a variety of servers, applications, and interfaces that enable users to interactively communicate and trade financial instruments among one another, and to manage their portfolios. Interactive communications supported by the system include: requesting price quotes, monitoring and reviewing quote requests, issuing price quotes, monitoring and reviewing price quotes, negotiation between users, acceptance of price quotes, reporting, portfolio management, analysis of financial information and market data, calendaring, and communications among users and/or system administrators, including e-mail, chat, and message boards.

Abstract: Methods and systems are provided for verifying the possession of a card, such as a credit card or a debit card, by a card user. Possession of the card can be verified, for example, when a purchase transaction, such as a telephone purchase transaction or an online purchase transaction, is attempted with the card and the purchase transaction is denied due to suspected account take over. Possession of the card can be verified by detecting the present of the card with a mobile device of the user, such as a smart phone. For example, possession of the card can be verified by near field communication (NFC) between the card and the mobile device, wherein the communication is sufficient to adequately determine the presence of the card.

Abstract: Systems and methods for making a payment on behalf of a payer to a payee are provided. A request to make a payment on behalf of a payer to a payee is received at a first payment service provider. The first payment service provider supports a first payment network within a plurality of payment networks that each include a respective plurality of payers and payees. The payer is one of the plurality of payers and payees associated with the first payment network, and the payor is not one of the plurality of payers and payees associated with the first payment network. A second payment network within the plurality of payment networks with which the payee is associated is identified by the first payment service provider. A payment instruction to make the payment to the payee is transmitted by the first payment service provider to a second payment service provider associated with the second payment network.

Abstract: A high performance platform for execution of a multi-factored risk models is described. The platform calculates risk exposures of investment portfolios in response to market events using metadata risk factor modules. Described are techniques for tracking and editing the metadata risk factor modules. Also described are SQL implemented approaches for aggregating risk exposures and conditional risk simulation techniques.

Abstract: A method and device are described for maintaining software components in a portable electronic device. The device includes memory storing software components executable from the device, with associated pairs of logical storage partitions for storing different versions of the software components, a data interface for coupling the device to a host computer, a contactless interface for receiving payment token data from a contactless payment token, and a cellular network interface for communication of data over a cellular network. An upgrade process is initiated when the device is coupled to the host computer. Data including a different version of at least one of said software components is received, installed and executed to initiate a payment transaction with a remote system. Payment token data is received via the contactless interface means and transmitted to the remote system.

Abstract: Provided is a mobile terminal that has a function of changing a payment credit card at the time of near field communication (NFC) payment in a low battery state, and a method of performing the NFC payment using the mobile terminal. In the mobile terminal according to the present invention, unlike in a mobile terminal in the related art in which payment is simply performed with a default credit card, if the NFC payment is requested in the low battery state where the mobile terminal is powered off, a payment application based on a light operating system, which is executed on an embedded Linux, is displayed, and the NFC payment with a credit card selected from the payment application based on the corresponding light operating system is performed. Therefore, a credit card payment can be effectively performed in a low battery state as well.

Abstract: A system is provided for increasing the probability of timely receiving payment under an agreement between a consumer and a non-utility entity for providing financing for renewable energy consumer premises equipment (CPE) by the consumer for power generation at a consumer premises, the renewable energy CPE adapted to deliver power onto a power grid or to the consumer's premises, the system comprising: a computer for monitoring consumer financial information for by the non-utility entity to detect the consumer's financing default in accordance with the agreement, wherein the renewable energy CPE including a PV array and a control device coupled to the PV array for controlling the operation of the PV array and any power generated by the CPE upon a default detected by the computer.

Abstract: An exchange computer system creates, trades and/or otherwise manages basis derivative contracts. At maturity, a basis derivative contract may have two components. A first component may require a party to the basis derivative contract to make or take some type of delivery related to a particular subject matter. A second component may require the basis derivative contractee to accept a further obligation under one or more derivative contracts related to the subject matter.

Abstract: Trading processes are operative to route orders from order rooms to market processes, which process the orders according to respective market methodologies. The order routing strategy can be embodied in a decision table having rules with conditions and actions to be taken when the conditions are true. Accordingly, order rooms can readily configure and reconfigure trading processes.

Abstract: Various implementations for providing compensation based at least in part on a number of entity groups are described. A relationship network associated with an entity includes a plurality of network entities. The relationship network is determined, and a number of entity groups within the relationship network are counted. The entity groups have a predetermined number of network entities. An entity is caused to be provided with compensation that is based at least in part on the number of entity groups in the relationship network.

Abstract: Example methods, systems, and tangible computer readable storage media disclosed herein provide for tracking of order messages. An example method includes tracking, using a computing device, an order message, the order message including an order for a tradeable object in a trading market. The trading market includes an inside market. The example method includes determining, using the computing device, whether the order is directed to the inside market of the trading market. If the order is determined to be directed to the inside market, the example method includes adjusting a weighting factor to decrease a message ratio. The message ratio compares a weighted order message total to a fill total. If the order is determined to be directed away from the inside market, the example method includes adjusting a weighting factor to increase the message ratio. The example method includes determining, using the computing device, if the message ratio satisfies a message ratio threshold.