Abstract: Embodiments of the present invention include a computer-implemented method of performing a financial transaction on a network comprising storing a plurality of risk factors and associated severities in a web-enabled remote policy database, the severities defining actions taken when a specific risk factor is detected, storing a plurality of hold override policies that associate a financial transaction type with a hold type in the policy database. Various embodiments can receive transaction data including an image of a check, applying the plurality of risk factors to the transaction data, and applying the plurality of hold override policies to the deposit data. Finally, other embodiments include a web-enabled user interface through with users can review and approve/disapprove the handling of exceptions to the risk factors, severities, and hold override policies on a real-time or near-real time basis.
Type:
Grant
Filed:
January 20, 2012
Date of Patent:
January 8, 2013
Assignee:
Ensenta Corporation
Inventors:
Edward John Viera, Emerson Ward Swan, II, Richard Klein, Dmitri Boudtchenko, James Howard Ballagh
Abstract: Embodiments of the present invention include a computer-implemented method of performing a financial transaction on a network comprising storing a plurality of risk factors and associated severities in a web-enabled remote policy database, the severities defining actions taken when a specific risk factor is detected, storing a plurality of hold override policies that associate a financial transaction type with a hold type in the policy database. Various embodiments can receive transaction data including an image of a check, applying the plurality of risk factors to the transaction data, and applying the plurality of hold override policies to the deposit data. Finally, other embodiments include a web-enabled user interface through with users can review and approve/disapprove the handling of exceptions to the risk factors, severities, and hold override policies on a real-time or near-real time basis.
Type:
Application
Filed:
January 20, 2012
Publication date:
May 17, 2012
Applicant:
Ensenta Corporation
Inventors:
Edward John Viera, Emerson Ward Swan, II, Richard Klein, Dmitri Boudtchenko, James Howard Ballagh
Abstract: Embodiments of the present invention include a computer-implemented method of performing a financial transaction on a network comprising storing a plurality of risk factors and associated severities in a web-enabled remote policy database, the severities defining actions taken when a specific risk factor is detected, storing a plurality of hold override policies that associate a deposit type with a hold type in the policy database, receiving deposit data including an image of a deposit check, applying the plurality of risk factors to the deposit data, and applying the plurality of hold override policies to the deposit data.
Type:
Grant
Filed:
May 5, 2005
Date of Patent:
March 6, 2012
Assignee:
Ensenta Corporation
Inventors:
Edward John Viera, Emerson Ward Swan, II, Richard Klein, Dmitri Boudtchenko, James Howard Ballagh