Abstract: Systems, methods, and software are described for authorizing transactions undertaken with a negotiable instrument which is pre-allocated a specific amount of funds. A host computer system may receive a request to allocate funds to a negotiable instrument. The host may verify the availability of funds, and allocate the funds to the negotiable instrument. The host may then receive a request to authorize the transaction in which the negotiable instrument is used. The host may verify that the particular instrument has been allocated the specific amount indicated, and thereby authorize the transaction.
Type:
Grant
Filed:
January 28, 2009
Date of Patent:
February 9, 2010
Assignee:
Money Networks, LLC
Inventors:
Richard Jackman, Mark Herrington, Mark Putman
Abstract: Systems, methods, and software are described for authorizing transactions undertaken with a negotiable instrument which is pre-allocated a specific amount of funds. A host computer system may receive a request to allocate funds to a negotiable instrument. The host may verify the availability of funds, and allocate the funds to the negotiable instrument. The host may then receive a request to authorize the transaction in which the negotiable instrument is used. The host may verify that the particular instrument has been allocated the specific amount indicated, and thereby authorize the transaction.
Type:
Application
Filed:
January 28, 2009
Publication date:
June 11, 2009
Applicant:
Money Network, LLC
Inventors:
Richard Jackman, Mark Herrington, Mark Putman
Abstract: Systems, methods, and software are described for authorizing transactions undertaken with a negotiable instrument which is pre-allocated a specific amount of funds. A host computer system may receive a request to allocate funds to a negotiable instrument. The host may verify the availability of funds, and allocate the funds to the negotiable instrument. The host may then receive a request to authorize the transaction in which the negotiable instrument is used. The host may verify that the particular instrument has been allocated the specific amount indicated, and thereby authorize the transaction.
Type:
Grant
Filed:
August 9, 2007
Date of Patent:
March 10, 2009
Assignee:
Money Network, LLC
Inventors:
Richard Jackman, Mark Herrington, Mark Putman
Abstract: Systems, methods, and software are described for authorizing transactions undertaken with a negotiable instrument which is pre-allocated a specific amount of funds. A host computer system may receive a request to allocate funds to a negotiable instrument. The host may verify the availability of funds, and allocate the funds to the negotiable instrument. The host may then receive a request to authorize the transaction in which the negotiable instrument is used. The host may verify that the particular instrument has been allocated the specific amount indicated, and thereby authorize the transaction.
Type:
Grant
Filed:
September 9, 2005
Date of Patent:
January 13, 2009
Assignee:
Money Network, LLC
Inventors:
Richard Jackman, Mark Herrington, Mark Putman
Abstract: Systems, methods, and software are described for authorizing transactions undertaken with a negotiable instrument which is pre-allocated a specific amount of funds. A host computer system may receive a request to allocate funds to a negotiable instrument. The host may verify the availability of funds, and allocate the funds to the negotiable instrument. The host may then receive a request to authorize the transaction in which the negotiable instrument is used. The host may verify that the particular instrument has been allocated the specific amount indicated, and thereby authorize the transaction.
Type:
Application
Filed:
August 9, 2007
Publication date:
November 29, 2007
Applicant:
Money Network, LLC
Inventors:
Richard Jackman, Mark Herrington, Mark Putman
Abstract: Systems, methods, and software are described for authorizing transactions undertaken with a negotiable instrument which is pre-allocated a specific amount of funds. A host computer system may receive a request to allocate funds to a negotiable instrument. The host may verify the availability of funds, and allocate the funds to the negotiable instrument. The host may then receive a request to authorize the transaction in which the negotiable instrument is used. The host may verify that the particular instrument has been allocated the specific amount indicated, and thereby authorize the transaction.
Type:
Application
Filed:
September 9, 2005
Publication date:
March 15, 2007
Applicant:
Money Network, LLC
Inventors:
Richard Jackman, Mark Herrington, Mark Putman