Abstract: Financial transaction data comprising payment on any one of multiple financial transaction types are processed with an adapter layer that receives an incoming data message relating to a financial transaction initiated by a payer and operates on the incoming data message to produce adapted data relating to the financial transaction, and a processor that receives the adapted data and determines transaction routing to direct the adapted data to a processing network module that requests authorization by an issuer, responds to authorization by initiating request for settlement and payment on the financial transaction to a transaction payee, and responds to payee query requests by providing non-payment data to an external payee.

Abstract: A system, device, and method for calculating an enhanced credit score using insurance rating information, individual rating factors, interaction rating factors, geographic rating factors, vehicle monitoring rating factors, and/or credit risk information is disclosed. Insurance rating information, individual rating factors, interaction rating factors, geographic rating factors, and vehicle monitoring rating factors, either individually or in combinations, may be used as inputs to a novel credit-scoring model to calculate an enhanced or improved credit score. The novel credit-scoring model may be implemented in a computer-readable medium comprising computer-executable instructions for causing a computing device to calculate an enhanced credit score. The computer-executable instructions may be arranged into an input module, output module, and calculation module.

Abstract: Methods, systems, and apparatus, including computer program products, for implementing a software architecture design for a software application implementing expense reimbursement. The application is structured as multiple process components interacting with each other through service interfaces, and multiple service operations, each being implemented for a respective process component. The process components include an Expense and Reimbursement Management process component, a Due Item Processing process component, a Payment Processing process component, a Payroll Processing process component, and an Accounting process component.

Abstract: A method for transferring longevity comprising: receiving an order to trade a financial instrument associated with at least one asset or liability affected by longevity risk; calculating a morbidity description for at least one age of each individual, a survivorship distribution and a mortality distribution, a net cash flow projection distribution, where each distribution value in the net cash flow projection distribution is computed as the probability-adjusted cash in-flow expected over a period, less the probability-adjusted cash out-flow expected over the same period; calculating a net present and net forward value distribution; accepting starting and ending dates over which counterparties wish to exchange the difference to provide at least one exposure period; accepting an input for computing a performance bond; receiving through a computing device, over time, updated mortality information and morbidity information; and recalculating distributions affected to provide recalculated distributions; calculatin

Abstract: A mobile group payment service enables members of a group to access a group account. The group account may enable members to transmit funds, request funds, and perform account queries, and modify account settings, among other possible operations. A member may request a payment from the group account to a target account. A transaction authorization service may facilitate an authorization process to determine whether the requested payment is authorized by one or more of the other members of the group. Upon authorization, the requested payment may be completed by transferring funds to the target account.

Abstract: Systems and methods are disclosed for handling a payment at a point of sale or a remote payment acceptance and processing location for a customer account. The systems and methods may include receiving a payment at a point of sale or a remote payment acceptance and processing location and identifying data including at least an amount of the payment that is associated with the payment. The data may be transmitted over a computer network and stored in a data store that is associated with a customer account. A balance of the customer account may be rapidly updated based on the data associated with the payment. The data may be transmitted over a computer network and may be utilized in a computer software application to provide a customer account with rapid recognition of a payment and of a total balance.

Abstract: Methods and apparatus, including computer program products, for social networking services integrated with gift card services. In general, a profile of a member of a social networking service may be presented with one or more merchant credit services for prepaid merchant account credit, data characterizing a request to provide a credit service from the merchant credit services and a mobile phone number associated with an intended recipient of the first credit service may be received, and a message may be caused to be sent to the mobile phone number, where the message characterizes provision of the first credit service to the intended recipient. Interest in the credit service may be tracked and associated with a loyalty indicator associated with the member.

Abstract: A system and method for transferring bill payment data whereby a user identifies their current financial institution and provides authentication data associated with their current online account system. The current online account system is then accessed using the user provided current online account system authentication data and data associated with a bill payment feature, and/or recurring bill payment feature, of the current online account system is obtained and/or copied, in one example using screen scraping technology. The data associated with the bill payment feature, and/or recurring bill payment feature, of the current online account system is displayed to the user and the user is provided the opportunity to select what portions of the data are to be transferred to a bill payment feature, and/or recurring bill payment feature, of the a new online account system. The selected data then transferred to the bill payment feature, and/or recurring bill payment feature, of the new online account system.

Abstract: Improved access control techniques for distributed messaging systems such as content-based publish/subscribe systems are disclosed. For example, a method for providing access control in a content-based publish/subscribe system, wherein messages are delivered from publishing clients to subscribing clients via a plurality of brokers, includes the following steps/operations. One or more changes to an access control policy are specified. An access control version identifier is associated to the one or more changes. The one or more changes are sent to one or more brokers of the plurality of brokers that have a publishing client or a subscribing client associated therewith that is affected by the one or more changes. The access control version identifier associated with the one or more changes is sent to each of the plurality of brokers.

Abstract: A transaction management device of executing plural if-done-orders in parallel. An order information generation unit of the device generates plural order information groups each including a first order for placing one of a buy or sell orders at a first order price, a second order for placing the other of these orders at a second order price, and a stop loss order for placing the other of these orders at a stop loss order price. This unit acquires the upper limit price for transactions, the lower limit price for transactions, and the number of simultaneously generated order information groups, and calculates the first and second order prices in such a manner that the price difference between the first orders is constant, the price difference between the second orders is constant, and the price difference between the first and the second orders belonging to the same group is constant.

Abstract: A system and method for defining, structuring, and trading political event contracts is disclosed that implement a systematic process for defining political event contracts. The systematic process comprises a rigorous taxonomy of risk event classes that delimit the types of contracts to be defined. An event relevance scoring mechanism determines whether a derivative instrument embodying a specified event is economically warranted and useful to the marketplace as a mechanism for hedging risks not easily addressed through other market tools. The disclosed apparatus further comprises apparatus for modeling the value of a specified political event contract that captures both rational and intuitive analysis about an event using criteria based decision trees to provide highly structured calculation of relative probabilities. The tree components are weighted and compared by an analyst or other user to determine probabilities for various alternative outcomes to a specified political event.

Abstract: Systems, methods, and computer program products include a golden copy application for compiling golden copies of securities pricing according to a set of securities rules established by a subscriber that can be used in a computing environment and embodied in computer readable media. Disclosed embodiments of a golden copy application can compile each subscriber's golden copy in accordance with specific rules defined by the subscriber relative to which information source should be used for different asset classes. Each subscriber can identify more than one information source for each asset class, and rank those sources in order of desirability.

Abstract: A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Using the spread positions and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders.

Abstract: A method begins with a payment entity device receiving an accounts payable data file from a client entity processing module. The method continues with the payment entity device determining a method of payment for an account payable of the accounts payable data file in accordance with a payables profile. The method continues with the payment entity device initiating a first type of payment for the account payable when the method of payment is a first type; initiating a second type of payment for the account payable, when the method of payment is a second type, or initiating a third type of payment for the account payable when the method of payment is a third type.

Abstract: The present invention relates to a credit index, a system and method for structuring a credit index, a system and method for operating a credit index, and a system and method for determining the liquidity of a credit.

Abstract: A method and system for providing a small business a coupon distribution system includes a process for coupon distribution to select consumers whereby a coupon provider defines at least one coupon eligibility criterion that must be met by a consumer in order for the consumer to be eligible to receive a given coupon. The coupon provider also provides coupon offer data including, but not limited to, the terms of the coupon, contact information for the coupon provider, and a logo and/or trademark associated with the coupon provider. The data representing the at least one coupon eligibility criterion and coupon offer data is then provided to the process for coupon distribution to select consumers. Financial data for one or more consumers is then obtained from one or more sources using a computing system implemented financial management system.

Abstract: In various embodiments, an apparatus includes a processor and a memory. The memory is communicatively coupled to the processor. The memory stores software instructions that, when executed by the processor, cause the processor to receive a trading order for a particular quantity of a trading product. The trading order specifies that a first portion of the particular quantity is a displayed quantity and that a second portion of the particular quantity is a reserved quantity. The trading order specifies at least one of a decay rule, a decay interval, a decay rate, decay quantity, and one or more conditions. The software instructions, when executed by the processor, cause the processor to cause the reserved quantity to decay based at least in part on at least one of the decay rule, the decay interval, the decay rate, and the decay quantity, and one or more conditions.

Abstract: A method begins by storing payment request data, which, for a client, includes a payables profile and an accounts payable data file. The method continues by receiving payment remittance information subsequent to initiation of a payment in accordance with the payment request data. The method continues by storing the payment remittance information. The method continues by consolidating the payment remittance information and the payment request data to produce consolidated payment data. The method continues by generating at least one report based on the consolidated payment data.

Abstract: A method begins with a payment entity device receiving payables process data from a client device. The payables process data includes a list of a plurality of creditors and associated payment data, wherein, for a creditor of the plurality of creditors, the associated payment data includes at least one payment scheme for paying at least a portion of debt owed to the creditor via at least one of: a client credit card, a funds transfer, commercial paper, tangible consideration, and a debit account. The method continues with the payment entity device determining level of service for a client associated with the client device. The method continues with the payment entity device generating a payables profile for the client based on the payables process data in accordance with the level of service.

Abstract: A method begins by receiving an accounts payable data file from a client device. The method continues by determining whether a payables profile of a client associated with the client device is to be modified based on the accounts payable data file. The method continues by determining a level of service of the client when the payables profile is not to be modified. The method continues processing payment transactions for accounts payable contained in the accounts payable data file on behalf of the client in accordance with the payables profile via a wide area network when the level of service is a first level of service.