Patents by Inventor Albert G. Wood
Albert G. Wood has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Patent number: 11301824Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: GrantFiled: June 12, 2020Date of Patent: April 12, 2022Assignee: The Clearing House Payments Company LLCInventors: John P. Dunn, Stephen Ledford, Steve H. Jackson, Albert G. Wood
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Publication number: 20200311696Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: ApplicationFiled: June 12, 2020Publication date: October 1, 2020Inventors: John P. Dunn, Stephen Ledford, Steven H. Jackson, Albert G. Wood
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Patent number: 10685337Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: GrantFiled: September 21, 2017Date of Patent: June 16, 2020Assignee: THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Inventors: John P. Dunn, Stephen Ledford, Steve H. Jackson, Albert G. Wood
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Patent number: 10643190Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: GrantFiled: September 21, 2017Date of Patent: May 5, 2020Assignee: THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Inventors: John P. Dunn, Stephen Ledford, Steven H. Jackson, Albert G. Wood
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Patent number: 10636018Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: GrantFiled: September 21, 2017Date of Patent: April 28, 2020Assignee: THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Inventors: John P. Dunn, Stephen Ledford, Steve H. Jackson, Albert G. Wood
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Publication number: 20190333068Abstract: A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiary's account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiary's PIC number.Type: ApplicationFiled: July 8, 2019Publication date: October 31, 2019Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Patent number: 10387879Abstract: A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiary's account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiary's PIC number.Type: GrantFiled: July 22, 2015Date of Patent: August 20, 2019Assignee: The Clearing Housse Payments Company L.L.C.Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Publication number: 20180012200Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: ApplicationFiled: September 21, 2017Publication date: January 11, 2018Inventors: John P. Dunn, Stephen Ledford, Steven H. Jackson, Albert G. Wood
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Publication number: 20180012199Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: ApplicationFiled: September 21, 2017Publication date: January 11, 2018Inventors: John P. Dunn, Stephen Ledford, Steven H. Jackson, Albert G. Wood
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Publication number: 20180012201Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: ApplicationFiled: September 21, 2017Publication date: January 11, 2018Inventors: John P. Dunn, Stephen Ledford, Steven H. Jackson, Albert G. Wood
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Patent number: 9799011Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: GrantFiled: March 28, 2014Date of Patent: October 24, 2017Assignee: THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Inventors: John P. Dunn, Stephen Ledford, Steve H. Jackson, Albert G. Wood
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Publication number: 20150324801Abstract: A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiary's account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiary's PIC number.Type: ApplicationFiled: July 22, 2015Publication date: November 12, 2015Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Publication number: 20150046319Abstract: A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiary's account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiary's PIC number.Type: ApplicationFiled: October 14, 2014Publication date: February 12, 2015Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Publication number: 20140214682Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: ApplicationFiled: March 28, 2014Publication date: July 31, 2014Applicant: THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Inventors: John P. Dunn, Stephen Ledford, Steve H. Jackson, Albert G. Wood
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Publication number: 20140164246Abstract: A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiary's account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiary's PIC number.Type: ApplicationFiled: February 14, 2014Publication date: June 12, 2014Applicant: THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Patent number: 8725607Abstract: A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.Type: GrantFiled: January 30, 2004Date of Patent: May 13, 2014Assignee: The Clearing House Payments Company LLCInventors: John P. Dunn, Stephen Ledford, Steve H. Jackson, Albert G. Wood
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Publication number: 20130262296Abstract: A payment method including determining whether a first routing identifier included in a payment instruction has routing information for a financial institution. The payment instruction also includes a payee-related identifier. If the first routing identifier is determined to include routing information for a financial institution, then a payment message is transmitted based on the first routing identifier, wherein the payment message includes the payee-related identifier. If the first routing identifier is determined to not include routing information for a financial institution, then (a) payee-related account identification information and a second routing identifier are retrieved based on the payee-related identifier, and (b) a payment message including the payee-related account identification information is transmitted to a payee-related destination, based on the second routing identifier. The payment message does not include at least one of the payee-related identifier and the first routing identifier.Type: ApplicationFiled: January 23, 2013Publication date: October 3, 2013Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Publication number: 20110295746Abstract: A method comprises receiving a payment instruction including a payment system routing number and a unique code associated with a payee, and employing the routing number to determine whether it includes routing information for a specific financial institution. If so, then the payment instruction is transmitted based on the routing number. The transmitted payment instruction includes the unique code associated with the payee. If the routing number is determined to not include routing information for a specific financial institution, then account identification information of the payee and a first system routing number are retrieved based on the unique code, and the unique code included in the payment instruction is replaced with the retrieved account identification information, and the routing number is replaced with the retrieved first system routing number. The payment instruction with the account identification information is transmitted to the payee and/or a financial institution associated with the payee.Type: ApplicationFiled: May 26, 2011Publication date: December 1, 2011Inventors: George E. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Patent number: 7979348Abstract: A method comprises receiving a payment instruction including a payment system routing number and a unique code associated with a payee, and employing the routing number to determine whether it includes routing information for a specific financial institution. If so, then the payment instruction is transmitted based on the routing number. The transmitted payment instruction includes the unique code associated with the payee. If the routing number is determined to not include routing information for a specific financial institution, then account identification information of the payee and a first system routing number are retrieved based on the unique code, and the unique code included in the payment instruction is replaced with the retrieved account identification information, and the routing number is replaced with the retrieved first system routing number. The payment instruction with the account identification information is transmitted to the payee and/or a financial institution associated with the payee.Type: GrantFiled: April 23, 2003Date of Patent: July 12, 2011Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese
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Publication number: 20040034594Abstract: A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiary's account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiary's PIC number.Type: ApplicationFiled: April 23, 2003Publication date: February 19, 2004Inventors: George F. Thomas, Albert G. Wood, Joseph S. Pawelczyk, Kenneth H. Friedman, Paul Palmese