Abstract: A method for processing payment is disclosed. The method includes obtaining, by a point-of-sale (POS) device from a certification authority, a certificate data item that identifies the POS device for completing a purchase by a consumer, generating a payment request containing the certificate data item, broadcasting the payment request via a wireless signal within a pre-determined range of the POS device for receiving by a mobile device of the consumer, where the mobile device stores payment credential of the consumer, receiving, by the POS device, an encrypted payment credential from the mobile device, where the encrypted payment credential is generated by the mobile device encrypting the payment credential based on the certificate data item, and decrypting the encrypted payment credential based on the certificate data item to retrieve the payment credential for processing the payment.

Abstract: During operation of the system, a user of a portable electronic device provides a request to enroll in a financial service associated with a provider. For example, the financial service may facilitate financial transactions via a financial application that executes on the portable electronic device. Then, an electronic device determines that the user is an existing customer of at least one of a set of financial institutions that have a business relationship with the provider, where the provider is other than one of the financial institutions. Next, the electronic device enrolls the user in the financial service without requesting additional information from the user. By leveraging the business relationship between the user and one of the financial institutions in the set of financial institutions, the user can avoid having to perform a complicated enrollment process in order to start using the financial service.

Abstract: A method of reconciling a first list (a bank statement) formed of a first number of first records and a second list (bank customer's list of records) formed of a second number of second records where the records affect the account balance for the bank statement. For each unmatched record in the first list, a corresponding record from the second list is selected based upon a match value. Whenever the match value exceeds a threshold value, the corresponding records from the first and second lists are paired and thereafter, are removed from further reconciliation processing. The highest match value resulting from comparing record elements and other attributes of records from the first and second lists is determined as a probable match for reconciliation.