Abstract: This is a pre-paid card system used to store monetary value and subsequently for making payment to merchants through the telephone system or through a data network. Unlike static credit card numbers, this invention employs the generation of encrypted dynamic codes for each transaction, which must be verified within a specific time, for payment initiation. Codes are send by merchant when a purchase is agreed upon and each codes have a time limit to be used. Customers need to accept this codes and present them to the host computer to complete the payment process. Codes from both merchant and customer are decrypted at the host computer to produce the authenticated instructions for the payment. This invention also employs a unique formula to calculate stored value including in foreign currencies.

Abstract: A trusted computer system for conducting an electronic financial asset deposit auction over a computer network such as the Internet wherein invited depositor members are anonymous and bid against themselves for a number of sessions no greater than the number of depositor members. At each session, a member is declared a winner and eliminated from further sessions. The winner then collects the pooled discount deposits with repayment due in the next session payable to the winner of the said session. The aforesaid steps are repeated until one depositor is left wherein said depositor will receive the highest rate of return.

Abstract: An electronic economic value representation distribution system. The potential user may specify the economic value representation. A password is required to lock in the representation and is stored in the issuer server. Information identifying the representation is linked to the password stored in the database. User can create the said representation by downloading from the issuer computer that may be printed on the user's printer connected to his personal computer. On presentation of the said economic value representation at verifier's terminal connected to issuer server, identifying data is transmitted to issuer server for verification. Upon successfully verifying said identifying information, user is requested to present the password locking the representation. Upon successful authentication of presented and successful reconciling with originating account, verifier is to provide user with services or amount valued by the economic representation.

Abstract: An apparatus, method and program for user to contract a total ownership value by calculating premium (booking fee and buy back fee) both in monetary terms or premium. Calculation of booking fee and buy back fee for a motor vehicle is disclosed allowing the user to purchase and/or sell a vehicle at the both prices of his own choosing within a future period whereby premium in consideration provides a right but not an obligation.

Abstract: Bank syndicates post their syndication information to allow other banks the opportunity to evaluate competitive pricing in one website. Lenders post their requirements to allow syndicates to evaluate their requirements in one website. A bank or customer navigates to the site to obtain information and may confirm a posted bid in which case the site operator notifies the lender or syndicator. The lender or syndicator may then accept this confirmation and the site operator notifies the lender or syndicate who are successful in their posted bid. Alternatively, the entities involved may negotiate their bids for a particular syndication using an on-line interactive auction block. The web operator will then administer and manage on-line the syndicated loan on behalf of the syndicator.

Abstract: A computer network method for conducting payment over a network by crediting and debiting utility accounts. The computer network includes a computer connected to the Internet, which performs the following functions: (1) receiving a payment request from a prospective payer; (2) confirming the request and verifying payer's identifier and authorization data; (3) receiving an electronic authority from the payer's utility service computer indicating whether or not such request has been approved; (4) crediting and debiting payer's and payee's utility accounts with the approved amount and (5) confirming this transaction by responding a receipt to the payer's mobile device and to payee's server.

Abstract: A computer network method for conducting payment over a network by crediting and debiting telecommunication accounts. The computer network includes a computer connected to the Internet, which performs the following functions: (1) receiving a payment request from a prospective payer; (2) confirming the request and assigning an unique transaction identifier; (3) receiving an electronic authority from the payer's telecommunication service computer indicating whether or not such request has been approved; (4) crediting and debiting payer's and payee's telecommunication accounts with their respective telecommunication service providers and (5) confirming this transaction by responding a receipt to the payer's mobile device and to payee's server.

Abstract: An apparatus, method and program for user to contract a future education fee amount now and paying for the said education fees in the future. This is done by way of a contract agreeable between the institution and the user where the future fee is only payable if said user is being offered admission to the institution. The user in initiating this contract provides details of the amount that can be paid in the future for a specific course, past academic results, time to commencement, personal data, flexibility factor, the intended course etc. The responding institution will determine whether the presented merits a contract to fix a future education course fee today. If the institution should decide to offer this contract then a premium is calculated to secure this contract.

Abstract: A computer system for conducting an electronic financial asset deposit auction over a computer network such as the Internet. The computer system includes a computer connected to the Internet, which performs the following functions: (1) receiving an electronic deposit application form from a prospective depositor; (2) providing such application to a deposit authorizer's computer over the computer network for approval; (3) receiving an electronic message from the deposit authorizer's computer indicating whether or not such deposit has been approved; (4) entering the deposit application into a database that is accessible to bidder/borrowers via the computer network, if the deposit is approved; and (5) maintaining the deposit application in the database for a predetermined period time during which bidder/borrowers may submit bids and the prospective depositor may accept a bid.

Abstract: An apparatus, method and program for determining the price of an option to pay for or sell cargo freight facility on the Internet and for facilitating the sale and exercise of those options including the underlying contract which is made transferable. By purchasing an option, a customer can lock in a specified freight cost without tying up his money and without risking the higher cost fee if there is a rise later. Pricing of these options may be based on several criterion including, date of departure, type of cargo and so on. By selling such option, the carriers will have extra cash flow and reliability.

Abstract: An apparatus, method and program for user to contract a total ownership value by calculating premium (booking fee and buy back fee) both in monetary terms or premium. Calculation of booking fee and buy back fee for a motor vehicle is disclosed allowing the user to purchase and/or sell a vehicle at the both prices of his own choosing within a future period whereby premium in consideration provides a right but not an obligation.

Abstract: A trusted computer system for conducting an electronic financial asset deposit auction over a computer network such as the Internet wherein invited depositor members are anonymous and bid against themselves for a number of sessions no greater than the number of depositor members. At each session, a member is declared a winner and eliminated from further sessions. The winner then collects the pooled discount deposits with repayment due in the next session payable to the winner of the said session. The aforesaid steps are repeated until one depositor is left wherein said depositor will receive the highest rate of return.

Abstract: This is a pre-paid card system used to store monetary value and subsequently for making payment to merchants through the telephone system or through a data network. Unlike static credit card numbers, this invention employs the generation of encrypted dynamic codes for each transaction, which must be verified within a specific time, for payment initiation. Codes are send by merchant when a purchase is agreed upon and each codes have a time limit to be used. Customers need to accept this codes and present them to the host computer to complete the payment process. Codes from both merchant and customer are decrypted at the host computer to produce the authenticated instructions for the payment. This invention also employs a unique formula to calculate stored value including in foreign currencies.

Abstract: A computer network method for conducting payment over a network by crediting and debiting utility accounts. The computer network includes a computer connected to the Internet, which performs the following functions: (1) receiving a payment request from a prospective payer; (2) confirming the request and verifying payer's identifier and authorisation data; (3) receiving an electronic authority from the payer's utility service computer indicating whether or not such request has been approved; (4) crediting and debiting payer's and payee's utility accounts with the approved amount and (5) confirming this transaction by responding a receipt to the payer's mobile device and to payee's server.

Abstract: A computer network method for conducting payment over a network by crediting and debiting telecommunication accounts. The computer network includes a computer connected to the Internet, which performs the following functions: (1) receiving a payment request from a prospective payer; (2) confirming the request and assigning an unique transaction identifier; (3) receiving an electronic authority from the payer's telecommunication service computer indicating whether or not such request has been approved; (4) crediting and debiting payer's and payee's telecommunication accounts with their respective telecommunication service providers and (5) confirming this transaction by responding a receipt to the payer's mobile device and to payee's server.

Abstract: An apparatus, method and program for determining a price of an option to pay for or sell an education course and for facilitating the sale and exercise of those options including the underlying course fee which is made transferable. By purchasing an option, a customer can lock in a specified education fee without tying up his money and without risking the higher cost of the education fee if there is a rise later. Pricing of these options may be based on the University/Higher Learning Institute admission criteria, course length/duration and cost of funding prevailing at that time, the risk of rising cost in the future. By selling such option, the University/Institute of Higher learning will be reliably funded and at a cheaper rate as well.

Abstract: A computer system network over the internet to allow users to purchase and print instrument of entitlements for goods and services in one website such as a ticket. Users can pay using credit cards or internet bank transfer which is automated by the host computer and causes the account to be debited and prints the said instrument. Users are provided with the opportunity to protect their tickets using personal identification such as passwords to activate the tickets on presentation. The host computer informs the merchants of the issued ticket which will be presented at their premises. Merchants can authenticate the ticket holder by reading the bar codes printed using a bar code reader and by inputting the identification number of the ticket which is linked to a personal identification password over the computer network. The ticket expires in full once activated by this password at the point of exchange for goods or services.