Patents by Inventor W. Earl Jennings

W. Earl Jennings 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).

  • Method and system for facilitating network transaction processing
    Patent number: 8396798
    Abstract: According to one embodiment, the present invention relates to a method and a system for facilitating settlement processing within a network of financial institutions may include receiving one or more payment items from a plurality of payment entities, at a centralized agent; aggregating the payment items into one or more categories; identifying a payee financial institution and a payor financial institution for each payment items, wherein the payee financial institution and the payor financial institution are different; determining whether the payee financial institution and the payor financial institution are within the network of financial institutions; for the payee and payor within the network, determining at the centralized agent a settlement path within the network of financial institutions for each payment item; and for the payee and payor that are not within the network, forwarding the payment items to a third party settlement entity.
    Type: Grant
    Filed: January 20, 2012
    Date of Patent: March 12, 2013
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Richard Norman, Tommy J. Vicknair, Carl Shishmanian, John Spence Stephens, Jr., W. Earl Jennings, David L. James
  • METHOD AND SYSTEM FOR FACILITATING NETWORK TRANSACTION PROCESSING
    Publication number: 20120136782
    Abstract: According to one embodiment, the present invention relates to a method and a system for facilitating settlement processing within a network of financial institutions may include receiving one or more payment items from a plurality of payment entities, at a centralized agent; aggregating the payment items into one or more categories; identifying a payee financial institution and a payor financial institution for each payment items, wherein the payee financial institution and the payor financial institution are different; determining whether the payee financial institution and the payor financial institution are within the network of financial institutions; for the payee and payor within the network, determining at the centralized agent a settlement path within the network of financial institutions for each payment item; and for the payee and payor that are not within the network, forwarding the payment items to a third party settlement entity.
    Type: Application
    Filed: January 20, 2012
    Publication date: May 31, 2012
    Applicant: JPMorgan Chase Bank, N.A.
    Inventors: Richard NORMAN, Tommy J. Vicknair, Carl Shishmanian, John Spence Stephens, JR., W. Earl Jennings, David L. James
  • Method and system for facilitating network transaction processing
    Patent number: 8121944
    Abstract: An exemplary method and system may include receiving one or more payment items from a plurality of payment entities, at a centralized agent, wherein the one or more payment items comprise one or more electronic images and paper instruments; aggregating the payment items into one or more categories; identifying a payee financial institution and a payor financial institution for each payment items, wherein the payee financial institution and the payor financial institution are different; determining whether the payee financial institution and the payor financial institution are within the network of financial institutions; for the payee and payor within the network, determining at the centralized agent a settlement path within the network of financial institutions for each payment item; and for the payee and payor that are not within the network, forwarding the payment items to a third party settlement entity by the centralized agent for settlement processing.
    Type: Grant
    Filed: May 26, 2005
    Date of Patent: February 21, 2012
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Richard Norman, Tommy J. Vicknair, Carl Shishmanian, John Spence Stephens, Jr., W. Earl Jennings, David L. James