Abstract: The present invention relates to a method for enhancing the efficiency of digitally communicated data exchanges and to a computer system that implements such a method. The invention particularly concerns the use of adaptive custom compression techniques, binary integers (“bits”), massively parallel processing, database optimization techniques and/or calculation optimization techniques to achieve such enhanced efficiency. The invention is applicable to any digitally communicated data exchange, but is particularly applicable to exchanges of financial information such as financial market buy/sell orders, market making, etc.

Abstract: The present invention provides an automated system configured to facilitate transfers of cash value from one or more lines of credit to one or more deposit accounts or payment systems. An automated system ensures that requested funds are available in a customer's one or more lines of credit and electronically deposits the requested funds into one or more designated deposit accounts or payment systems. An automated system provides a means for customers to manage lines of credit, setup transfer transactions, define rules governing transfers and view transactional history. The automated system, in network connection with the lending organization's backend systems, may authenticate customer identities and credit accounts as well as insure that the requested funds are available for transfer into a deposit account.

Abstract: Implied prices and their quantities are computed. Markets are characterized by exhaustively computing one or more combinations of other related markets. Each combination when summed in a particular way results in the market under consideration. In a described embodiment, the number of market combinations found is an exhaustive list of market combinations such that the market under consideration can be fully and completely characterized, such that each combination provides implied market information about the market under consideration. Implied market information can include implied prices and their quantities, which are computed for each combination and used accordingly in displays or used by automated or semi-automated trading tools.

Abstract: A method of processing data in connection with a security is provided. The security is collateralized by a plurality of home mortgage loans or by portions of the plurality of home mortgage loans. The method comprises generating payment projections regarding principal and interest payment projections for the plurality of home mortgage loans; determining that the payment projections have errors; and modifying loan characteristic data to eliminate errors in the loan characteristic data that cause errors in the payment projections. According to another embodiment, a method comprises receiving payment data regarding the plurality of loans a plurality of times separated by a plurality of days during the reporting cycle. Each time the payment data is received, the payment data is processed and the opportunity to make corrections is provided.

Abstract: A method for generating a price for a loan comprises providing a seller of one or more loans with an ability to make an N-day forward commitment, wherein N is an arbitrary number selectable by the seller. The method further comprises receiving a commitment from the seller for the one or more loans and generating a market-based price for the one or more loans based on the N-day forward commitment.

Abstract: A computer implemented system and method, in a client-server environment, is provided for customer credit information acquisition, aggregation, and maintenance, during a financing cycle. An identification (ID) module is configured to capture and associate customer identification data with an electronic customer file, while a credit application module captures and associates a customer credit application with the electronic customer file. An electronic dashboard tracks and selectively displays status of the electronic customer file, while an enforcement module selectively permits and prevents acquisition of a credit report for the customer in accordance with the status of the electronic customer file. A credit report module is configured to, upon permission by the enforcement module, acquire a credit report for the customer and associate it with the customer file.

Abstract: This document proposes a system and method whereby users within a social network infrastructure can engage in monetary transactions with other users through the use of a collective investment trust. The system relies on a two-level prerequisite basis, the successful fulfillment of which deems a user of a social network a serviceable end-user. The invention links the end-users' social network(s) to an electronic transaction service. The successful conjoining of which allows said end-user to create or participate in a collective investment trust. Furthermore, a collective investment trust is not exclusively constrained to a single social network; it can be available to one or all serviceable social network(s) at the end-user's behest.

Abstract: A distributed work force of selected candidate evaluators is used to quickly and efficiently provide multiple evaluations of a candidate for a skill position. Candidate information is provided to multiple candidate evaluators in a distributed work force. Review information is received from the multiple candidate evaluators comprising an evaluation score for one or more candidate attributes and a ranking is generated for the candidate relative to other candidates for the skill position based on the received review information.

Abstract: A mechanism is provided for deploying software applications in a cloud computing environment. An administrator is provided an interface for allowing a software application that is designed for a single tenant to be used by a plurality of users. An aspect of the invention is to provide a mechanism for quickly and easily giving multi-user qualities to a single tenant application like autoCAD. As such, multiple users can access the application without the need to download and install a version locally on their system. The system is able to determine the period of time for which an application is in use for a given user, because every application is run on a resource that is part of the cloud environment. Therefore, it is possible for the application provider to charge for the application in a usage-based model—e.g. by the hour, or day—without any re-engineering of the existing application.

Abstract: A computing apparatus includes: a transaction handler configured to process payment transactions; a data warehouse coupled with the transaction handler to store transaction data recording the payment transactions processed by the transaction handler; and a portal coupled with the data warehouse to store non-transaction data associated with the transaction data. The portal is further configured to receive input from account holders to specify personalization data and to store the personalization data in the data warehouse to tag the non-transaction data. The personalization data controls the access to the non-transaction data tagged with the personalization data.

Abstract: The present disclosure provides a multi-option system and method for payment of selected item from a merchant. A purchaser selects a payment option through an electronic device. A payment message indicating the selected payment option and the purchaser's account information associated with the selected payment option is sent to a payment portal. The payment portal selects a suitable participating entity based on the selected payment option and sends the purchaser's account information to the selected participating entity. The participating entity authenticates the purchaser's account and generates an instruction message based on the result of the authentication. The portal receives the instruction message and sends the same to a server of the merchant.

Abstract: An intelligent administration system for paying electricity bills mainly includes a monitoring device for monitoring the actual meter readings that indicate the electricity consumption of an electricity consuming system and a management platform connected to the monitoring device via a network system. Accordingly, the intelligent administration system for paying electricity bills of the present invention allows real-time monitoring of the electricity consuming system, provides remote value-adding and payments, and allows the administrator to adjust electricity charging standard according to the fluctuations in tariff, achieving a fair payment mechanism.

Abstract: In accordance with aspects of the disclosure, a system and methods are provided for managing working capital by scheduling payments to be paid for accounts payable based on payments received for accounts receivable relative to one or more time intervals while maintaining a predetermined working capital reserve threshold. The systems and methods may include calculating accounts receivable patterns for each customer to determine a confidence level in receiving payments from each customer within the one or more time intervals, generating one or more potential payment schemes for each vendor, and generating a payment schedule for accounts payable for each vendor within the one or more time intervals based on the determined confidence level for each customer and the one or more potential payment schemes for each vendor while maintaining the predetermined working capital reserve threshold.

Abstract: A dropped payment file is obtained at a computing device of an operator of an electronic funds transfer bill payment system from a client of such system. The dropped payment file includes data associated with at least one unsuccessful attempt to match payment data to a corresponding biller. The data in the dropped payment file is cleaned to create an updated dropped payment file. Matching logic is applied to the updated dropped payment file to identify at least one recommended biller to which the payment data should likely have been routed to. The client is advised of the at least one recommended biller.

Abstract: A program for running on a processor of a portable payment device is adapted for carrying out a payment interaction and permitting ticket storage in a memory of the portable payment device. The program is configured to interact with an access point and includes a set of instructions, a first code portion and a second code portion. The set of instructions, when executed by the processor, causes the portable payment device to perform the steps of: responsive to a first message from said access point, executing the first code portion; and responsive to a second message from the access point, executing the second code portion. The first code portion includes first instructions corresponding to the payment interaction. The second code portion includes instructions corresponding to the payment interaction and second instructions corresponding to the ticket interaction.

Abstract: A system and method of certifying a check which involves a captured image of the check. An example method includes receiving by a first computer a request from a second computer to certify a check from a payer to a payee, the check serving to withdraw funds from an account of the payer, receiving by the first computer an image file containing an image of the check from the second computer, obtaining an account number and an amount from the image file by the first computer, determining using the account number whether funds equal to the amount are in the account, and when funds equal to the amount are in the account, putting a hold on the funds equal to the amount and issuing a certification number and a password by the first computer.

Abstract: Methods and systems which allow one or more money transfer transactions to be implemented in a manner which provides additional certainty to a receiving party are provided. In one embodiment, a money transfer service authorizes a sender to transfer up to a certain amount of money. With this authorization, a money transfer transaction regiment is established, while the money transfer service maintains an accounting of the balance to insure that the balance remains below the pre-determined authorized amount. In another embodiment, a money transfer services utilizes reliability criteria to authorize a sender to transfer money with the money and service charge being collected after the transfer is completed.

Abstract: Anonymous transactions regarding prepaid negotiable instruments may be conducted. An anonymous account may be provided that is identified by an account number. Upon verification of a PIN and the account number, an individual is authorized to make an initial deposit of funds into the anonymous account, representing a pre-payment for negotiable instruments. The individual is thus authorized to request the issuance of negotiable instruments in an amount not exceeding the initial deposit of funds. When the issuance of negotiable instruments has depleted the initial deposit of funds, the anonymous account is closed. However, the anonymous account may be converted into a non-anonymous account, capable of accepting subsequent deposits, if the individual provides personal identifying information.

Abstract: A system for generating and processing an electronic funding application is disclosed. The system includes a memory storing instructions and a processor configured to execute the instructions to transmit the electronic funding application to a client and enter financial data into the funding application. The financial data includes a magnetic ink character recognition (MICR) line, a currency amount, and an account identifier. The instructions further transmit the financial data to a server, validate at least a portion of the financial data by comparing a portion of the financial data to data representing valid demand deposit accounts, convert the MICR line to an item compatible with an automated clearing house (ACH) network, and submit the item and the currency amount to the ACH network. The currency amount is transferred from the demand deposit account of the customer to the financial account of the customer.

Abstract: A method for delivering non-financial electronic data through a secure communications channel between a payment processing network and an access device is disclosed. One embodiment of the invention is directed to a method comprising receiving, at a payment processing network, a request to establish a secure communications channel between a consumer device and the payment processing network. Upon establishing a secure communications channel with the consumer device, the payment processor network receives non-financial electronic content from a merchant at the payment processing network where the non-financial electronic content is selected at the merchant by a user associated with the consumer device. The non-financial electronic content is sent to the consumer device from the payment processing network via the secure communications channel between the consumer device and the payment processing network.

Abstract: A wireless mobile communications apparatus reads removable cards and can communicate an account corresponding to the removable card in order to conduct a wireless transaction with a merchant on the account with the wireless mobile communications apparatus. A total currency amount for the transaction, and remaining balance in the account after the transaction, can be displayed on a display screen of the wireless mobile communications apparatus. The removable card can be a gift card bearing a magnetic strip having an identifier for the account encoded thereto that will be read when inserted into the wireless mobile communications apparatus which can be a cellular telephone or Web enabled portable device. The magnetic strip gift card can be substantially composed of paper so as to be intended for disposable after use.

Abstract: A method for generating a transaction signal using a first device and a second device includes generating first information dependent on a user-selected amount, transmitting the first information to a verification device and generating therefrom a signal, generating based on the first information with the verification device first verification information, transmitting the signal from the verification device to the first device where the signal is converted into a two-dimensional representation for display on the first device, recording the two-dimensional representation on the display of the first device with a camera of a second device and generating a recording signal, transmitting with the second device the recording signal, or other information dependent on the recording signal, to the verification device for generating second verification information, and generating the transaction signal when a comparison between the first verification information and the second verification information produces a pred

Abstract: A method for remotely reviewing medical data allows medical data to be transmitted over a vulnerable network to a physician's mobile device. The method sends data to be transmitted through a console, and a data server to reach the mobile device. The method includes separating patient's medical file into a demographics layer and a data layer, separately encrypting the demographic layer and data layer using different encryption keys, and providing servers in a communication and processing system with a decryption key for the layer processed by such server. Medical file data may be separated into more than two layers. After reviewing the data, physicians may transmit their comments from their mobile device to the requestor by going through the same system. Separately encrypting different parts of a patient medical record enables processing and communication of patient medical files by intermediary servers without risking disclosure of sensitive patient information.

Abstract: A method for distributing content. The method distributes a single media storage structure to a device (e.g., a computer, portable player, etc.). The media storage structure includes first and second pieces of encrypted content. Based on whether the device is allowed to access the first piece of content, the second piece of content, or both, the method provides the device with a set of keys for decrypting the pieces of the content that the device is able to access. The provided set of keys might include one or more keys for decrypting only one of the two encrypted pieces of content. Alternatively, it might include one or more keys for decrypting both encrypted pieces of content. For instance, the selected set of keys might include a first key for decrypting the first encrypted piece and a second key for decrypting the second encrypted piece.

Abstract: A method of providing an Internet based transaction for goods or services offered via a website, the method comprising requesting from the website a secure financial transaction from a merchant associated with the website for said goods or services using an Internet access device, activating an encryption device in data communication with the Internet access device, receiving from the encryption device encrypted user financial card details for the secure financial transaction, the Internet access device transmitting the received encrypted user financial card details over the Internet to a transaction server, decrypting the received encrypted user financial card details at the transaction server, and forwarding the decrypted card details to a financial institution in data communication with the transaction server and thereafter using the decrypted card details to complete the secure financial transaction for the Internet based transaction for said goods or services.

Abstract: The invention relates to a system and treatment process of a bank reimbursement transaction of a user of the system having made a first bank expense transaction for a company (30). The invention relates to a secure and completely dematerialised treatment system for expense claims. It comprises payment means (14) for making a first bank transaction and means for creating the expense claim 15, 16). The system ensures security of the bank data in the treatment process of the expense claim.

Abstract: Systems and method for performing secure electronic payment transactions to allow merchants to perform payment processing such that the merchant payment system is not required to store data specific to a particular payment device.

Abstract: A project management system comprising a means for storing each of a plurality of process definitions, a plurality of phase definitions, a plurality of task definitions, an association between each task definition and a selected process definition and a selected phase definition, and task status information associated with each task, and a display means for displaying a two-dimensional grid arrangement in which a first dimension is subdivided according to process definitions and a second dimension is subdivided according to phase definitions, thereby to define a plurality of cells at the intersection of the two dimensions, a plurality of the cells thus defined therefore representing tasks, in respect of which task status information is displayed,a means for storing user identities and user rights associated with the user identities will allow the display means to be adapted to limit the display according to the user rights

Abstract: A maximum expected value of a residual value warranty for a product to a customer is determined. An expected cost to a provider to support the residual value warranty for the customer is determined, based on the maximum expected value of the candidate residual value warranty to the customer. The expected profitability of the candidate residual value warranty is determined based on the expected cost.

Abstract: There is provided a device for determining a rental capacity of a storage battery in which an appliance load predicting unit predicts a demand amount of a household electrical appliance; a power generator predicting unit predicts a power generation amount of a power generator; a constraint condition creating unit creates a constraint condition including first and second constraint expressions, the former matching the predicted demand amount with total electric power supplied to the household electrical appliance and the latter matching the predicted power generation amount with a sum of a power sale amount to the power supplier, a charge amount into the storage battery, and a supply amount to the household electrical appliance; an objective function creating unit creates an objective function based on a sale benefit function, a rental benefit function, a purchase cost function; and an optimization computing unit optimize the objective function to obtains a rental capacity.

Abstract: There is provided a method and system to manage licensing information associated with an aggregate document. In accordance with the method, a selection of an aggregate document that includes at least one associated sub-document is received. Each of the at least one sub-document is associated with at least one copyright flag. A sub-document is selected from the at least one sub-document. A copyright flag is selected from the at least one copyright flag associated with the selected sub-document. It is determined whether the selected copyright flag is resolved. The selected sub-document is exported to an export document capable of being transmitted to a computing system associated with a user if it is determined that the selected copyright flag is resolved.

Abstract: Winrows is a specific process which executes in synergy with Fill-A-Box©™ and Stat-Medicament-Disposal(c)™ removal of food waste (bio-waste) from landfills and water systems. It quantifies data by address/location by weight of food waste (bio-waste) that is then converted under cap and trade to carbon off-set credits for address/location through Greenebank(c)™. It is a converted 13 gallon collapsible garbage holder that has been modified to hold extra bags and a carbon filter. The food waste (bio-waste) is used in vermiculture, and composting. The liquid by-product and final product is harvested and sold and any excess is converted to swill for pig feed. Curbside pickup by Fill-A-Box©™ scans and weighs the bags and transmits data to Winrows database by address/location.

Abstract: The system and method described herein may securely disseminate and manage postal rate information, including discount or custom postal rates established in contractual agreements negotiated between a postal service and certain mailers, among other postal rate types. For example, the postal service may upload postal rates to a server associated with a postage vendor and optionally associate the postal rates with particular mailers. The postal service and/or postage vendor may then validate whether the postal rates were correctly uploaded, and the postage vendor may then enable applicable mailers to utilize the postal rates in response to validating that the postal rates were correctly uploaded. Additionally, the postage vendor may maintain records relating to postage transactions, which a mailer can use to support a request to negotiate the custom postal rates with the postal service and subsequently prove compliance with any terms and conditions associated therewith.

Abstract: A computer-operated method for distributing job-seeker qualifications to hiring entities comprises job-seeker registration and secure internet entry/uploading, of personal data into a program administrator server, to selectively populate one or more data fields, including a résumé module, a photo/video module, a verification module, and a pre-employment screening module. The job-seeker selects a distribution security scheme, which may include requiring a password to view data, and the program administrator encodes a bar code based upon inputted data and filter/security selections, and sends the bar code to the seeker, who forwards the bar code to one or more hiring entities, who use it and a password for online viewing of the seeker's personal data. The bar code is customizable to be hiring-entity-specific and to permit only selective viewing of the entire stored databank, and may also be subsequently disabled. The bar code facilitates seeker tracking of a time/date of data viewing.

Abstract: A multimedia recruitment system for providing job information and/or job seeker's information in a visual or video format is described. The multimedia recruitment system may deliver job and career opportunity information in a high quality visual or video representation. The multimedia recruitment system may also provide job seeker or job candidate's information in a visual or video representation. The visual or video representation may be provided through TV channels or networks, on-line communication networks, wireless networks, etc.

Abstract: Disclosed is a franchise-style business method that incorporates a system of identifying, evaluating, hiring and recruiting qualified candidates, managing employees in smaller franchise cells and providing franchise owners with an ownership experience model otherwise absent in most organizations. The system entails identifying candidates, and thereafter tracking the performance of each franchise cell within the larger organization. The performance of the individual franchises determines their compensation, placing emphasis on higher work quality, output and developed business. Highly skilled and entrepreneurial candidates are given the opportunity to lead franchises within the larger organization, recruit and hire high performing employees and define their franchise business objectives. Greater employee satisfaction results in higher employee retention and improved employee performance, which improves efficiency and revenue for the overall organization.

Abstract: In one aspect the invention relates to a method of automating an application process. The method includes the steps of collecting student identification information using a graphic user interface; collecting student transcript and student application data; generating a first secure communication channel to transmit a portion of the student transcript and student application data to a first server in response to a valid request; formatting the transcript data such that it is suitable for use by a first database; generating a second secure communication channel to transmit the portion of the student transcript and student application data to the first database, the first database managed by a higher educational institution, and notifying the first server when the transcript data has been received by the database. In one embodiment, the valid request is verified using student identification information.

Abstract: A currency handling system includes a safe at a first location. The safe seals received currency in a tamper evident container before allowing access to the container. The container includes a container body defining a mouth providing access to an inner volume having variable height. The inner volume has a length and width sized to receive and hold currency in a stacked arrangement. The container also includes an information storage device disposed on the container body and a closure fastener disposed on at least one of the mouth and a side wall of the container body for holding the mouth in a permanently closed state, preventing non-destructive access to the inner volume of the container body. The currency handling system also includes a secure deposit system at a second location configured to receive the sealed container.

Abstract: This invention is a computer-aided system, method, and product for creating, monitoring, and aggregating electronic consumer reviews of a specific entity. Moreover, the consumer reviews are automatically aggregated and grouped by the location of the consumer creating the review and the salesperson of the specific entity being reviewed. Each group of the grouped and aggregated consumer reviews are displayed on a network location that can be monitored by the entity being reviewed. Furthermore, each individual consumer review is displayed on at least two different network locations. Providing this plurality of network locations produces greater search engine optimization for the business being reviewed, and contributes to a higher search engine ranking on a plurality of search engine results pages.

Abstract: Midrange values, which may be, for example, midpoint values, may be derived and provided for use in identifying spread opportunities. A first midrange value disposed between a bid price and a ask price is derived for the first financial instrument. A second midrange value disposed between a bid price and a ask price is derived for a second financial instrument. A computing system then derives from the first and second midrange values a midrange spread value representing a difference between the first and second midrange values. Information identifying the first financial instrument including the first midrange value, information identifying the second financial instrument including the second midrange value, and the midrange spread value are communicated for display.

Abstract: A method of reaching one or more target positions in a user-directed trading system includes the steps of: identifying target positions, wherein each target position includes a tradable instrument identifier and a target quantity; for at least one of the target positions, identifying a corresponding initial position including a current quantity associated with the tradable instrument identifier; and triggering the trading system to identify orders required to reach at least one target position from at least one initial position. A user-directed trading system includes: a user interface through which a user identifies target positions, wherein each target position includes a tradable instrument identifier and a target quantity; for at least one of the target positions, identifies a corresponding initial position including a current quantity associated with the tradable instrument identifier; and identifies orders required to reach at least one target position from at least one initial position.

Abstract: Systems and methods are described for analyzing, computing and displaying the depth of market (DOM) volume strength which may assist trader to forecast the movements of the financial instrument in a structured and systematic manner. According to various embodiments, the DOM volume of a financial instrument is measured. The DOM volume can include bid volume elements and/or ask volume elements corresponding to price levels for electronically traded financial vehicles such as stocks, futures, bonds, commodities, options and the like. According to one example embodiment, an average of cumulative ask volume and/or cumulative bid volume is measured over a chart bar interval and the computed values are displayed on/below/above the chart for each bar. Higher value may imply strong support and/or resistance.

Abstract: Methods, systems, and apparatus, including computer programs encoded on computer storage media, for preferred portfolio templates. One of the methods includes identifying a base data structure, the base data structure having nodes, each node of the base data structure having attributes. The method includes generating a dependent data structure based on the base data structure, each node in the base data structure having a corresponding a node in the dependent data structure. The method also includes determining whether to automatically change an attribute of a node in the dependent data structure in response to a change in an attribute of the corresponding node of the base data structure.

Abstract: An investment vehicle tracks the positive returns of actively managed investments without realizing investment return from the actively managed assets directly. This tracking is provided through the purchase of a series of call options linked to the positive performance of the actively managed portfolio as well as supplemental investments, for example, in fixed income instrument to provide a desired volatility to the portfolio of options and supplemental investments.

Abstract: A system and computer-implemented method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method implement steps and procedures for analyzing the portfolio including the plurality of financial instruments where analyzing further includes determining a first time-series of returns for the plurality of financial instruments, determining a second time-series of returns for the plurality of financial instruments where the second time-series occurs after the first time-series, and calculating the correlation between the first time-series of returns and the second time-series of returns.

Abstract: Methods, systems and apparatuses are described for calculating a performance bond amount for a portfolio including interest rate swaps. A risk calculation module (or risk processor) may assist in the calculation. In some examples, values, such as swap (DV01) dollar values and volatility values, and adjustments/factors, such as calendar charge adjustments and liquidity charge minimums, may be used to enhance the margin calculation. These values may be maintained and updated in various ways, including but not limited to, lookup tables, matrices, and other structures. The margin calculations may be used by an exchange or clearinghouse to request a portfolio holder to deposit additional funds towards a performance bond associated with the portfolio.

Abstract: The invention provides computer-implemented techniques and systems for parsimoniously modelling the price or value, expected rate of return or other relevant characteristics of securities issued by, or referenced to, firms (or other assets) by incorporating risk premia such that a range of different securities can be evaluated within a single, unified and coherent framework, thereby leading to significant reduction in the computing resources otherwise required.

Abstract: The present invention relates to a method of identifying patterns in stock market data, the method comprising the steps of converting the stock market data for a given time period into a character representation of the stock market data; generating a string of character representations of the stock market data for a plurality of given time periods; and searching the string of character representations for a given sequence of character representations, the sequence representing a known pattern. The method provides for efficient identification of patterns in stock market date, in particular micro-patterns.

Abstract: There is disclosed a child wealth-building computer-implemented financial planning tool on computer readable medium. In an embodiment, the tool includes computer executable instructions for receiving an age of a child in a current tax year in to a computer system. The tool includes computer executable instructions for identifying services performed by the child into the computer system. The tool includes computer executable instructions for entering a source of wages and an amount of wages. The tool includes computer executable instructions for determining tax deductibility of the wages. The tool includes computer executable instructions for calculating tax savings to the parent and to the child. The tool includes computer executable instructions for reporting tax savings. Other embodiments are also disclosed.

Abstract: An analysis system and method are provided in which out-of-bound accounts can be easily identified and rebalanced.