Integrated Electronic Disbursement And Cash Flow Management System And Method

  • Published: Mar 26, 2015
  • Earliest Priority: Feb 07 2013
  • Family: 3
  • Cited Works: 0
  • Cited by: 5
  • Cites: 19
  • Additional Info: Full text
Abstract

A system and method are provided for managing electronic disbursements transferred from a business client of a financial institution to customers of the business client. The system includes a disbursement instruction processor receiving a disbursement instruction over a network from a business client system, the disbursement instruction processor processing the instruction and performing multiple steps. The steps include using a customer identifier to determine available payment channels for the customer and selecting an electronic payment channel when available payment channels include an electronic payment channel. An electronic disbursement notification is forwarded to the customer. A confirmation may be provided upon acceptance of the disbursement through the disbursement notification


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Document History
  • Publication: Mar 26, 2015
  • Application: Dec 16, 2013
    US US 201314106999 A
  • Priority: Dec 16, 2013
    US US 201314106999 A
  • Priority: Feb 22, 2013
    US US 201313773855 A
  • Priority: Feb 7, 2013
    US US 201361762077 P

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