Diane C Scott

US Patent:

20120284175, Nov 8, 2012

Filed:

May 2, 2012

Appl. No.:

13/462073

Inventors:

Mark Wilson - New York NY, US
Rod Springhetti - New York NY, US
DIANE SCOTT - New York NY, US

Assignee:

Panther Payments, LLC - New York NY

International Classification:

G06Q 40/00

US Classification:

705 39

Abstract:

A Person-to-person payments method and system may include receiving a request from a computer network to transfer funds from a first account to a second account, almost instantly. An alias (mobile number or email) is received and is associated with the second account and checked against a database. If the alias exists, multiple options may apply for transferring funds. Next, a secure party identifier is generated and the transfer may be completed. A Payments Switch Module may also communicate with a Third Party Payment Service Provider a request from a Sending or Receiving Financial Institution or party, to send or receive funds from a specific account held by the Third Party Payment Service Provider. This may occur on an adhoc, automatic, or scheduled basis enabling management of ‘personal cash concentration.’ This feature with the Third Party Payment Service Provider be characterized as a “Bring it Home” feature of the system.

US Patent:

20210049577, Feb 18, 2021

Filed:

May 11, 2018

Appl. No.:

15/977974

Inventors:

- New York NY, US
Rod Springhetti - New York NY, US
Diane Scott - New York NY, US

International Classification:

G06Q 20/22
G06Q 20/32
G06Q 20/10

Abstract:

A Person-to-person payments method and system may include receiving a request from a computer network to transfer funds from a first account to a second account, almost instantly. An alias (mobile number or email) is received and is associated with the second account and checked against a database. If the alias exists, multiple options may apply for transferring funds. Next, a secure party identifier is generated and the transfer may be completed. A Payments Switch Module may also communicate with a Third Party Payment Service Provider a request from a Sending or Receiving Financial Institution or party, to send or receive funds from a specific account held by the Third Party Payment Service Provider. This may occur on an adhoc, automatic, or scheduled basis enabling management of ‘personal cash concentration.’ This feature with the Third Party Payment Service Provider be characterized as a “Bring it Home” feature of the system.