Jeffrey J Grivno

US Patent:

20130204775, Aug 8, 2013

Filed:

Feb 3, 2012

Appl. No.:

13/365514

Inventors:

Sharon P. Midkiff - Chicago IL, US
Jason K. Wong - , US
Jeffrey Grivno - Fayetteville GA, US
Gregory Stanford - Jacksonville FL, US
Rupert A.V. Russell - Patrington Hull, GB

Assignee:

Bank of America - Charlotte NC

International Classification:

G06Q 20/38

US Classification:

705 39

Abstract:

A method and apparatus that validates source files for processing by a payment clearing system. Source files may include one or more electronic payment instructions may be provided by a customer. The source file may be pre-processed to remove extraneous data. Next, records in the source file may be validated. The validated may be mapped into payments fields. The normalized payment fields may be normalized into an abstract form or a format agnostic form. The normalized form of the source file information may be validated for processing by a payment clearing system. If the source file information is valid, the valid information may be used request a transfer by the payment clearing system. Finally, one or more reports describing validation results, indicting a correct source file or acknowledgment of a successful transfer may be sent to the customer. Various levels of detail may be included in the report(s).