Patrick N Walker

US Patent:

8078517, Dec 13, 2011

Filed:

Oct 21, 2008

Appl. No.:

12/255116

Inventors:

Joe Ray Martin - San Antonio TX, US
Michael Wayne Lester - San Antonio TX, US
Patrick William Walker Evans - San Antonio TX, US
Patrick Robert Ernst - Helotes TX, US
Ronald David Young - San Antonio TX, US
Marie Elizabeth Hollinger - Helotes TX, US
Omar Alejandro Pina - San Antonio TX, US

Assignee:

United Services Automobile Association - San Antonio TX

International Classification:

G06Q 40/00

US Classification:

705 35, 705 39, 705 44, 705 45

Abstract:

Financial transactions may be monitored for reporting requirements and regulatory compliance. A system provides for receipt of remittances, recognition of payment documents, storage of transaction information, and compliance verification by matching one or more cash equivalent transactions (CETs) made by an individual to determine if the aggregate of the transactions should be reported to meet compliance regulations. Images of the documents may be reviewed by an analyst to determine an account number and/or routing number associated with imaged document. If the information associated with the document reviewed has not been previously reviewed, it may be placed on a list of documents associated with CET transactions such that the document may be determined to be a CET in subsequent encounters with the document without human intervention.

US Patent:

8078533, Dec 13, 2011

Filed:

Oct 21, 2008

Appl. No.:

12/255124

Inventors:

Joe Ray Martin - San Antonio TX, US
Michael Wayne Lester - San Antonio TX, US
Patrick William Walker Evans - San Antonio TX, US
Patrick Robert Ernst - Helotes TX, US
Ronald David Young - San Antonio TX, US
Marie Elizabeth Hollinger - Helotes TX, US
Omar Alejandro Pina - San Antonio TX, US

Assignee:

United Services Automobile Association - San Antonio TX

International Classification:

G06Q 40/00

US Classification:

705 39, 705 40, 705 45

Abstract:

Financial transactions may be monitored for reporting requirements and regulatory compliance. A system provides for receipt of remittances, recognition of payment documents, storage of transaction information, and compliance verification by matching one or more cash equivalent transactions (CETs) made by an individual to determine if the aggregate of the transactions should be reported to meet compliance regulations. Images of the documents may be reviewed by an analyst to determine an account number and/or routing number associated with imaged document. If the information associated with the document reviewed has not been previously reviewed, it may be placed on a list of documents associated with CET transactions such that the document may be determined to be a CET in subsequent encounters with the document without human intervention.