System and method for enhanced access and control for connecting entities and effecting payments in a commercially oriented entity network
First Claim
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1. A computer-implemented method comprising:
- determining, by a computer system, a credibility rating for a first corporate entity, wherein the first corporate entity is part of a network of corporate entities;
associating, by the computer system, the credibility rating with a profile of the first corporate entity, wherein the profile is accessible to a second corporate entity within the network of corporate entities;
receiving, by the computer system, a request to connect with the first corporate entity from the second corporate entity in the network of corporate entities;
in response to the connection request from the second corporate entity, establishing, by the computer system, a connection within the network of corporate entities between the first corporate entity and the second corporate entity; and
effecting, by the computer system and subsequent to establishing the connection between the first corporate entity and the second corporate entity, a closed-loop payment transaction between the first corporate entity and the second corporate entity in response to receiving a request for a payment via the established connection within the network of corporate entities, wherein the network of corporate entities monitors the closed-loop payment transaction and automatically rejects the closed-loop payment transaction if transaction data does not match system data for both the first corporate entity and the second corporate entity.
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Abstract
Among other things, embodiments of the present disclosure enables corporate entities to connect with each other and enables social networking interactions, credibility rating, identity verification, and/or business transactions between the corporate entities.
250 Citations
20 Claims
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1. A computer-implemented method comprising:
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determining, by a computer system, a credibility rating for a first corporate entity, wherein the first corporate entity is part of a network of corporate entities; associating, by the computer system, the credibility rating with a profile of the first corporate entity, wherein the profile is accessible to a second corporate entity within the network of corporate entities; receiving, by the computer system, a request to connect with the first corporate entity from the second corporate entity in the network of corporate entities; in response to the connection request from the second corporate entity, establishing, by the computer system, a connection within the network of corporate entities between the first corporate entity and the second corporate entity; and effecting, by the computer system and subsequent to establishing the connection between the first corporate entity and the second corporate entity, a closed-loop payment transaction between the first corporate entity and the second corporate entity in response to receiving a request for a payment via the established connection within the network of corporate entities, wherein the network of corporate entities monitors the closed-loop payment transaction and automatically rejects the closed-loop payment transaction if transaction data does not match system data for both the first corporate entity and the second corporate entity. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A tangible non-transitory, computer-readable medium storing instructions that, when executed by a computer system, cause the computer system to:
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determine a credibility rating for a first corporate entity, wherein the first corporate entity is part of a network of corporate entities; associate the credibility rating with a profile of the first corporate entity, wherein the profile is accessible to a second corporate entity within the network of corporate entities; receive a request to connect with the first corporate entity from the second corporate entity in the network of corporate entities; in response to the connection request from the second corporate entity, establish a connection within the network of corporate entities between the first corporate entity and the second corporate entity; and effect, subsequent to establishing the connection between the first corporate entity and the second corporate entity, a closed-loop payment transaction between the first corporate entity and the second corporate entity in response to receiving a request for a payment via the established connection within the network of corporate entities, wherein the network of corporate entities monitors the closed-loop payment transaction and automatically rejects the closed-loop payment transaction if transaction data does not match system data for both the first corporate entity and the second corporate entity.
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19. A system comprising:
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at least one processor; and memory in communication with the at least one processor and storing instructions that, when executed by the processor, cause the system to; determine a credibility rating for a first corporate entity, wherein the first corporate entity is part of a network of corporate entities; associate the credibility rating with a profile of the first corporate entity, wherein the profile is accessible to a second corporate entity within the network of corporate entities; receive a request to connect with the first corporate entity from the second corporate entity in the network of corporate entities; in response to the connection request from the second corporate entity, establish a connection within the network of corporate entities between the first corporate entity and the second corporate entity; and effect, subsequent to establishing the connection between the first corporate entity and the second corporate entity, a closed-loop payment transaction between the first corporate entity and the second corporate entity in response to receiving a request for a payment via the established connection within the network of corporate entities wherein the network of corporate entities monitors the closed-loop payment transaction and automatically rejects the closed-loop payment transaction if transaction data does not match system data for both the first corporate entity and the second corporate entity. - View Dependent Claims (20)
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Specification