AUTOMATED TRANSACTION PROCESSING SYSTEM AND APPROACH
First Claim
1. A transaction-processing system for facilitating transactions involving merchant offerings among parties, the system comprising:
- a transaction databank having a plurality of anchor locations, each anchor location for storing a plurality of transaction-profile attributes that correspond to a transaction, wherein aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction; and
a computer arrangement, including a processor, configured and programmed for;
for a common transaction, identifying at least of the parties in the transaction and also attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction,using the identified attributes to construct a plurality of transaction-profile attributes in a particular one of the anchor locations, andin response to another transaction-based document for the common transaction carrying the identified attributes, using the constructed transaction-profile attributes in the particular anchor location to authenticate and the common transaction and to advance progress toward completion of the transaction.
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Accused Products
Abstract
Transaction management is facilitated using an approach involving the use of transaction characteristics to authenticate transaction information. According to an example embodiment, a computer processing system is programmed to process a shipment transaction involving a shipper and a carrier. The system is particularly suited to efficiently automate the payment of a shipment transaction and to efficiently provide access to relevant shipment information. The system includes a shipper processor that receives transaction document information such as purchase order information and assists in generating a bill of lading for the transaction. A shipper access terminal interfaces between the shipper processor and a central processor arrangement to control the quantity, quality, and timeliness of information transferred to the central processor arrangement. The central processor arrangement stores selective transaction information such as shipment information and generates reports regarding the transactions, with each transaction having particular information associated with it (e.g., shipper ID, carrier ID and other information). A carrier processor provides proof of delivery to the central processor arrangement. The central processor communicates with one or more financial institutions so that the carrier is paid and shipper billed for the relevant transaction.
65 Citations
14 Claims
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1. A transaction-processing system for facilitating transactions involving merchant offerings among parties, the system comprising:
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a transaction databank having a plurality of anchor locations, each anchor location for storing a plurality of transaction-profile attributes that correspond to a transaction, wherein aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction; and a computer arrangement, including a processor, configured and programmed for; for a common transaction, identifying at least of the parties in the transaction and also attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, using the identified attributes to construct a plurality of transaction-profile attributes in a particular one of the anchor locations, and in response to another transaction-based document for the common transaction carrying the identified attributes, using the constructed transaction-profile attributes in the particular anchor location to authenticate and the common transaction and to advance progress toward completion of the transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A transaction system for processing transaction information related to a transaction between one of multiple parties to the transaction and another one of the parties to the transaction, the system comprising:
a programmed central processing terminal, remotely situated relative to the different parties, for permitting, for each common transaction, the parties to review progress toward completion of the transaction; storing and providing data for at least one contract under which the parties to the transaction have agreed is a basis for the transaction, comparing elements of the transaction information, including the identity of at least two parties, with user profile information associated with the parties, automatically generating a set of common transaction information that identifies the transaction as a function of the comparison, the common transaction information including different user profile information from the one and the other one of the parties, and authenticating the transaction using the generated transaction identification information and using a set of data that includes the identities of the two parties. - View Dependent Claims (12)
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13. A method for facilitating transactions involving merchant offerings among parties including shippers and carriers, aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction, the method comprising:
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identifying attributes for a common transaction, the identified attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, using the identified attributes to construct a plurality of transaction-profile attributes in a particular one of a plurality of anchor storage locations, and in response to another transaction-based document for the common transaction carrying the identified attributes, using the constructed transaction-profile attributes in the particular anchor location to advance progress toward completion of the transaction, while permitting the parties for the common transaction to review said progress. - View Dependent Claims (14)
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Specification