System and method for resolving transactions employing goal seeking attributes
First Claim
1. A system for settling a financial transaction, comprising:
- a server configured to receive communications from a user, the server comprising;
a rules based engine including rules established on behalf of a party to the transaction, the rules based engine configured to process data and establish a transaction settlement offer set based on the rules established on behalf of the party to the transaction and selected available financial information;
wherein the transaction settlement offer set comprises multiple simultaneously presentable and individually selectable offers, each offer configured to provide an appearance of settling the transaction;
and further wherein the server is configured to receive information from the user, and selectively employ the information received from the user and certain selected available information to determine a further transaction settlement offer set comprising a further plurality of simultaneously presentable and individually selectable offers configured to encourage the user to agree to settle the transaction on terms more favorable to the party to the transaction.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method for the online settling of a transaction is provided. The system includes a server having a rules based engine including rules established on behalf of a party to the transaction, such as a creditor. The rules based engine is configured to process data and present a transaction settlement offer set comprising a plurality of selectable offers to the user based on at least one decision made by the rules based engine. The server is further configured to seek additional benefits for the party to the transaction, such as offering enhanced payment options beyond those deemed agreeable to the user. Enhanced payment options may be determined by various factors, including but not limited to information obtained with respect to the user such as available funds, creditworthiness, delinquency rates, and so forth. Depending on the amount agreed to by the user, the system seeks to enhance recovery above that amount, either in funds paid immediately or over time.
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Citations
22 Claims
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1. A system for settling a financial transaction, comprising:
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a server configured to receive communications from a user, the server comprising; a rules based engine including rules established on behalf of a party to the transaction, the rules based engine configured to process data and establish a transaction settlement offer set based on the rules established on behalf of the party to the transaction and selected available financial information; wherein the transaction settlement offer set comprises multiple simultaneously presentable and individually selectable offers, each offer configured to provide an appearance of settling the transaction; and further wherein the server is configured to receive information from the user, and selectively employ the information received from the user and certain selected available information to determine a further transaction settlement offer set comprising a further plurality of simultaneously presentable and individually selectable offers configured to encourage the user to agree to settle the transaction on terms more favorable to the party to the transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A system configured to settle a financial transaction between a debtor party and a party to the financial transaction, comprising:
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a server comprising; a rules engine configured to process available data regarding the financial transaction using rules established on behalf of the party to the financial transaction and establish a plurality of transaction settlement offer sets produced based on the rules established on behalf of the party to the transaction; wherein each transaction settlement offer set comprises multiple simultaneously presentable and individually selectable offers, each offer resembling an offer to settle the transaction, and the server is further configured to provide at least one option enabling the debtor party to provide at least one debtor party settlement term in response to each transaction settlement offer settlement set; and further wherein the server is configured to receive information from the debtor party, and selectively employ the information received from the debtor party and certain selected available information to form each transaction settlement offer set in a manner determined to encourage an average debtor party to settle the transaction on terms more favorable to the party to the transaction. - View Dependent Claims (10, 11, 12, 13, 14, 15)
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16. A method of settling a financial transaction between a debtor entity and a creditor entity, comprising:
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employing, at a server, a set of criteria provided by the creditor entity to establish a set of transaction settlement conditions; establishing, at the server, a transaction settlement offer set based on the set of transaction settlement conditions, the transaction settlement offer set comprising multiple simultaneously presentable and individually selectable offers, each offer configured to appear to settle the transaction; and providing, from the server, an option enabling the debtor party to provide at least one debtor party settlement term in response to the transaction settlement offer set; and receiving, at the server, information from the debtor party, and selectively employing information received from the debtor party and certain selected available information to form each transaction settlement offer set in a manner determined to encourage an average debtor party to settle the transaction on terms more favorable to the creditor entity. - View Dependent Claims (17, 18, 19, 20, 21, 22)
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Specification