Systems and Methods for Transaction Routing
First Claim
1. A method for routing transactions, comprising:
- obtaining transaction data using an account servicing server system, where;
the transaction data comprises metadata identifying a consumer account; and
the account servicing server system comprises a processor and a memory connected to the processor;
identifying routing rule data based on the transaction data using the account servicing server system;
generating transaction request data based on the routing rule data and the transaction data using the account servicing server system, where the transaction request data comprises at least one routing number and one account number identifying a financial account; and
providing the transaction request data to at least one financial institution system using the account servicing server system, where the at least one financial institution system services the identified financial account.
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Abstract
Systems and methods for transaction routing in accordance with embodiments of the invention are disclosed. In one embodiment, a method for routing transactions includes obtaining transaction data using an account servicing server system, where the transaction data includes metadata identifying a consumer account and the account servicing server system includes a processor and a memory connected to the processor, identifying routing rule data based on the transaction data using the account servicing server system, generating transaction request data based on the routing rule data and the transaction data using the account servicing server system, where the transaction request data includes at least one routing number and one account number identifying a financial account, and providing the transaction request data to at least one financial institution system using the account servicing server system, where the at least one financial institution system services the identified financial account.
18 Citations
20 Claims
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1. A method for routing transactions, comprising:
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obtaining transaction data using an account servicing server system, where; the transaction data comprises metadata identifying a consumer account; and the account servicing server system comprises a processor and a memory connected to the processor; identifying routing rule data based on the transaction data using the account servicing server system; generating transaction request data based on the routing rule data and the transaction data using the account servicing server system, where the transaction request data comprises at least one routing number and one account number identifying a financial account; and providing the transaction request data to at least one financial institution system using the account servicing server system, where the at least one financial institution system services the identified financial account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. An account servicing server system, comprising:
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a processor; and a memory connected to the processor and storing an account servicing application; wherein the account servicing application directs the processor to; obtain transaction data, where the transaction data comprises metadata identifying a consumer account; identify routing rule data based on the transaction data; generate transaction request data based on the routing rule data and the transaction data, where the transaction request data comprises at least one routing number and one account number identifying a financial account; and provide the transaction request data to at least one financial institution system, where the at least one financial institution system services the identified financial account. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification