Retroactive crediting of accounts with remote activity
First Claim
1. A method for retroactively conducting a financial transaction linked to an account at an electronic device temporarily disconnected from a host computer system, the method comprising:
- receiving, by the electronic device, instructions to complete the financial transaction;
determining, by the electronic device, a network connection to the host computer system is unavailable;
storing, by the electronic device, the instructions to complete the financial transaction at least until the network connection to the host computer system is available;
after a period of time, polling, by the electronic device, the network connection to determine that the host computer system is available;
transmitting, from the electronic device to the host computer system, the instructions to complete the financial transaction and a timestamp indicating when the set of financial data was received at the electronic device;
receiving, at the host computer system, the instructions to complete the financial transaction and the timestamp;
determining, at the host computer system, the financial transaction is eligible to be retroactively applied to the account;
retroactively applying, at the host computer system, the financial transaction to the account with the financial transaction at a time linked to the timestamp; and
adjusting, at the host computer system, a credit or debit of the account based on the account being retroactively adjusted by the financial transaction.
1 Assignment
0 Petitions
Accused Products
Abstract
Methods, devices, and apparatuses are described for retroactively applying financial activity recorded at an electronic device temporarily disconnected from a network to an account. This may include a customer providing financial transaction information, wherein the financial transaction information comprises funds to be credited to or debited from the account. After a period of time, it may be determined that a previously unavailable network connection to the host computer system is available. The financial transaction information and a timestamp indicating when the financial transaction information was received at the electronic device may then be transmitted. The financial transaction may then be applied to the account retroactively at a time linked to the timestamp.
10 Citations
20 Claims
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1. A method for retroactively conducting a financial transaction linked to an account at an electronic device temporarily disconnected from a host computer system, the method comprising:
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receiving, by the electronic device, instructions to complete the financial transaction; determining, by the electronic device, a network connection to the host computer system is unavailable; storing, by the electronic device, the instructions to complete the financial transaction at least until the network connection to the host computer system is available; after a period of time, polling, by the electronic device, the network connection to determine that the host computer system is available; transmitting, from the electronic device to the host computer system, the instructions to complete the financial transaction and a timestamp indicating when the set of financial data was received at the electronic device; receiving, at the host computer system, the instructions to complete the financial transaction and the timestamp; determining, at the host computer system, the financial transaction is eligible to be retroactively applied to the account; retroactively applying, at the host computer system, the financial transaction to the account with the financial transaction at a time linked to the timestamp; and adjusting, at the host computer system, a credit or debit of the account based on the account being retroactively adjusted by the financial transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A non-transitory computer-readable medium of a host computer system comprising instructions, which, when executed by a processor, cause the processor to apply a financial transaction retroactively to an account, the instructions comprising instructions for:
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receiving, from a remote electronic device, a set of financial transaction data, wherein the set of financial transaction data was recorded at the electronic device when the electronic device was unable to communicate with the host computer system; wherein the financial data comprises an account identifier identifying an account, an amount of funds, and a timestamp indicating when the set of financial transaction data was received at the electronic device, determining, using the set of financial transaction data, that the financial transaction is eligible to be retroactively applied to the account; retroactively applying the financial transaction to the account; and adjusting a balance of the account at least partially based on the retroactively applied financial transaction. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A system for retroactively applying a financial transaction to an account, the system comprising:
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a remote electronic device, wherein the remote electronic device is configured to; receive financial transaction information from a customer, wherein the financial transaction information includes an account number and an amount of funds; determine a host computer system is unavailable; store the set of financial data at least until the host computer system is available; periodically poll the network, until the host computer system is available via the network; transmit to the host computer system the financial transaction information and a timestamp indicating when the financial transaction information was received by the electronic device from the customer; and a banking host computer system, wherein the banking host computer system is configured to; receive the financial transaction information and the timestamp; determine the financial transaction is eligible to be retroactively applied to the account; retroactively apply the financial transaction to the account at a time linked to the timestamp; and adjust a balance of the account based on the retroactive financial transaction. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification