Method and system for a multi-purpose transactional platform

• US 9,818,100 B2
• Filed: 03/27/2013
• Issued: 11/14/2017
• Est. Priority Date: 07/15/2002
• Status: Active Grant

• Current Assignee: Citicorp Credit Services Incorporated (Citigroup Incorporated)
• Original Assignee: Citicorp Credit Services Incorporated (Citigroup Incorporated)
• Inventors: Moon, Susan, Aller, Hugh, Yellin, Eric, Knox, Kellie, Schumacher, Jeff
• Primary Examiner(s): Glass, Shay S
• Assistant Examiner(s): Glass, Russell S
• Application Number:
  US13/851,647
• Publication Number:
  US 20130218698A1
• Time in Patent Office: 1,693 Days
• Field of Search: 705 64
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/18 involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/357 Cards having a plurality of specified features
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

The present invention relates particularly to a method and system for consolidating a plurality of a consumer'"'"'s payment and non-payment source accounts into a consolidated platform with a customer identification or available proxy account numbers that can be assigned to source accounts. The source accounts can be, for example, credit card accounts, ATM accounts, debit card accounts, demand deposit accounts, stored-value accounts, merchant-loyalty card accounts, membership accounts, and identification card numbers. The consumer can access and modify any of the source accounts and manage funds across the source accounts by accessing the consolidated platform with a single access device or mode.

Claims

1. A system for providing access to a plurality of accounts for use in a transaction, the system comprising:

an access device comprising a non-transitory machine-readable storage medium configured to store a customer identifier and a plurality of proxy account numbers corresponding to a plurality of actual account numbers associated with the customer identifier, the plurality of actual account numbers stored on a host database of a first host system having a plurality of computing devices and associated with the customer identifier;

the host database of the first host system configured to store one or more database tables for one or more respective customers, wherein each respective database table corresponds to each respective customer according to the customer identifier of the respective customer, and wherein the database table identified by the customer identifier contains the plurality of actual account numbers corresponding to the plurality of proxy account numbers respectively; and

a communication network configured to communicate a proxy account number from the access device to the first host system; and

a processing server of the plurality devices of the first host system, the processing server configured to;

receive the proxy account number from the access device via the communication network;

identify in the host database, using the proxy account number associated with the customer identifier, the actual account number of the plurality of accounts corresponding to the customer identifier; and

transmit via one or more networks a settlement request to an external device of a second host system external to the first host system, upon determining that the actual account number identified in the host database, is associated with an account of the second host system.

2. The system of claim 1, wherein the non-transitory machine-readable storage medium comprises magnetic encoding material.

3. The system of claim 2, wherein the access device is a card, wherein the magnetic encoding material comprises a plurality of magnetic stripes, wherein each of the magnetic stripes stores the proxy account number corresponding to one of the plurality of actual account numbers.

4. The system of claim 2, wherein the access device is a card, wherein the magnetic encoding material comprises a magnetic area at a single location on the card, wherein the magnetic area stores the proxy account number corresponding to one or more of the plurality of actual account numbers.

5. The system of claim 1, wherein the access device is selected from the group consisting of a computer terminal, a landline phone, a cellular phone, a personal digital assistant, a magnetic-stripe card, a smart card, a television, a touch screen, an interactive voice terminal, an interactive touchtone terminal, a video screen, and biometric identification means.

6. The system of claim 1, wherein the proxy account number and the plurality of actual account numbers are administered by the first host system.

7. The system of claim 1, wherein at least one of the plurality of actual account numbers is administered by the second host system.

8. The system of claim 1, wherein the proxy account number corresponding to one of the plurality of actual account numbers can be chosen for retrieval at a point-of-access terminal.

9. The system of claim 1, wherein the plurality of actual account numbers corresponds to a consumer payment account.

10. The system of claim 1, wherein the plurality of actual account numbers corresponds to a consumer non-payment account.

11. The system of claim 1, wherein the plurality of actual account numbers corresponds to a consumer payment account and a consumer non-payment account.

12. A computer-implemented method comprising:

receiving, by a computer of a first host system, from one or more computing devices a plurality of actual account numbers;

storing, by the computer, into a database of the first host system, an identification (ID) number associated with the plurality of actual account numbers, and a plurality of proxy account numbers corresponding to the plurality of actual account numbers, wherein the database of the first host system configured to store one or more database tables for one or more respective customers, wherein each respective database table corresponds to each respective customer according to the customer identifier of the respective customer, and wherein the database table identified by the customer identifier contains the plurality of actual account numbers corresponding to the plurality of proxy account numbers respectively;

receiving, by the computer, the ID number and a proxy account number from an access device;

identifying, by the computer, in the database of the first host system, an actual account number corresponding to the proxy account number received from the access device, based upon the ID number received from the access device; and

transmitting, by the computer, via one or more networks a settlement request to an external device of a second host system external to the first host system, upon determining that the actual account number identified in the database of the first host system, is associated with an account of the second host system.

13. The method of claim 12, wherein the plurality of actual account numbers are administered by different host systems.

14. The method of claim 13, wherein the different host systems belong to different financial institutions.

15. The method of claim 12, wherein the access device comprises magnetic encoding material.

16. The method of claim 12, wherein the access device is selected from the group consisting of a computer terminal, a landline phone, a cellular phone, a personal digital assistant, a magnetic-stripe card, a smart card, a television, a touch screen, an interactive voice terminal, an interactive touchtone terminal, a video screen, and biometric identification means.

17. The method of claim 12, wherein at least one of the plurality of actual account numbers is administered by the first host system.

18. The method of claim 12, wherein the settlement request corresponds to a purchase of a product or service with a fund associated with the actual account number.

19. The method of claim 12, wherein the settlement request corresponds to a modification of information associated with the actual account number.

20. The method of claim 12, wherein the settlement request corresponds to a fund transfer to or from a fund associated with the actual account number.

21. The method of claim 12, wherein the transmitting is performed on a periodic basis.