FINANCIAL ACCOUNT MANAGEMENT BASED ON SPECIFIED CRITERIA

Exemplary embodiments are directed to account management including reporting financial transactions to an account holder in a transaction reporting statement and automatic payment of open account balances. Consolidating reporting criteria and/or balance management criteria can be specified to custom...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: CARRINGTON JAMES, RETHORN MIKE, REANY BOB, NAMBIAR ANANT
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:Exemplary embodiments are directed to account management including reporting financial transactions to an account holder in a transaction reporting statement and automatic payment of open account balances. Consolidating reporting criteria and/or balance management criteria can be specified to customize reporting and/or payment of purchase transactions. The consolidated reporting criteria can be applied to transactions to identify amalgamable transactions, which can be consolidated into a consolidated transaction. The balance management criteria can include scheduling criteria and payment criteria and can be applied to open account balances to facilitate payment of open account balances.