330 results about "Online transaction processing" patented technology

A financial transaction processing system (10) enables processing transactions from various types of card activated terminal devices (12) which communicate using a variety of electronic message formats. The transaction processing system may operate to authorize transactions internally using information stored in a relational database (32) or may communicate with external authorization systems (18). The transaction processing system includes among its software components message gateway routers (MGRs) (24, 164) which operate using information stored in the relational database to convert messages from a variety of external message formats used by the external devices and authorization systems, to a common internal message format used within the system. The system further uses database information to internally route messages to message processing programs (MPPs) (108, 138) which process messages and generate messages to the external devices and authorization systems. The MGR also converts the outgoing messages from the internal message format to the external message formats which can be interpreted by the external devices and systems to which the messages are directed.

Methods and systems coordinate an Internet-based financial transaction between an Internet merchant and a customer. A first information packet is received with a payment network from the Internet merchant. The first information packet has a credential assigned to the customer and transaction information specifying at least a cost of the Internet-based financial transaction. With the payment network, account information is determined that identifies a financial account maintained by the customer at a financial institution and authorization information that allows debit access to the identified financial account. A second information packet that includes the transaction information, the account information, and the authorization information is generated with the payment network. The second information packet is transmitted with the payment network to the financial institution with a request to perform a debit transaction from the identified financial account for the specified cost of the Internet-based financial transaction.

A method of synchronizing transactions between blockchains comprising receiving first and second pluralities of transactions on a first private blockchain network and recording them to first and second private blocks on the first private blockchain network, respectively, generating a first merged block comprising the first private block and the second private block and recording the first merged block to a single block on a second blockchain network, recording each of the first and second private blocks and the first merged block to a first private smart contract linked to the first private blockchain network, performing a synchronization process between the first private smart contract and a second smart contract linked to the second blockchain network, defining a second smart contract, and performing a checkpointing process between the first private smart contract and the second smart contract. The first private blockchain network has a parameter difference from the second blockchain network.

A retail transaction system provides enhanced customer convenience and increased transaction security by sending transaction information to a cellular network provider via a customer's digital cellular phone. For example, a fuel dispenser is equipped with a communications link allowing direct communications to a customer's cellular phone. When a customer desires to conduct a transaction using the fuel dispenser, the fuel dispenser transmits select information to the customer's cellular telephone using this communications link. A telephone number is included in the select information. When the customer presses send, or otherwise causes their telephone to dial the number transferred from the fuel dispenser, the select information along with any additional customer information is sent to the cellular network. This information is used by the network to authorize a purchase transaction for the customer, such authorization information returned to the fueling station at which the fuel dispenser is located via a cellular link. For enhanced security, the customer may be required to input their PIN in order to complete the transaction. Notably, the PIN and the remainder of the transaction information sent from the customer phone to the cellular network is intrinsically secure due to the digital encryption employed by the digital cellular protocol. Optionally, the system may be configured to cause the customer's cellular phone to automatically dial the number transferred by the fuel dispenser. This capability may be enabled at the customer's option. The system may be extended to other retail systems including in-store point-of-sale systems (POS).

A financial transaction processing system (10) enables processing transactions from various types of card activated terminal devices (12) which communicate using a variety of electronic message formats. The transaction processing system includes among its software components message gateway routers (MGRs) (24, 164) which operate using information stored in the relational database to convert messages from a variety of external message formats used by the external devices and authorization systems, to a common internal message format used within the system. The system further uses database information to internally route messages to message processing programs (MPPs) (108, 138) which process messages and generate messages to the external devices and authorization systems. The MGR also converts the outgoing messages from the internal message format to the external message formats which can be interpreted by the external devices and systems to which the messages are directed.

A system and method provide efficient, secure, and highly reliable authentication for transaction processing and / or access control applications. A Personal Digital Key is a portable device carried by an individual that stores one or more profiles (e.g., a biometric profile) in a tamper-proof memory. When multiple PDKs are present at the point of the transaction, the system automatically determines which PDK to associate with the authentication and transaction processes. The differentiation decision is based on one or more differentiation metrics including distance information, location information, and detection duration information associated with each of the PDKs within range. Profile samples comprising subsets of the profile information are received to provide a quick correlation between a PDK an input sample (e.g., a subset of a biometric input). After determining which PDK should be associated with the transaction, a full authentication process is executed.

Facilitating commercial transactions using a payment system directory are disclosed. A payment directory and / or wireless point of sale (POS) device may be configured to use predetermined rules, a multitude of data items and / or conditions to locate a payment system, and transmit a payment authorization request from a remote location to at least one payment system, either directly, or via a payment system directory and / or a SSL Gateway. A smartcard may function as a payment directory and / or a payment system.

A system for providing real-time risk mitigation for an authorization system. The system receives authorization requests from multiple merchants (or their respective acquirers) and processes such requests. Each processed request is then forwarded to its corresponding issuer for further authorization. Each processed request includes an authorization message. The authorization message can include a risk score, a number of reason codes, and a number of condition codes. The use of the risk score, reason codes and condition codes allows issuers to make better informed decisions with respect to providing authorizations.

An intelligent electronic subrogation network (“ESN”) automates intra-organization workflow, inter-organization workflow and collaboration for insurance subrogation. This ESN is facilitated by a novel system architecture and process that includes an inter-organizational workflow management system, an inter-organizational transaction processing system, and a unique mechanism for optimizing and enriching web-based user interaction within any such system.

A financial transaction processing system (10) enables processing transactions from various types of card activated terminal devices (12) which communicate using a variety of electronic message formats. The transaction processing system may operate to authorize transactions internally using information stored in a relational database (32) or may communicate with external authorization systems (18). The transaction processing system includes among its software components message gateway routers (MGRs) (24, 164) which operate using information stored in the relational database to convert messages from a variety of external message formats used by the external devices and authorization systems, to a common internal message format used within the system. The system further uses database information to internally route messages to message processing programs (MPPs) (108, 138) which process messages and generate messages to the external devices and authorization systems. The MGR also converts the outgoing messages from the internal message format to the external message formats which can be interpreted by the external devices and systems to which the messages are directed.

A method of operating a transaction processing system (19) for confirming orders placed over a public data network (1), comprising: receiving first order references from a number of different merchant sites (7) via first data communication paths; receiving payment data and second order references from a number of customers via second communication paths different from said first communication path; and matching said first and second order references and settling payments.

Facilitating commercial transactions using a payment system directory are disclosed. A payment directory and / or wireless point of sale (POS) device may be configured to use predetermined rules, a multitude of data items and / or conditions to locate a payment system, and transmit a payment authorization request from a remote location to at least one payment system, either directly, or via a payment system directory and / or a SSL Gateway.

Facilitating commercial transactions using a payment system directory are disclosed. A payment directory and / or wireless point of sale (POS) device may be configured to use predetermined rules, a multitude of data items and / or conditions to locate a payment system, and transmit a payment authorization request from a remote location to at least one payment system, either directly, or via a payment system directory and / or a SSL Gateway.

A method of executing a transaction task within a transaction processing system includes, responsive to an event, the steps of identifying a workflow associated with the event. A transaction task, that at least partially executes the workflow, is distributed to an available thread within a pool threads operating within a multiprocessor system, that may be a Symmetrical Multiprocessor (SMP) system.

A method, system and computer program capable of executing a transaction in a scalable manner by dividing and then executing the transaction in a distributed environment. In an embodiment of the invention, a system divides and then executes a transaction in a distributed environment. The system includes means which divides the transaction processing into an optimistic process which unlikely causes conflicts and a pessimistic process which likely causes conflicts; a first server; and a second server. The first server includes a first transaction execution unit for executing the optimistic process; and a transaction log transmission unit for transmitting a result of the execution of the optimistic process to the second server. The second server includes a transaction log receiving unit for receiving the transmission log; and a second transaction execution unit for executing the pessimistic process.

A transaction processing system providing improved methodology for invoking two-phase commit protocol (2PC) is described. More particularly, a transaction is handled without use of 2PC until the system determines that the transaction does, in fact, involve changes to more than one database. The methodology improves overall system performance by looking at each transaction to determine whether the transaction actually requires use of 2PC before incurring the overhead associated with use of the two-phase commit protocol. Because only a small percentage of real world transactions result in updates to more than one database, the methodology improves the overall performance of transaction processing systems considerably.

A system for providing real-time risk mitigation for an authorization system. The system receives authorization requests from multiple merchants (or their respective acquirers) and processes such requests. Each processed request is then forwarded to its corresponding issuer for further authorization. Each processed request includes an authorization message. The authorization message can include a risk score, a number of reason codes, and a number of condition codes. The use of the risk score, reason codes and condition codes allows issuers to make better informed decisions with respect to providing authorizations.