US Patent:
20100250406, Sep 30, 2010
Inventors:
Greg Clark - Maryville IL, US
David Divers - Beaverdam VA, US
Mike Fabian - Uxbridge MA, US
Rick Forbis - Howe TX, US
Robin W. Glowski - Murphy TX, US
Terry Lewis - Alexis NC, US
Keith Loving - Chesterfield NC, US
Dave Mauney - Charlotte NC, US
Jennifer Ona - Andover MA, US
Dawn Patton - Matthews NC, US
Cheryl Robinson - Doraville GA, US
Patricia A. Stewart - Chino Valley AZ, US
Assignee:
Bank of America Corporation - Charlottle NC
International Classification:
G06Q 10/00
G06Q 40/00
G06Q 20/00
Abstract:
Techniques for supporting an automated clearing house system (ACH) for facilitating resolution of ACH transactions. When a transaction item is blocked for an account, the associated transaction is paused so that the transaction item can be presented to the client. When the indication from the client is indicative of accepting the transaction item, the transaction is allowed to process. When the indication is indicative of returning the transaction item, the transaction is stopped and the transaction item is returned. On-line authorization maintenance information may be received from the client so that transaction items can be processed based on the on-line authorization maintenance information, which may be used edit a current authorization entry or to create a new authorization entry for a trading partner. A decision to approve a blocked transaction item may be decided by an employee of a client. However, approval may further require approval by a second employee.
