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US 2010/0138325 A1Published application
Methods and arrangements involving adaptive auditing and rating for disparate data processing
OwnerDean W. Hahn-Carlsoninventor
Life of this patent
Estimating the term…
Abstract
Electronic transactions are audited using a processing system to interact with each of a multitude of entity-specific processor circuits to process transaction data sets. In connection with an example embodiment, a processor circuit communicates with entity-specific processor circuits to receive electronic transaction data sets therefrom, each set of transaction data pertaining to an electronic account. The processor circuit executes processing functions to audit the transaction data set and generate evaluation information for use by the entity-specific processor, respectively using auditing rules defined for the entity-specific processor and evaluation criteria available to the processor circuit.
Claims23
A system for auditing and evaluating transaction data sets, the system comprising:
- a plurality of entity-specific processor circuits respectively operated on behalf of one of a plurality of disparate sponsoring entities, each processor circuit configured to
- store data identifying each of a plurality of electronic accounts,
- for received transaction data, generate a transaction data set indicative of the received transaction data and associated with the data identifying one of the electronic accounts, and
- for each of the electronically-identified accounts, generate and assign value data to the account in response to received audit and evaluation result data for transaction data sets associated with the account;
- and
- a service processor circuit configured to, for each transaction data set received from an entity-specific processor,
- associate the transaction data set with the entity-specific processor
- based upon the association, retrieve auditing rules defined for the entity-specific processor,
- access and execute an auditing algorithm as a function of the retrieved auditing rules, using data in the transaction data set as an input to the algorithm, therein generating audit data for the transaction data set,
- retrieve evaluation criteria based upon data in the transaction data set specifying at least one of an identity associated with the entity-specific processor circuit and data indicative of an electronic account to which the transaction data set applies,
- use the retrieved evaluation criteria with data in the transaction data set to derive evaluation result data for the transaction data set, and
- provide the generated audit data and derived evaluation result data for access by the entity-specific processor circuit that generated the transaction data set.
9 more elements
A computer-based system for auditing and processing transaction data for business-to-business transactions, the system comprising:
- a plurality of bank-specific processor circuits respectively operated on behalf of one of a plurality of disparate sponsoring banks, each processor circuit configured, for each of a multitude of bank clients including at least one of a buyer and seller involved in each transaction sponsored by the bank for which the processor circuit is operated, to
- store data for an electronic payment account for the client,
- post at least one of a debit and a credit to the payment account, and
- receive transaction data for transactions involving the client;
- and
- a global processor circuit configured to electronically communicate with the bank-specific processor circuits to receive transaction data sets provided by the bank-specific processor circuits, and configured to, for each bank-specific processor circuit and a sponsoring bank associated therewith, audit transaction data sets provided by the bank-specific processor circuit, therein generating audit data for each transaction data set, and for each audited transaction data set and a corresponding transaction, to
- derive credit data representing a credit-based characteristic related to the audited transaction data set using data assigned to at least one of the buyer, seller and the sponsoring bank, and
- generate an electronic payment instruction for the seller and collect electronic settlement made on behalf of the buyer, based upon the audit data and credit data.
5 more elements
A method for auditing and processing transaction data for business-to-business transactions, the method comprising:
- in each of a plurality of bank-specific processor circuits respectively operated on behalf of one of a plurality of disparate sponsoring banks, for each of a multitude of bank clients including at least one of a buyer and seller involved in each transaction sponsored by the bank for which the processor circuit is operated,
- storing data for an electronic payment account for the client,
- posting at least one of a debit and a credit to the payment account, and
- receiving transaction data for transactions involving the client;
- and
- in a global processor circuit,
- electronically communicating with each of the bank-specific processor circuits to receive transaction data sets provided by the bank-specific processor circuits, and
- for each bank-specific processor circuit and a sponsoring bank associated therewith, auditing transaction data sets received from the bank-specific processor circuit and therein generating audit data, and for each audited transaction data set and a corresponding transaction,
- deriving credit data representing a credit-based characteristic related to the audited transaction data set using data assigned to at least one of the buyer, seller and the sponsoring bank, and
- generating an electronic payment instruction for the seller and collecting electronic settlement made on behalf of the buyer, based upon the audit data and credit data.
7 more elements
Dependencies are inferred from the claim text.