US 2022/0027870 A1Published application

Trustee system for generating standarized remittance advice

OwnerJohn Craneinventor

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Abstract

Provided are systems and methods for coordinating batch payment and remittance advice transfer from a trustee to a plurality of creditors in response to a single click. In one example, the method may include receiving disbursement information via a user interface, the disbursement information being associated with a transfer initiated by a trustee, identifying a plurality of attributes from within the received disbursement information including an amount and remittance advice for the transfer, converting the plurality of identified attributes of the transfer into a NACHA file which includes a pre-defined field including the amount, a predefined field including the trustee, and an optional field including a description of the remittance advice, and transmitting the NACHA file to a computing system for processing via an ACH network.

Claims20

Dependent claims

A computing system comprising:

a processor configured to
query a web server for a record of a bankruptcy claim of a creditor via an application programming interface (API) of the web server and receive a set of data values for the record of the bankruptcy claim that are returned from the web server in response to the query,
identify a standardized remittance advice for the bankruptcy claim from among a plurality of predetermined standardized remittance advices, based on a subset of values from the set of data values,
detect, via an input on a user interface, a request to send a payment for the bankruptcy claim to the creditor,
generate a first National Automated Clearing House Association (NACHA) file for the bankruptcy claim that includes payment information for the bankruptcy claim, and
generate a second NACHA file for the bankruptcy claim that includes the identified standardized remittance advice for the bankruptcy claim;
and
a network interface configured to transmit the first and second NACHA files for the bankruptcy claim to a financial institution of the creditor via an Automated Clearing House (ACH) network.

5 more elements

A non-transitory computer readable medium comprising program instructions which when executed cause a computer to perform a method comprising:

querying, via a processor, a web server for a record of a bankruptcy claim of a creditor via an application programming interface (API) of the web server and receiving a set of data values for the record of the bankruptcy claim that are returned from the web server in response to the querying;
identifying, via the processor, standardized remittance advice for the bankruptcy claim from among a plurality of predetermined standardized remittance advices, based on a subset of values from the set of data values;
detecting, via an input on a user interface, a request to send a payment for the bankruptcy claim to the creditor;
generating a first National Automated Clearing House Association (NACHA) file for the bankruptcy claim that includes payment information for the bankruptcy claim;
generating a second NACHA file for the bankruptcy claim that includes the identified standardized remittance advice for the bankruptcy claim;
and
transmitting the first and second NACHA files for the bankruptcy claim to a financial institution of the creditor via an Automated Clearing House (ACH) network.

4 more elements

Dependencies are inferred from the claim text.

Facts

Application: 17/499,246Filed 12 Oct 2021
Priority: 12 Sep 2018
Published: 27 Jan 2022
Term ends: Not estimatedThe source records don’t support an estimate.

Classification7 codes

G06Q 20/102
Specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems: bill distribution or payments
G06F 9/541
Interprogram communication: via adapters, e.g. between incompatible applications
G06F 16/953
Retrieval from the web: querying, e.g. by the use of web search engines
G06Q 20/023
Involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]: the neutral party being a clearing house

Family

Application62/730,252Us provisional application · filed 12 Sep 2018
Application16/247,776Continuation in part · filed 15 Jan 2019
Application17/499,246Continuation in part
US 2020/0082357 A1Published application
US 2022/0027870 A1This patent

From the US filing history. Foreign family members aren’t listed.