Business to business credit facility provisioning and processing system and method with automatic lightweight module as a payment option at checkout
OwnerJohn Tomichinventor
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OwnerJohn Tomichinventor
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A system and method are described herein for providing an internet connected computer system for improved business to business lending experience, including an enhanced customer experience; privacy and security; product flexibility; and while minimizing merchant risk. Through the use of a simplified underwriting architecture, and a minimalistic or light weight user interface, the system improves the quality of the lending experience while reducing merchant risk and allowing product flexibility. The system further describes a secure environment, providing additional advantages over traditional methods of business-to-business underwriting by capturing and verifying user identity and likelihood that a user will pay the charges incurred. Biometric indicia such as facial or retina recognition, passwords, voiceprints or fingerprints may be employed alongside geolocation services to insure consumer identification. In addition, credit agency records or other enterprise resource planning may be accordingly gathered and factored into lending decisions efficiently.
A system for processing business to business lending opportunities, capable of communicating with at least one third party applicant device and at least one third party lender device over the internet, the system comprising:
Dependencies are inferred from the claim text.