Method and system for providing seller bank receivable discounting aggregation services

A system configured for use by a plurality of buyers, a plurality of sellers, a plurality of buyer banks handling payable processing for the plurality of buyers, and a plurality of seller banks handling receivable processing for the plurality of sellers, the system comprising:

• means that monitor a plurality of transactions conducted between the plurality of buyers and the plurality of sellers,
• means that allow one or more seller banks to offer seller bank receivable discounting aggregation (SBRDA) to one or more of the plurality of sellers respectively using information collected from monitoring the plurality of transactions,
• means that build one or more tranches based respectively on sets of criteria specified by the one or more seller banks, wherein each tranche is associated with a seller bank and includes aggregated receivables corresponding to one or more of the plurality of transactions, the aggregated receivables being handled by the associated seller bank, wherein the aggregated receivables comprise secured and unsecured receivables, wherein the secured receivables are guaranteed by one or more buyer banks,
• means that present the one or more tranches respectively to the one or more of the plurality of sellers as lines of credit;
• means that monitor activities incurred with respect to the one or more tranches;
• and
• means that modify the one or more tranches in response to the monitored activities.

A transaction processing system comprising a server comprising a computer readable medium, wherein the server executes:

• control logic on the computer readable medium that collects receivable information relating to a plurality of transactions between a plurality of buyers and a plurality of sellers, wherein the receivable information includes information relating to receivables due to be received by a plurality of seller banks from the plurality of buyers on behalf of the plurality of sellers;
• control logic on the computer readable medium that allows the plurality of seller banks to utilize the collected receivable information to offer seller bank receivable discounting aggregation (SBRDA) to the plurality of sellers respectively;
• control logic on the computer readable medium that allows a seller to issue a SBRDA request;
• control logic on the computer readable medium that identifies one or more seller banks that can potentially fulfill the SBRDA request;
• control logic on the computer readable medium that allows the one or more seller banks to specify respective sets of criteria to build one or more tranches in response to the SBRDA request;
• control logic on the computer readable medium that builds the one or more tranches using the collected receivable information, the collected receivable information comprising an aggregation of receivables, the receivables in the aggregation of receivables comprising secured and unsecured receivables, wherein the secured receivables are guaranteed by buyer banks;
• control logic on the computer readable medium that allows the one or more seller banks to respectively present the one or more tranches to the seller as lines of credit;
• and
• control logic on the computer readable medium that modifies a tranche to ensure that the set of criteria associated with that tranche is satisfied.

A system comprising a server, wherein the server executes:

• control logic stored on the server causing the server to monitor a plurality of transactions between a buyer and a seller, wherein for each transaction, a payment is owed by the buyer to the seller;
• and
• control logic stored on the server causing the server to allow a seller bank to offer seller bank receivable discounting aggregation (SBRDA) to the seller using information collected from monitoring the plurality of transactions;
• wherein the seller bank handles processing of receivables for the plurality of transactions on behalf of the seller,
• wherein the control logic causes the server to allow the seller bank to offer the seller bank receivable discounting aggregation (SBRDA) to the seller further comprises
• control logic stored on the server causing the server to build a tranche based on a set of criteria specified by the seller bank, wherein the tranche is associated with an aggregation of receivables, the receivables comprising secured and unsecured receivables, wherein the secured receivables are guaranteed by one or more buyer banks;
• control logic stored on the server causing the server to present the tranche as a line of credit to the seller;
• control logic stored on the server causing the server to monitor activities incurred with respect to the tranche;
• and
• control logic stored on the server causing the server to modify the tranche in response to the monitored activities.