Invention Grant
- Patent Title: Funds network and method
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Application No.: US13767624Application Date: 2013-02-14
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Publication No.: US11694171B2Publication Date: 2023-07-04
- Inventor: Drew W. Edwards , John R. Simoneaux , Steven D. Doctor , Richard C. Pinson
- Applicant: INGO MONEY, INC.
- Applicant Address: US GA Alpharetta
- Assignee: INGO MONEY, INC.
- Current Assignee: INGO MONEY, INC.
- Current Assignee Address: US GA Alpharetta
- Agency: Nelson Mullins Riley & Scarborough LLP
- Main IPC: G06Q20/10
- IPC: G06Q20/10 ; G06Q20/38

Abstract:
In a method of providing funds to a monetary repository, information is received identifying a payee and request by the payee to convert a negotiable instrument made to the payee to funds. In response to the information, confirmation is received whether to convert the negotiable instrument to funds. An image of the endorsed negotiable instrument is received. If a determination is made to convert the negotiable instrument to funds, an amount of funds corresponding to a value of the negotiable instrument is directed to a repository.
Public/Granted literature
- US20130212008A1 FUNDS NETWORK AND METHOD Public/Granted day:2013-08-15
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