Invention Grant
- Patent Title: Deposit token service system, apparatus and method
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Application No.: US16818015Application Date: 2020-03-13
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Publication No.: US11763278B2Publication Date: 2023-09-19
- Inventor: Jamie Florio
- Applicant: Bottomline Technologies (de) Inc.
- Applicant Address: US NH Portsmouth
- Assignee: Bottomline Technologies, Inc.
- Current Assignee: Bottomline Technologies, Inc.
- Current Assignee Address: US NH Portsmouth
- Agent Richard A. Baker, Jr.
- Main IPC: G06Q20/10
- IPC: G06Q20/10 ; G06Q20/36

Abstract:
A system, method and apparatus for providing a global service for securely storing deposit instructions is described. The service provides payment processing services with a central location to translate payee information into a revocable d-token that represents the payee deposit instructions. A second service allows qualified banking institutions to convert the d-token into deposit instructions to effectuate a funds transfer.
Public/Granted literature
- US20210287191A1 Deposit Token Service System, Apparatus and Method Public/Granted day:2021-09-16
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