US Patent:
20060015450, Jan 19, 2006
Inventors:
Christopher Guck - Roseville MN, US
Mark Tiggas - Eden Prairie MN, US
Beverly Schwalbach - Lake Elmo MN, US
Assignee:
Wells Fargo Bank, N.A. - Sioux Falls SD
International Classification:
G06Q 40/00
Abstract:
Disclosed herein are a financial services network and associated processes for providing interactive transmissions between network participants. The financial services network includes a private and secure transport network that allows for any number of financial services to be conducted between participants and other entities associated with the network. Each participant can operate as a requestor or responder. The system also includes a network administrator that is configured to govern the flow of messages directly between participants. By interconnecting participants to an unlimited number of information providers, all participants can obtain information and verifications on an interactive basis. Also, by employing a single network having a standardized message format and protocol, all participants can quickly and easily interactively request or provide information and verify to any other participant without the concern of incompatibility between system, transmission, or even message formats or protocols.