08121944 is referenced by 83 patents and cites 581 patents.

An exemplary method and system may include receiving one or more payment items from a plurality of payment entities, at a centralized agent, wherein the one or more payment items comprise one or more electronic images and paper instruments; aggregating the payment items into one or more categories; identifying a payee financial institution and a payor financial institution for each payment items, wherein the payee financial institution and the payor financial institution are different; determining whether the payee financial institution and the payor financial institution are within the network of financial institutions; for the payee and payor within the network, determining at the centralized agent a settlement path within the network of financial institutions for each payment item; and for the payee and payor that are not within the network, forwarding the payment items to a third party settlement entity by the centralized agent for settlement processing.

Title
Method and system for facilitating network transaction processing
Application Number
11/137407
Publication Number
8121944 (B2)
Application Date
May 26, 2005
Publication Date
February 21, 2012
Inventor
David L James
Mt. Gilead
OH, US
W Earl Jennings
Dublin
OH, US
John Spence Stephens Jr
Houston
TX, US
Carl Shishmanian
Louisville
KY, US
Tommy J Vicknair
Humble
TX, US
Richard Norman
Dallas
TX, US
Agent
Hunton & Williams
Assignee
JPMorgan Chase Bank N A
NY, US
IPC
G06Q 40/00
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