| 54 |
Title |
TI |
[DE] FINANZIELLES TRANSAKTIONSVERFAHREN UND GERÄT MIT GESCHLOSSENER SCHLEIFE
[EN] CLOSED LOOP FINANCIAL TRANSACTION METHOD AND APPARATUS
[FR] PROCEDE ET APPAREIL DE TRANSACTION FINANCIERE EN BOUCLE FERMEE |
| 71/73 |
Applicant/owner |
PA |
AFFINITY TECHNOLOGY INC, US
|
| 72 |
Inventor |
IN |
NORRIS JEFFREY A, US
|
| 22/96 |
Application date |
AD |
Aug 24, 1994 |
| 21 |
Application number |
AN |
94927260 |
|
Country of application |
AC |
EP |
|
Publication date |
PUB |
Jul 4, 2001 |
33
31
32 |
Priority data |
PRC
PRN
PRD |
US
11320593
Aug 27, 1993
|
33
31
32 |
PRC
PRN
PRD |
US
9409716
Aug 24, 1994
|
| 51 |
IPC main class |
ICM |
G06F 17/60
|
| 51 |
IPC secondary class |
ICS |
G07F 7/08
G07F 7/10
|
|
IPC additional class |
ICA |
|
|
IPC index class |
ICI |
|
|
Cooperative patent classification |
CPC |
G06Q 20/10
G06Q 20/108
G06Q 20/1085
G06Q 20/18
G06Q 20/4037
G06Q 40/00
G06Q 40/02
G06Q 40/03
G07F 19/20
G07F 7/08
|
|
MCD main class |
MCM |
|
|
MCD secondary class |
MCS |
G06Q 20/10
(2012.01)
G06Q 20/18
(2012.01)
G06Q 20/40
(2012.01)
G06Q 40/00
(2012.01)
G06Q 40/02
(2012.01)
G06Q 90/00
(2006.01)
G07F 19/00
(2006.01)
G07F 7/08
(2006.01)
|
|
MCD additional class |
MCA |
|
| 57 |
Abstract |
AB |
[EN] A method and apparatus for closed loop, automatic processing a loan, including completion of the application, underwriting, and transferring funds, includes use of a programmed computer to interface with an applicant, obtain the information needed to process the loan, determine whether to approve the loan, and effect electronic fund transfers to the applicant's deposit account and arrange for automatic withdrawals to repay the loan. Information is received from the applicant preferably by using voice recognition technology but alternatively by entering the alpha-numeric information using a personal computer keyboard or using the buttons on a telephone. The loan approval determination is made using a neural network with input obtained in part from the applicant and in part from databases accessed by the computer, such as a credit bureau, to obtain a credit report. The loan agreement is transmitted by facsimile to and from the applicant when the applicant has access to a facsimile machine or datafile to be printed or to an agent who delivers the agreement to the applicant when the applicant does not have access. In a preferred embodiment, the applicant accesses the computer from a kiosk where the complete transaction can take place as the applicant waits. |
| 56 |
Cited documents identified in the search |
CT |
|
| 56 |
Cited documents indicated by the applicant |
CT |
|
| 56 |
Cited non-patent literature identified in the search |
CTNP |
|
| 56 |
Cited non-patent literature indicated by the applicant |
CTNP |
|
|
Citing documents |
|
Determine documents
|
|
Sequence listings |
|
|
|
Search file IPC |
ICP |
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