Riccardo M Striano

US Patent:

7904388, Mar 8, 2011

Filed:

May 12, 2010

Appl. No.:

12/778279

Inventors:

Frank J. Fogliano - Monroe NY, US
Dennis J. Gniewosz - Langhorne PA, US
Paul Gerard Trupia - Massapequa NY, US
Riccardo M. Striano - Pelham NY, US

Assignee:

JPMorgan Chase Bank, N.A. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 40

Abstract:

According to an embodiment of the present invention, a computer implemented method and system for processing payments may involve receiving a payment file from a paying entity; identifying at least one payee from the payment file; identifying a payment amount for the at least one payee for a contribution based on a pre-existing contract between the paying entity and the at least one payee for recurring payments to the at least one payee; identifying a payment method for the at least one payee from a payee profile; and distributing the payment amount via the payment method to the at least one payee; wherein a group manages the recurring payments for the at least one payee.

US Patent:

7734545, Jun 8, 2010

Filed:

Sep 29, 2006

Appl. No.:

11/537290

Inventors:

Frank J. Fogliano - Monroe NY, US
Dennis J. Gniewosz - Langhorne PA, US
Paul Gerard Trupia - Massapequa NY, US
Riccardo M. Striano - Pelham NY, US

Assignee:

JPMorgan Chase Bank, N.A. - New York NY

International Classification:

G06Q 40/00

US Classification:

705 40

Abstract:

According to an embodiment of the present invention, a computer implemented method and system for processing payments may involve receiving a payment file from a paying entity; identifying at least one payee from the payment file; identifying a payment amount for the at least one payee for a contribution based on a pre-existing contract between the paying entity and the at least one payee for recurring payments to the at least one payee; identifying a payment method for the at least one payee from a payee profile; and distributing the payment amount via the payment method to the at least one payee; wherein a group manages the recurring payments for the at least one payee.