SYSTEM AND METHOD FOR PROCESSING VECTOR EXCEPTIONS
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United States of America Patent
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Issued Date -
Sep 18, 2014
app pub date -
Mar 13, 2014
filing date -
Mar 15, 2013
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system and method in accordance with example embodiments may determine whether or not an item requiring overdraft lending is eligible for the lending. Additionally, a system and method in accordance with example embodiments may receive a request to authorize an overdraft of an item and a first authorization credentials, determine whether or not the first authorization credentials are associated with a lending authority amount greater than the overdraft item request, and generate at least one message to at least one authorized user associated with a lending authority amount greater than the overdraft item request when the lending module determines the first authorized credentials are not associated with the lending authority amount great than the overdraft item request.
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