SYSTEMS AND METHODS FOR DATABASE MANAGEMENT OF TRANSACTION INFORMATION AND PAYMENT INSTRUCTION DATA
Number of patents in Portfolio can not be more than 2000
United States of America
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Issued Date -
Mar 6, 2025
app pub date -
Nov 18, 2024
filing date -
Nov 18, 2024
priority date (Note) -
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Abstract
A system for storing data related to a real estate transaction and for facilitating the real estate transaction, the system comprising: a database; an application server coupled with the database and configured to store information associated with a plurality of real-estate transactions, the information including user account information related to a user account for the user maintained by a first financial institution, a recipient identifier, and recipient account information related to a recipient account for the recipient maintained with a second financial institution, the application server further configured to: receive real estate transaction data associated with a payment related to the real estate transaction from a device, the real estate transaction data comprising an identifier of the recipient and the user account information; and forward the real estate transfer instructions data to the first financial institution based on received user account information to cause a deposit into a recipient account.
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