Patent ID: 8024271
Filing Date: 2011-09-20
Classification: G06Q,H04L,H04M

Abstract:
1. A machine-implemented method comprising: storing a plurality of rule sets associated with a plurality of financial instruments in a memory; receiving transaction information, wherein the transaction information is associated with one of the financial instruments and identifies a financial transaction that has already been executed using the financial instrument; processing the transaction information using one of the rule sets comprising one or more rules associated with the financial instrument; selectively generating an alert communication in response to the processing, wherein the alert communication identifies the financial transaction; passing the alert communication to an entity over a network, wherein the alert communication is configured to permit the entity to optionally reply directly to the alert communication; wherein the receiving, processing, generating, and passing are performed by a transaction alert system after the financial transaction has already been executed and without interfering with execution of the financial transaction; receiving a response message from the entity at a response system in direct reply to the alert communication after the financial transaction has already been executed and without interfering with the execution of the financial transaction; wherein the response message from the entity includes a designation provided by the entity concerning the financial transaction; and wherein the execution of the financial transaction is not conditioned on the designation included in the response message.