Patent ID: 8341043
Filing Date: 2012-12-25
Classification: G06Q

Abstract:
1. An automated method executed by a computer system to manage credit card prepayment exposure with respect to one or more merchants, comprising for each merchant at least the steps of: receiving, at the computer system, data from the merchant itemising: storing the received data in a memory associated with the computer system; a computer system processor matching previously stored prepayment sales to current fulfilment of prepayment orders identified in said received data to determine a quantum of outstanding prepayment orders having an associated time profile based upon stored fulfilment timing data; the computer system processor applying a predetermined risk weighting to the quantum and time profile, in accordance with a predetermined instruction set, and thereby determining an appropriate security amount; and the computer system processor automatically applying predetermined business rules to either retain or release security funds, responsive to the determined security amount, so that a change in the quantum of outstanding prepayment orders corresponds to a dynamic variation in the security funds.