Patent ID: 8924280

Claim:
A method for auctioning funds to a bank using a full-time public network, comprising the steps of: connecting with at least one computer to a full-time public network: accepting bank criteria received via said full-time public network: performing risk analytics based on said bank criteria using a plurality of computer-aided risk analytics algorithms to facilitate identification of acceptable bidders in a funds auctioning marketplace: receiving at least one bid from at least one bidder via the full-time public network: evaluating each received bid based on said bank criteria to determine whether the bid satisfies the criteria: selecting as a winning bid at least one received bid determined to satisfy the bank criteria: requiring the bank to accept the winning bid: notifying the bank of the winning bidder's identity: notifying the winning bidder of the bank's identity: and facilitating the transfer of funds from the winning bidder to the bank according to the terms of the bank criteria and the winning bid.