| US 7,330,835 B2 | ||
| Method and system for tracking and reporting automated clearing house transaction status | ||
| Theresa M. Deggendorf, Coon Rapids, Minn. (US) | ||
| Assigned to Federal Reserve Bank of Minneapolis, Minneapolis, Minn. (US) | ||
| Filed on Oct. 30, 2003, as Appl. No. 10/697,774. | ||
| Claims priority of provisional application 60/422687, filed on Oct. 31, 2002. | ||
| Prior Publication US 2004/0199463 A1, Oct. 07, 2004 | ||
| Int. Cl. G06Q 40/00 (2006.01) | ||
| U.S. Cl. 705—39 [705/40; 705/35] | 85 Claims |
| 1. A computer-implemented method for tracking and reporting the status of automated clearing house (“ACH”) transactions processed
by an ACH operator, comprising the steps of:
receiving an ACH file for ACH processing, the ACH file comprising an ACH batch that comprises an ACH transaction item;
tracking on a computer a status of the ACH file during each of a plurality of ACH file processing events performed by the
ACH operator, the file processing events comprising at least one of receiving to ACH file, confirming the ACH file, and approving
the ACH file and at least one of pending the ACH file, processing the ACH file, processing the ACH batch in the ACH file,
and processing the ACH transaction item in the ACH batch; and
presenting the tracked status of the ACH file in response to a query to obtain the status of the ACH file.
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