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1. (WO2016057791) POLICY-BASED CONTROL OF ONLINE FINANCIAL TRANSACTIONS

Pub. No.:    WO/2016/057791    International Application No.:    PCT/US2015/054686
Publication Date: Fri Apr 15 01:59:59 CEST 2016 International Filing Date: Fri Oct 09 01:59:59 CEST 2015
IPC: G06Q 40/02
Applicants: SEQUITUR LABS, INC.
Inventors: ATTFIELD, Philip
Title: POLICY-BASED CONTROL OF ONLINE FINANCIAL TRANSACTIONS
Abstract:
A policy-based control system for on-line financial transactions where transaction requests and associated contextual information is used by a policy-based transaction server to evaluate the allowance or disallowance of a requested transaction. The system is connected to one or more fund resources. A fund usage request, initiated by the requestor, is received by the policy-based transaction server where a set of policy rules that govern the allowance of all transactions associated with that fund resource are used to adjudicate the request. The resulting adjudicated response is transmitted back to the requestor where it is enforced, either allowing the transaction or disallowing the transaction. The policy-based transaction server may use contextual information about the fund usage request to determine allowance.