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1. (WO2018204548) LEDGER MANAGEMENT SYSTEMS AND METHODS

Pub. No.:    WO/2018/204548    International Application No.:    PCT/US2018/030741
Publication Date: Fri Nov 09 00:59:59 CET 2018 International Filing Date: Thu May 03 01:59:59 CEST 2018
IPC: G06Q 20/00
Applicants: BATON SYSTEMS, INC.
Inventors: JAYARAM, Arjun
ABIDI, Mohammad Taha
MANDELL, Daniel Craig
Title: LEDGER MANAGEMENT SYSTEMS AND METHODS
Abstract:
Example ledger management systems and methods are described. In one implementation, a financial management system receives a transfer request that identifies a source account and a destination account. The financial management system confirms that the source account is valid and confirms that the source account has a sufficient balance for the transfer request. Further, the financial management system issues instructions to debit the source account and credit a settlement account. If the source account is valid and has sufficient balance for the transfer request, instructions are sent to move funds from the settlement account to the destination account.