MICHAEL REED CORDER
Pilots at Ross Rd, Aptos, CA
License number
California A2341065
Issued Date
May 2015
Expiration Date
May 2017
Category
Airmen
Type
Authorized Aircraft Instructor
Address
Address
108 Ross Rd, Aptos, CA 95003
Professional information
Financial Account That Reduces Paper Check Usage
US Patent:
2006022, Oct 12, 2006
Filed:
Oct 6, 2005
Appl. No.:
11/245814
Inventors:
Michael Corder - Aptos CA, US
International Classification:
G06Q 40/00
US Classification:
705045000
Abstract:
A business method that will eliminate many of the paper check transactions that are currently required in today's financial environment. This method works by the creation of a deposit only financial account that is transparently linked to one (or more) normal financial account(s). Money deposited into the deposit only account immediately flows to the linked financial account(s) whose account numbers remain hidden. The method is simple to implement, is easily understood by the average user, eliminates the need for third party payment handing firms and will result in the saving of millions of dollars per day.