Embodiments of the present invention provide a system for real-time resource account verification processing for authentication of a user. The system provides a communication linkage between entities that are real-time payment network enabled participates to communication and confirm account verification. As such, via RFI messaging an entity may request verification of user resource accounts. The system may identify the entity associated with the resources, deploy a secure communication via the RFI messaging platform, and receive a verification in real-time. The system allows for performance of this communication on a backend secure RFI messaging center without third party knowledge of account verification processing. Thus limiting verification, disruption, and processing lag.

Systems and methods for providing blockchain based paper checks (BC Checks) that may be redeemed without traditional coordination between financial institutions of participants.

An example credit line adjustment system includes: at least one processor; and memory encoding instructions that, when executed by the at least one processor, causes the at least one processor to generate a graphical user interface including: a first section identifying a first credit line owned by a user, the first section providing a first credit limit amount for the first credit line, and the first section including a first control that receives input from the user to manipulate the first credit line; a second section identifying a second credit line, the second section including a second control that receives input to transfer at least a portion of the first credit line to the second credit line.

A system for providing a payment includes a processor and a memory configured to cause the system to receive a payment request representative of a payment amount, a payor identification, and a payee identification. The system includes means for determining payor cash holdings and payor available credit as well as authenticating the validity of a payment request and identity of the payor via received biometric data from a payor device. The system may further receive data representative of payee approved payment methods and determine a payment composition based on the payment amount, payor payment preferences, payor cash holdings and payor available credit. Based on the payee approved payment methods, the system may determine one or more payment types. The system may convey the payment amount to the payee in the form of one or more payment types and may fund the payment amount according to the payment composition.

A resource management institution receives first transfer indication information from a first service institution, where the first transfer indication information is based on a resource transfer request of a user, where the resource transfer request requests a transfer of a resource to a target account controlled by the resource management institution, and where the resource management institution and the first service institution are connected to a blockchain. Transfer information of the resource is generated based on transaction information of a transaction of the user stored on the blockchain. In response to determining that a consensus on the transfer information succeeds, the transfer information is stored on the blockchain, where participants of the consensus include the resource management institution and the first service institution. The resource is transferred, based on the first transfer indication information, to the target account.

Apparatus and methods are provided for executing a rules-based authentication of an electronic transaction. The method may include receiving first and second payment authorization parameters and second payment authorization parameters. The method may also include receiving from a Point of Sale device a request for payment information and a purchase amount. The method may also include, determining if first or second parameters are satisfied. The first parameters may include a first time range, a pairing of the electronic device to a first apparatus, a first geolocation of the electronic device, and a first maximum transaction value. The second parameters may include a second time range, a pairing of the electronic device to a second apparatus, a second geolocation of the electronic device, and a second maximum transaction value, wherein the second time range does not include the first time range.

One or more embodiments of the present specification provide blockchain-based remittance methods and apparatuses. One method comprising: receiving, from an account of a remitter, a transaction for a remittance to an account of a remittee, wherein the transaction comprises a remittance amount of the remittance and at least one reserved amount corresponding to the remittance amount allocated by the remitter from a reserve fund list to the transaction; performing verification of the transaction, wherein the verification comprises determining whether a total amount of the at least one reserved amount comprised in the transaction is greater than or equal to the remittance amount; and in response to determining that the verification is successful: deducting the remittance amount from the balance of the account of the remitter, and adding the remittance amount to a balance of the account of the remittee.

A payment apparatus (20) of the present invention includes a card-related information acquisition unit (21) which acquires card-related information including an available amount of a credit card by reading a code indicating the card-related information or by performing a short-range wireless communication with a mobile terminal in which the card-related information is stored, a product information acquisition unit (22) which acquires product identification information of one or a plurality of products to be paid for, a determination unit (23) which determines whether or not settlement by a credit card is possible based on the available amount and a payment amount calculated based on the product identification information, an output unit (26) which outputs a determination result of the determination unit (23), and a payment unit (24) which performs a payment process based on the determination result of the determination unit (23).

A method comprises: selecting one or more blockchain assets from a remitter's blockchain account according to a transaction amount of a transaction to be remitted from the remitter's blockchain account into a receiver's blockchain account, wherein a total asset amount represented by the selected one or more blockchain assets is not less than the transaction amount, and a commitment of an individual asset amount represented by each of the selected one or more blockchain assets is recorded in a blockchain; generating a commitment of the transaction amount; and submitting to the blockchain the transaction comprising information of the selected one or more blockchain assets and the commitment of the transaction amount, for the selected one or more blockchain assets to be removed from the remitter's blockchain account and one or more blockchain assets corresponding to the commitment of the transaction amount to be added to the receiver's blockchain account.

Disclosed embodiments may provide a framework to implement post-purchase tender switches. For example, following a transaction made with a particular payment instrument, a customer may be offered the ability to apply for a preferred payment instrument and/or to switch his or her tender type to the preferred payment instrument for the previous transaction.