Systems and methods are for executing an electronic transaction by a parallel transaction system. One method includes receiving, by a parallel transaction system, an electronic transaction request of a payment vehicle. The parallel transaction system may determine a type of the payment vehicle. The type of the payment vehicle is at least one of an open loop type, a closed loop type, or a parallel type. The parallel transaction system may execute an open-loop transaction, a closed-loop transaction, and/or a parallel transaction, based on the determined type of the payment vehicle. The parallel transaction system may complete the electronic transaction request.

Systems and methods are provided for providing targeted marketing to goods and services provides and consumer resource management services to consumers. An example system and method for targeted marketing comprises collecting transaction data from point-of-sale (POS) terminals and using a consumer identifier in the transaction data to access stored information about the consumer. This information may be used to target offers and advertisement to the consumer. In an example system for consumer resource management, a consumer may configure a consumer account on the enterprise infrastructure via a web-site. The consumer may use the consumer account to purchase and configure gift cards that may be used for purchasing goods and services. A universal transaction identifier may be associated with the consumer account and used to purchase goods and services from more than one selected goods and services providers.

According to one embodiment, the present invention relates to a method and a system for substantiating claims prior to payment from consumer-directed accounts. A computer implemented method for providing consumer-directed account management comprising the steps of receiving a request for payment for a transaction wherein the request comprises claim data identifying the transaction and a payment amount; adjudicating the request to determine claim eligibility; requesting a validation of available funds in a consumer-directed account associated with a participant for the payment amount, wherein a party contributes a predetermined amount of funds to the consumer-directed account; receiving a confirmation indicating whether the consumer-directed account contains sufficient funds to cover the payment amount; and transmitting a validation message indicating payment validation and claim eligibility.

Systems and methods are provided for providing targeted marketing to goods and services provides and consumer resource management services to consumers. An example system and method for targeted marketing comprises collecting transaction data from point-of-sale (POS) terminals and using a consumer identifier in the transaction data to access stored information about the consumer. This information may be used to target offers and advertisement to the consumer. In an example system for consumer resource management, a consumer may configure a consumer account on the enterprise infrastructure via a web-site. The consumer may use the consumer account to purchase and configure gift cards that may be used for purchasing goods and services. A universal transaction identifier may be associated with the consumer account and used to purchase goods and services from more than one selected goods and services providers.

A system includes a database that stores user information regarding a plurality of customers; a network interface configured to communicate data over a network; and a processing circuit. The processing circuit is configured to: receive, from a customer computing device, a first indication that a customer is within a first predetermined distance of a first customer area and activate, based on the first indication, an interface of the customer computing device. The interface is configured to receive an input. The processing circuit is further configured to receive a second indication that the customer is within a second predetermined distance of a second customer area that is within the first customer area and authorize, based on the second indication and reception of the input, a transaction at the terminal.

A system and method for extending a firm offer of credit without regard to the credit risk profile of the credit applicant is disclosed. Using seller-defined and/or system and method provider configured business rules and related payment computations, the system derives a series of initial payments representing a down payment. After the down payment is collected, the goods or services are delivered. The purchaser may elect upfront from a plurality of payment options, including the automatic collection through recurring pre-authorized electronic funds transfers to a deposit account or via authorized and settled credit or debit card authorization(s). A purchaser using either of these options has the option, upon receipt of the goods or services, to pay the remaining balance through the continuation of electronic funds transfers or, at any point prior to completion of payments using a one-time authorized amount for the balance due alternative form of payment like cash, credit or debit card, to pay off the remaining balance.

A system may identify, using a machine learning model, a series of recurring events associated with an account and may generate, using the machine learning model, a prediction of a future date on which a predicted event, associated with the series of recurring events, is to occur. The system may determine that a condition associated with the account is satisfied and may determine that a current date is within a threshold number of days of the future date based on the prediction of the future date. The system may transmit, to a user device, a notification based on determining that the current date is within the threshold number of days of the future date and that the condition associated with the account is satisfied, wherein the notification includes information for presentation of an input element that enables an action to be performed in connection with the account.

The subject matter of the present invention is a management method for avoiding unpaid cheques and unpaid standard bills of exchange by enabling a vendor who receives a payment by one of these two payment methods to have real-time visibility of their customer's ability to honour their commitment. The invention makes it possible to manage the interaction between a vendor who receives a payment by a cheque or a standard bill of exchange and wishes to check the creditworthiness of their customer, and the drawee bank by means of a processing centre linked to a plurality of banks via secure communication channels. The method also provides vendors, during the commercial transaction, with additional reassurance in deciding whether or not to accept a means of payment from their customers, through the generation of a percentage probability of a payment incident, as a result of payment via a cheque or a standard bill of exchange, occurring, with this probability being calculated on the basis of a predictive scoring model.

A system for managing a financial account in a low cash mode. The system may include a memory storing instructions, and a processor configured to execute the instructions to perform operations. The operations may include providing an interface; providing a notification to a user when a balance in the first account is deemed to be in low cash mode; presenting, when the first account balance is deemed to be in low cash mode, an option for a transfer request; receiving, a selection of the option for the transfer request to connect the first account with a second account; transferring funds from the second account to the first account; notifying the user that funds have been transferred from the second account to the first account; and further notifying the user that the balance in the first account is greater than the threshold value.

This disclosure relates to a credit integration system that efficiently and seamlessly embeds credit-based systems into non-credit-based systems. For instance, the credit integration system provides an operational framework that enables functions and features of a credit-based system to be embedded into the existing workflow of non-credit-based systems. In addition to technical benefits, such as reducing redundant system portions by creatively integrating portions of a credit-based system into different existing non-credit-based systems, the credit integration system allows users to capture benefits from the credit-based system without changing their current behaviors with their existing non-credit-based systems. For example, the credit integration system allows users to build a credit history by performing non-credit transactions using their payment card tied to a non-credit-based system.