US Patent Issued to EARLY WARNING SERVICES on Dec. 16 for "Direct electronic bill payment with real-time funds availability" (California, Arizona, Indiana Inventors)

ALEXANDRIA, Va., Dec. 16 -- United States Patent no. 12,499,427, issued on Dec. 16, was assigned to EARLY WARNING SERVICES LLC (Scottsdale, Ariz.).

"Direct electronic bill payment with real-time funds availability" was invented by Rohit Mehtani (San Francisco), Suresh Munusamy (Scottsdale, Ariz.), Rajesh Kulkarni (Scottsdale, Ariz.), Charles Schaefer (Kentfield, Calif.), Bruce Rapport (Folsom, Calif.), Rich Rezek (Zionsville, Ind.) and James Armistead (Mill Creek, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method including receiving, at a payment-messaging system from a biller financial institution, a request comprising a public consumer token of a consumer. The consumer provided the public cons...