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Westpac Banking Corporation
| Westpac Banking Corporation Patent applications | ||
| Patent application number | Title | Published |
|---|---|---|
| 20100268626 | DYNAMIC PREPAYMENT RISK MANAGEMENT - A system and method are disclosed for monitoring, managing and reporting credit card prepayment risk for an issuing bank. Sales data, corresponding payment data and data indicating the fulfilment of orders are monitored. The amount required as security by the bank is dynamically adjusted, for example on a daily basis, in response to the quantum of prepayment exposure determined by the data. | 10-21-2010 |