US 6289319

Here is a concise summary of US Patent 6,289,319.

Summary of U.S. Patent 6,289,319

Title: Automatic business and financial transaction processing system

Assignee: The patent is listed as assigned to "Individual."

Inventor: Lawrence B. Lockwood

Filing Date: November 30, 1994

Issue Date: September 11, 2001

Abstract: The patent describes a system for processing applications, such as for loans, from multiple remote locations. It involves self-service terminals connected to a financial institution's computer and a credit reporting service's computer. These terminals feature a video screen that simulates a loan officer to guide an applicant through the application process. The system is designed to automatically gather credit rating information for the applicant, assess their creditworthiness, determine a loan amount, and then transmit the approved loan details to the financial institution for further processing.

Plain-Language Overview of Independent Claims

This patent contains one independent claim.

Claim 1: This claim describes a comprehensive system for conducting business and financial transactions from remote locations. In simple terms, it covers a network where:

• A central computer at a business is set up to handle various inquiries and orders.
• This central computer can receive and store information from remote terminals.
• At least one remote terminal is available for users, which has its own processor and software.
• The terminal is connected to the central computer to send and receive data.
• The terminal provides information and services, featuring a video screen and a way for users to manually enter information.
• It can store the user's transaction details and data received from the central computer.
• The system can instantly send information back and forth, allowing for a real-time, interactive experience where users can get information and place orders over a period of time.

It is important to note that a direct search of the U.S. Court of Appeals for the Federal Circuit (CAFC) dockets for 2026 did not yield any specific results for this patent. Information regarding litigation history found on other public sources suggests past legal disputes, but specific details for 2026 from the CAFC were not available. The bibliographic data presented here has been confirmed through the USPTO's public patent database.