ELECTRONIC PROCESSING ANNUITY PAYMENT

Brand	Owner	Address	Description
ANNUITYWEBWORKS.COM	ESSEX CORPORATION	825 Third Avenue, 37th Floor New York NY 10022	electronic processing of annuity payment data information;annuity commission accounting for others; business information reporting services, namely, annuity sales volume tracking;
	Where the owner name is not linked, that owner no longer owns the brand

Technical Examples

This disclosure describes a payment and disbursement system, wherein an initiator authorizes a payment and disbursement to a collector and the collector processes the payment and disbursement through an accumulator agency. The accumulator agency processes the payment as a debit-based transaction and processes the disbursement as an addendum-based transaction. The processing of a debit-based transaction generally occurs by electronic funds transfer (EFT) or by financial electronic data interchange (FEDI). The processing of an addendum-based transaction generally occurs by electronic data interchange (EDI).