This invention describes a method for the positioning of a financial services merchant as the central repository of trust in a transaction between buyer and seller relating to an asset that is or has been previously secured by the Merchant by way of a contract with the seller.

摘要

#$%^&*AU2016102055A420170216.pdf#####ABSTRACT A method of creating a trusted transaction wherein a merchant, at the request of a seller, will verify to the seller and a potential buyer, the identity of the seller, through the means of either a current established relationship between the two entities or via a term of a financial contract and a verification that the asset which the seller is engaged with and which has previously been provided to the merchant as security for the provision of finance will be suitable security to the merchant for a potential future finance advance to a buyer, whilst at the request of the buyer, the merchant will provide to the seller verification that the buyer has completed an identity verification process with the merchant and has been successfully identified for credit provision purposes and the buyer has completed an application for a financial process with the merchant and has been successfully approved for finance to purchase the asset that is being sold by the seller.