Systems and methods for additional notification and inputs of electronic transaction processing results

• US 10,157,420 B2
• Filed: 09/03/2015
• Issued: 12/18/2018
• Est. Priority Date: 09/03/2015
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Narayana, Usha, Armstrong, Philip D.
• Primary Examiner(s): Wilder, A Hunter
• Application Number:
  US14/844,884
• Publication Number:
  US 20170069027A1
• Time in Patent Office: 1,202 Days
• Field of Search: 705 1418, 705 21
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: H04W 4/12 Messaging; Mailboxes; Announcements
• CPC Class Codes: H04W 4/50 Service provisioning or reconfiguring

Abstract

A computer implemented system and method are disclosed involving technological advancements in the processing of electronic transaction processing results. The system may comprise a computer apparatus implementing a checking account system, a savings account system, a merchant account and investment account on a funds management system, and one or more computer systems and mobile devices including a communication interface, processor, memory storing computer-executable instructions, and savings modules. Reward amounts may be calculated based on various techniques.

Claims

1. A method comprising:

storing, by a computer server in a memory of the computer server, a list of blacklisted merchant products;

receiving, by the computer server, a location of a mobile device of a user;

determining, by the computer server, that the location is within a store of a merchant;

receiving, by the computer server in signal communication with a point-of-sale device located within the store of the merchant, a financial transaction initiated at the point-of-sale device;

determining, by the computer server, whether the financial transaction initiated at the point-of-sale device involves a purchase of a blacklisted merchant product by comparing against the list of backlisted merchant products stored in the memory of the computer server;

posting, by the computer server, the financial transaction to a source account of the user when the financial transaction does not involve the purchase of the blacklisted merchant product;

calculating, by the computer server, a savings amount based on a monetary amount saved by the purchasing of the non-blacklisted merchant product instead of a comparable blacklisted merchant product;

increasing a transaction amount of the financial transaction by the savings amount;

transmitting, by the computer server to the mobile device, a notification to add an additional savings amount to the savings amount;

presenting, at an interface of the mobile device, the notification to add the additional savings amount to the savings amount;

activating, by the mobile device in response to receiving the transmitted notification, a motor in the mobile device to generate vibrations to notify the user of the notification;

providing, by the computer server at the interface, a plurality of selectable input elements wherein each one of the selectable input elements corresponds to an additional savings amount, wherein the additional savings amount comprises one of a whole monetary amount, a percentage of the savings amount, a percentage of the financial transaction amount and a custom amount;

receiving, by the computer server at the interface, a selection identifying one of the additional savings amounts at the interface;

determining, by the computer server, that the transaction amount of the financial transaction and the additional savings amount is available in the source account before debiting the transaction amount and additional savings amount from the source account; and

debiting, by the computer server, at least a portion of the transaction amount and additional savings amount from the source account to a recipient account.

2. The method of claim 1, wherein the interface is a display of the point of sale device.

3. The method of claim 1, wherein the notification is an additional savings message type, the additional savings message type being a unique packet containing fields relating to message identification, source accounts, recipient accounts, savings amounts, dates, and savings selections.

4. The method of claim 1, wherein the interface is a touchscreen display of the mobile device associated with the source account.

5. The method of claim 1, wherein the notification is a voice activated interface of the mobile device associated with the source account.

6. The method of claim 1, further comprising;

calculating, by the computer server, an aggregate savings amount by aggregating the savings amount, additional savings amount, and further savings amounts posted to the recipient account;

determining, by the computer server, that the aggregate savings amount of the recipient account has not reached a threshold level over a set time period; and

presenting, by the computer server, an alert that the aggregate savings amount of the recipient account has not reached a threshold level.

7. The method of claim 6, wherein the set time period is a recurring time period.

8. The method of claim 6, wherein the threshold level is a percentage monetary amount defined by a goal provided by the user.

9. A system, comprising:

a point of sale device configured to conduct a financial transaction, wherein the point of sale device is located within a store of a merchant;

a wireless device of a user;

a computer server configured to communicate with the point of sale device;

a first computer memory at the computer server storing non-transitory computer-executable instructions that, when executed by a first processor of the computer server, causes the computer server to perform steps comprising;

storing a list of blacklisted merchant products;

receiving a location of the wireless device of the user;

determining that the location is within the store of the merchant;

receiving, by the computer server in signal communication with the point of sale device located within the store of the merchant, a financial transaction initiated at the point of sale device;

determining whether the financial transaction initiated at the point of sale device involves a purchase of a blacklisted merchant product by comparing against the list of backlisted merchant products stored in the first computer memory of the computer server;

posting the financial transaction to a source account of the user when the financial transaction does not involve the purchase of the blacklisted merchant product;

calculating a savings amount based on a monetary amount saved by the purchasing of the non-blacklisted merchant product instead of a comparable blacklisted merchant product;

increasing a transaction amount of the financial transaction by the savings amount;

transmitting a notification to add an additional savings amount to the savings amount;

providing at the interface a plurality of selectable input elements wherein each one of the selectable input elements corresponds to an additional savings amount to add to the savings amount, wherein the additional savings amount comprises one of a whole monetary amount, a percentage of the savings amount, a percentage of the financial transaction amount and a custom amount;

receiving a selection identifying one of the additional savings amounts at the interface;

determining that the savings amount and additional savings amount is available in the source account before debiting the savings amount and additional savings amount from the source account; and

debiting at least a portion of the savings amount and additional savings amount from the source account to a recipient account;

a second computer memory at the wireless device storing non-transitory computer-executable instructions that, when executed by a second professor of the wireless device, causes the wireless device to perform steps comprising;

presenting, at an interface of the mobile device, the notification to add the additional savings amount to the savings amount;

activating, by the mobile device in response to receiving the transmitted notification, a motor in the mobile device to generate vibrations to notify the user of the notification.

10. A system according to claim 9, wherein the notification is an additional savings message type, the additional savings message type being a unique packet containing fields relating to message identification, source accounts, recipient accounts, savings amounts, dates, and savings selections.

11. A system according to claim 9, wherein the wireless device is a tablet.

12. A system according to claim 9, wherein the wireless device is a smartphone.

13. A system according to claim 9, wherein the wireless device receives the selection identifying one of the additional savings amounts at the interface via voice activation from the user of the wireless device.

14. A system according to claim 9, wherein the interface of the wireless device is a touchscreen display.