Facilitating finance based on behavioral triggers
First Claim
Patent Images
1. A system for facilitating one or more financial actions, the system comprising:
- a plurality of positioning devices, each respective positioning device of the plurality of positioning devices having a known location and a proximity sensor to track mobile devices based on proximity of the mobile devices to the respective positioning device;
at least one processor; and
memory encoding instructions that, when executed by the at least one processor, causes the at least one processor to;
monitor a user'"'"'s behavior over a period of time in connection with one or more predefined triggering events, the one or more predefined triggering events comprising a new behavior pattern or a deviation from a previous behavior pattern and being selected from;
personal relationship changes of the user;
employment changes of the user or a family member of the user or a person living with the user;
residence changes of the user or a family member of the user or a person living with the user;
new purchases that exceed a predefined threshold purchase amount; and
new purchases that require multiple payments over time, wherein monitoring the user'"'"'s behavior over the period of time in connection with the one or more predefined triggering events includes to;
collect a plurality of location data blocks over the period of time, each respective location data block storing the user'"'"'s physical location at a point in time based on monitoring the plurality of positioning devices to track a mobile device associated with the user over the period of time based on proximity of the mobile device associated with the user to one or more of the plurality of positioning devices; and
assign, to each respective location data block of the plurality of location data blocks, a respective relevance value indicating a predictive value of the respective location data block in connection with at least one of the one or more predefined triggering events;
infer, based on data collected from the monitoring, an occurrence of at least one of the one or more predefined triggering events responsive to a sum of relevance values of the plurality of location data blocks collected in connection with the at least one of the one or more predefined triggering events that meets or exceeds a predefined threshold relevance value;
notify the user of the at least one inferred triggering event;
invite the user to take one or more financial actions related to the at least one inferred triggering event; and
in response to a selection of the user to take at least one of the one or more financial actions, execute at least one of the one or more financial actions.
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Abstract
Systems and methods for facilitating finance by monitoring behavior of users indicative of behavioral patterns or deviations from behavioral patterns and inviting users to make financial changes that may be appropriate based on the monitored behavior. In some embodiments, a minimum amount of relevant data must be collected to support the existence of a behavioral pattern or deviation before a user is invited to make appropriate changes to their finances.
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Citations
20 Claims
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1. A system for facilitating one or more financial actions, the system comprising:
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a plurality of positioning devices, each respective positioning device of the plurality of positioning devices having a known location and a proximity sensor to track mobile devices based on proximity of the mobile devices to the respective positioning device; at least one processor; and memory encoding instructions that, when executed by the at least one processor, causes the at least one processor to; monitor a user'"'"'s behavior over a period of time in connection with one or more predefined triggering events, the one or more predefined triggering events comprising a new behavior pattern or a deviation from a previous behavior pattern and being selected from;
personal relationship changes of the user;
employment changes of the user or a family member of the user or a person living with the user;
residence changes of the user or a family member of the user or a person living with the user;
new purchases that exceed a predefined threshold purchase amount; and
new purchases that require multiple payments over time, wherein monitoring the user'"'"'s behavior over the period of time in connection with the one or more predefined triggering events includes to;collect a plurality of location data blocks over the period of time, each respective location data block storing the user'"'"'s physical location at a point in time based on monitoring the plurality of positioning devices to track a mobile device associated with the user over the period of time based on proximity of the mobile device associated with the user to one or more of the plurality of positioning devices; and assign, to each respective location data block of the plurality of location data blocks, a respective relevance value indicating a predictive value of the respective location data block in connection with at least one of the one or more predefined triggering events; infer, based on data collected from the monitoring, an occurrence of at least one of the one or more predefined triggering events responsive to a sum of relevance values of the plurality of location data blocks collected in connection with the at least one of the one or more predefined triggering events that meets or exceeds a predefined threshold relevance value; notify the user of the at least one inferred triggering event; invite the user to take one or more financial actions related to the at least one inferred triggering event; and in response to a selection of the user to take at least one of the one or more financial actions, execute at least one of the one or more financial actions. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A computer implemented method, comprising:
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monitoring a user'"'"'s behavior over a period of time in connection with one or more predefined triggering events, the one or more predefined triggering events comprising a new behavior pattern or a deviation from a previous behavior pattern, the monitoring comprising; collecting data blocks in connection with the one or more predefined triggering events, wherein each of the data blocks is assigned a relevance value between a negative number and a positive number, the relevance value indicating a predictive value of a data block in connection with at least one of the one or more predefined triggering events, wherein collecting the data blocks includes; collecting a plurality of location data blocks over the period of time, each respective location data block of the plurality of location data blocks storing the user'"'"'s physical location at a point in time based on monitoring a plurality of positioning devices to track a mobile device associated with the user over the period of time based on proximity of the mobile device associated with the user to one or more of the plurality of positioning devices; and assigning, to each respective location data block of the plurality of location data blocks, a respective relevance value indicating a predictive value of the respective location data block in connection with at least one of the one or more predefined triggering events; inferring, based on the data blocks collected from the monitoring, an occurrence of at least one of the one or more predefined triggering events based on a sum of reference values of the data blocks meeting or exceeding a threshold; notifying the user of the at least one inferred triggering event; inviting the user to take one or more financial actions related to the at least one inferred triggering event; and in response to a selection of the user to take at least one of the one or more financial actions, executing at least one of the one or more financial actions. - View Dependent Claims (10, 11, 12, 13, 14, 15)
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16. A non-transitory computer-readable data storage medium storing instructions that, when executed by a processor, cause the processor to:
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monitor a user'"'"'s behavior over a period of time in connection with one or more predefined triggering events, the one or more predefined triggering events comprising a new behavior pattern or a deviation from a previous behavior pattern and being selected from;
personal relationship changes of the user;
employment changes of the user or a family member of the user or a person living with the user;
residence changes of the user or a family member of the user or a person living with the user;
new purchases that exceed a predefined threshold purchase amount; and
new purchases that require multiple payments over time, wherein monitoring the user'"'"'s behavior over the period of time in connection with the one or more predefined triggering events includes to;collect a plurality of location data blocks over the period of time, each respective location data block of the plurality of location data blocks storing the user'"'"'s physical location at a respective point in time based on monitoring a plurality of positioning devices to track a mobile device associated with the user over the period of time based on proximity of the mobile device associated with the user to one or more of the plurality of positioning devices; and assign, to each respective location data block, a respective relevance value indicating a predictive value of the respective location data block in connection with at least one of the one or more predefined triggering events; infer, based on data collected from the monitoring, an occurrence of at least one of the one or more predefined triggering events; notify the user of the at least one inferred triggering event; invite the user to take one or more financial actions related to the at least one inferred triggering event; and in response to a selection of the user to take at least one of the one or more financial actions, execute at least one of the one or more financial actions. - View Dependent Claims (17, 18, 19, 20)
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Specification