Systems and methods for allocating resources via information technology infrastructure

• US 10,521,778 B2
• Filed: 08/15/2016
• Issued: 12/31/2019
• Est. Priority Date: 12/16/2015
• Status: Active Grant

• Current Assignee: Alegeus Technologies, LLC (Alegeus Technologies Holdings Corp.)
• Original Assignee: Alegeus Technologies, LLC (Alegeus Technologies Holdings Corp.)
• Inventors: Bull, John, Neuville, Mark
• Primary Examiner(s): Tiedeman, Jason S
• Application Number:
  US15/237,340
• Publication Number:
  US 20170178093A1
• Time in Patent Office: 1,233 Days
• Field of Search: 705 2, 705 3, 705 4
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A system to allocate resources via information technology infrastructure is described. A server includes processors to provide to a plurality of devices, an electronic benefits account transaction application programming interface (“API”) configured to receive transaction requests from a plurality of heterogeneous electronic funding sources. The server can receive a request to initiate a single transaction to fund an electronics benefit account. The server can transmit data in an alert format indicating a denial of the single request responsive to a comparison of a value to one or more threshold limits.

Claims

1. A system to manage resource allocation via an information technology infrastructure, comprising:

a server comprising one or more processors configured to;

provide to a plurality of devices corresponding to a plurality of heterogeneous electronic funding sources, an electronic benefits account transaction application programming interface (“

API”

) configured to receive transaction requests from the plurality of heterogeneous electronic funding sources;

receive, via the electronic benefits account transaction API, from a first device of the plurality of devices corresponding to a first electronic funding source of the plurality of heterogeneous electronic funding sources, a first one or more packets comprising a request to initiate a single electronic benefits account transaction to fund an electronic benefits account, the request identifying a transaction destination, a transaction code, a transaction amount and an identifier identifying the first electronic funding source;

an enforcement engine configured on and executed by the server to;

determine the transaction code maps to one of a current year or a previous year;

perform a lookup in an electronic transaction queue of the electronic benefits account maintained in memory by the server to identify an in-process transaction amount and a reportable contribution amount;

generate a value by combining the transaction amount, the in-process transaction amount and the reportable contribution amount identified from the electronic transaction queue of the electronic benefits account maintained in memory by the server, the value indicating a virtual transaction balance;

compare the value with a threshold limit for the one of the current year or the previous year mapped to the transaction code to determine that the value exceeds the threshold limit;

select an alert format configured for an interface corresponding to the first electronic funding source; and

transmit, via a network to the first device, one or more response packets carrying data in the alert format indicating a denial of the single electronic benefits account transaction request responsive to the comparison and the transaction code mapping to the one of the current year or the previous year, wherein the first device, in response to receiving the one or more response packets, terminates the single electronic benefits account transaction and prevents exceeding the threshold limit established for the electronic benefits account.

2. The system of claim 1, wherein the enforcement engine is further configured to

determine the transaction code maps to one of the current year or the previous year responsive to identifying that the first electronic funding source enforces electronic benefits account limits.

3. The system of claim 1, wherein the enforcement engine is further configured to:

determine an enforcement rule based on the single electronic benefits account transaction request; and

identify the threshold limit based on the enforcement rule.

4. The system of claim 1, wherein the combining the transaction amount, the in-process transaction amount and the reportable contribution amount identified comprises summing the transaction amount, the in-process transaction amount and the reportable contribution amount identified.

5. The system of claim 1, wherein the enforcement engine is further configured to:

select the threshold limit based on a predetermined threshold limit configured for the first electronic funding source.

6. The system of claim 1, wherein

the receipt of the request to initiate a single electronic benefits account transaction is initiated by a remote device that is remote to the first device and configured with authentication credentials to access the first device.

7. The system of claim 1, wherein the alert includes instructions to terminate the single electronic benefits account transaction initiated by the request to prevent exceeding the threshold limit established for the electronic benefits account.

8. The system of claim 1, wherein the enforcement engine is further configured to:

establish a bidirectional communication channel with the first device, the bidirectional communication channel configured to transfer requests and instructions to terminate transactions.

9. The system of claim 1, wherein the enforcement engine is further configured to:

transmit, via the network to the first device, the one or more response packets indicating the denial of the single electronic benefits account transaction request within a predetermined time interval from receiving the single electronic benefits account request.

10. The system of claim 1, wherein

wherein the selection of the alert format is based on the electronic funding source corresponding to the funded payroll deposit, the alert format comprising a first field for the instructions to deny the single electronic benefits account transaction and a second field for a reason code.

11. The system of claim 1, wherein the enforcement engine is further configured to:

access a profile database to determine that the first electronic funding source corresponds to a non-payroll deposit,

wherein the selection of the alert format is based on the first electronic funding source corresponding to the non-payroll deposit, the alert format including a first field for a reason code, and a second field for instructions to exclude the transaction from the in-process transaction amount.

12. The system of claim 1, wherein the enforcement engine is further configured to:

receive a second one or more packets comprising a second request to initiate a second single electronic benefits account transaction to fund the electronic benefits account, the second request including a second data structure identifying the transaction destination, the transaction code, a second transaction amount and the first electronic funding source;

generate a second value by combining the second transaction amount, the in-process transaction amount and the reportable contribution amount identified from the electronic transaction queue of the electronic benefits account maintained in memory by the server, the second value different from the value;

determine the second value is less than the threshold limit based on a comparison of the second value with the threshold limit; and

generate, responsive to the second value being less than the threshold limit, second response packets to authorize the second single electronic benefits account transaction.

13. A method of managing resource allocation via an information technology infrastructure, comprising:

providing, by a server comprising one or more processors, to a plurality of devices corresponding to a plurality of heterogeneous electronic funding sources, an electronic benefits account transaction application programming interface (“

API”

) configured to receive transaction requests from the plurality of heterogeneous electronic funding sources;

receiving, by the server via the electronic benefits account transaction API, from a first device of the plurality of devices corresponding to a first electronic funding source of the plurality of heterogeneous electronic transaction sources, a first one or more packets comprising a request to initiate a single electronic benefits account transaction to fund an electronic benefits account, the request identifying a transaction destination, a transaction code, a transaction amount and an identifier identifying the first electronic funding source;

determining, by an enforcement engine executed by the server, the transaction code maps to one of a current year or a previous year;

performing, by the enforcement engine, a lookup in an electronic transaction queue of the electronic benefits account maintained in memory by the server to identify an in-process transaction amount and a reportable contribution amount;

generating, by the enforcement engine, a value by combining the transaction amount, the in-process transaction amount and the reportable contribution amount identified from the electronic transaction queue of the electronic benefits account maintained in memory by the server, setting generated value to indicate a virtual transaction balance;

comparing, by the enforcement engine, the value with a threshold limit for the one of the current year or the previous year mapped to the transaction code to determine that the value exceeds the threshold limit based on the comparison;

selecting, by the enforcement engine, an alert format configured for an interface corresponding to the first electronic funding source; and

transmitting, by the enforcement engine via a network to the first device, one or more response packets carrying data in the alert format indicating a denial of the single electronic benefits account transaction request responsive to the comparison and the transaction code mapping to the one of the current year or the previous year, wherein the first device, in response to receiving the one or more response packets, terminates the single electronic benefits account transaction and prevents exceeding the threshold limit established for the electronic benefits account.

14. The method of claim 13,

wherein the enforcement engine determines the transaction code maps to one of the current year or the previous year responsive to identifying that the first electronic funding source enforces electronic benefits account limits.

15. The method of claim 13, comprising:

determining, by the enforcement engine, an enforcement rule based on the single electronic benefits account transaction request; and

identifying, by the enforcement engine, the threshold limit based on the enforcement rule.

16. The method of claim 13,

wherein combining the transaction amount, the in-process transaction amount and the reportable contribution amount identified comprises summing the transaction amount, the in-process transaction amount and the reportable contribution amount identified.

17. The method of claim 13, comprising:

selecting, by the enforcement engine, the threshold limit based on a predetermined threshold limit configured for the first electronic funding source.

18. The method of claim 13,

wherein the receipt of the request to initiate a single electronic benefits account transaction is initiated by a remote device that is remote to the first device and configured with authentication credentials to access the first device.

19. The method of claim 13,

wherein the alert includes instructions to terminate the single electronic benefits account transaction initiated by the request to prevent exceeding the threshold limit established for the electronic benefits account.

20. The method of claim 13, comprising:

transmitting, by the server via the network to the first device, the one or more response packets indicating the denial of the single electronic benefits account transaction request within a predetermined time interval from receiving the single electronic benefits account request.