Selecting a preferred payment instrument
First Claim
1. A computer-implemented method to select payment accounts for financial card transactions, comprising:
- associating, by a user computing device, a plurality of financial accounts with a user account, the user account being maintained by the user computing device;
establishing, by the user computing device, an instrument selection model for the user account based at least in part on configuration data received from a user associated with the user account, wherein the instrument selection model comprises information for identifying a which particular financial account from among the plurality of financial accounts to use as a selected financial account for a transaction using the user account;
receiving, by the user computing device, data associated with a first pending transaction with a first merchant, the first pending transaction being conducted between a first merchant computing device and the user, the data comprising information regarding the first pending transaction and information provided to the first merchant computing device to identify the user account;
identifying, by the user computing device, a first financial account from among the plurality of financial accounts to use as the selected financial account for the first pending transaction based at least in part on the instrument selection model and the first pending transaction data;
receiving, by the user computing device, an input of a selection of an alternate financial account to use instead of the first financial account as the selected financial account for the first pending transaction;
logging, by the user computing device, the data associated with the first pending transaction and the alternate financial account;
modifying, by the user computing device, the instrument selection model for the user account based on the selection of the alternate financial account and the data associated with the first pending transaction;
receiving, by the user computing device, data associated with a subsequent pending transaction with a subsequent merchant, the subsequent pending transaction being conducted between a subsequent merchant computing device and the user, the subsequent transaction data comprising information regarding the subsequent pending transaction and information provided to the subsequent merchant computing device to identify the user account; and
executing, by the user computing device, the modified updated instrument selection model to identify the alternate financial account to use as the selected financial account for the subsequent pending transaction instead of the first financial account.
2 Assignments
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Accused Products
Abstract
Selecting payment instruments for proxy card transactions comprises associating a plurality of financial accounts with a user proxy account; establishing a model for the user account based on configuration data received from a user, the model comprising identification of a particular financial account to use as a backing instrument for a transaction; receiving data associated with a pending transaction regarding the pending transaction; identifying a financial account to use as a backing instrument for the pending transaction based on a comparison of the model with the pending transaction data; receiving a selection of an alternate financial account to use instead of the identified financial account as the backing instrument; modifying the model account based on the selection of the alternate financial account and the data associated with the pending transaction; and utilizing the modified model in a subsequent selection of a financial account for a subsequent transaction.
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Citations
21 Claims
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1. A computer-implemented method to select payment accounts for financial card transactions, comprising:
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associating, by a user computing device, a plurality of financial accounts with a user account, the user account being maintained by the user computing device; establishing, by the user computing device, an instrument selection model for the user account based at least in part on configuration data received from a user associated with the user account, wherein the instrument selection model comprises information for identifying a which particular financial account from among the plurality of financial accounts to use as a selected financial account for a transaction using the user account; receiving, by the user computing device, data associated with a first pending transaction with a first merchant, the first pending transaction being conducted between a first merchant computing device and the user, the data comprising information regarding the first pending transaction and information provided to the first merchant computing device to identify the user account; identifying, by the user computing device, a first financial account from among the plurality of financial accounts to use as the selected financial account for the first pending transaction based at least in part on the instrument selection model and the first pending transaction data; receiving, by the user computing device, an input of a selection of an alternate financial account to use instead of the first financial account as the selected financial account for the first pending transaction; logging, by the user computing device, the data associated with the first pending transaction and the alternate financial account; modifying, by the user computing device, the instrument selection model for the user account based on the selection of the alternate financial account and the data associated with the first pending transaction; receiving, by the user computing device, data associated with a subsequent pending transaction with a subsequent merchant, the subsequent pending transaction being conducted between a subsequent merchant computing device and the user, the subsequent transaction data comprising information regarding the subsequent pending transaction and information provided to the subsequent merchant computing device to identify the user account; and executing, by the user computing device, the modified updated instrument selection model to identify the alternate financial account to use as the selected financial account for the subsequent pending transaction instead of the first financial account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A computer program product, comprising:
a non-transitory computer-readable storage device having computer-executable program instructions embodied thereon that when executed by a computer cause the computer to select payment instruments for financial card transactions, the computer-executable program instructions comprising instructions to; associate a plurality of financial accounts with a user account, the user account being maintained by a user computing device; establish a card selection model for the user account based on configuration data received from a user associated with the user account, wherein the card selection model comprises information for identifying a particular financial account from among the plurality of financial accounts to use as a backing instrument for a transaction using the user account; receive data associated with a first pending transaction with a first merchant, the first pending transaction being conducted between a first merchant computing device and the user, the data comprising information regarding the first pending transaction and information provided to the first merchant computing device to identify the user account; identify a first financial account from among the plurality of financial accounts to use as the backing instrument for the first pending transaction based at least in part on the card selection model and the first pending transaction data; receive an input of a selection of an alternate financial account to use instead of the first financial account as the backing instrument for the first pending transaction; log the data associated with the first pending transaction and the selected, alternate financial account; modify the card selection model for the user account based on the selection of the alternate financial account and the data associated with the first pending transaction; receive data associated with a subsequent pending transaction with a subsequent merchant, the subsequent pending transaction being conducted between a subsequent merchant computing device and the user, the subsequent transaction data comprising information regarding the subsequent pending transaction and information provided to the subsequent merchant computing device to identify the user account; and execute the modified card selection model to identify the alternate financial account to use as the backing instrument for the subsequent pending transaction instead of the first financial account. - View Dependent Claims (12, 13, 14, 15, 16, 17)
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18. A system to select payment instruments for card transactions comprising:
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a storage resource; and a processor communicatively coupled to the storage resource, wherein the processor executes application code instructions that are stored in the storage resource to cause the system to; associate a plurality of financial accounts with a user account, the user account being maintained by the processor; establish a model for the user account based on configuration data received from a user associated with the user account, wherein the model comprises information for identifying a particular financial account from among the plurality of financial accounts to use as a backing instrument for a transaction using the user account; receive data associated with a first pending transaction with a first merchant, the first pending transaction being conducted between a first merchant computing device and the user, the data comprising information regarding the first pending transaction and information provided to the first merchant computing device to identify the user account; identify a first financial account from among the plurality of financial accounts to use as the backing instrument for the first pending transaction based at least in part on the model and the first pending transaction data; receive an input of a selection of an alternate financial account to use instead of the first financial account as the backing instrument for the first pending transaction; log the data associated with the first pending transaction and the alternate financial account; modify the model for the user account based on the selection of the alternate financial account and the data associated with the first pending transaction; receive data associated with a subsequent pending transaction with a subsequent merchant, the subsequent pending transaction being conducted between a subsequent merchant computing device and the user, the subsequent transaction data comprising information regarding the subsequent pending transaction and information provided to the subsequent merchant computing device to identify the user account; and execute the modified model to identify the alternate financial account to use as the backing instrument for the subsequent pending transaction instead of the first financial account. - View Dependent Claims (19, 20, 21)
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Specification