Method and apparatus for monitoring and verifying a transfer of financial settings
First Claim
1. A method executed by a computer system that includes a processor for resolving errors for transferred financial settings, comprising:
- upon receiving a transfer request, transferring a scheduled future transaction from an initial account to a destination account by transferring a set of financial settings that describe the scheduled future transaction to the destination account;
detecting an anomalous transaction in the initial account subsequent to the transfer;
analyzing the anomalous transaction and the transferred financial settings to identify a discrepancy for the transferred scheduled future transaction; and
automatically resolving the cause of the identified discrepancy by performing one or more of the following operations;
repeating the transfer of the set of financial settings from the initial account to the destination account;
adjusting or deleting a parameter in the initial account that is associated with the scheduled future transaction; and
adjusting a parameter in the destination account that is associated with the scheduled future transaction.
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Accused Products
Abstract
One embodiment of the present invention provides a system that monitors and verifies a transfer of financial settings. During operation, the system receives a request to transfer a set of financial settings from an initial account to a destination account. In response to the transfer request, the system transfers the financial settings and then monitors the initial account following the transfer to determine whether any subsequent transactions occur. If so, the system analyzes each subsequent transaction to determine whether the subsequent transaction is associated with the transferred financial settings. By monitoring and analyzing subsequent transactions, the system verifies the success of the transfer.
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Citations
18 Claims
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1. A method executed by a computer system that includes a processor for resolving errors for transferred financial settings, comprising:
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upon receiving a transfer request, transferring a scheduled future transaction from an initial account to a destination account by transferring a set of financial settings that describe the scheduled future transaction to the destination account; detecting an anomalous transaction in the initial account subsequent to the transfer; analyzing the anomalous transaction and the transferred financial settings to identify a discrepancy for the transferred scheduled future transaction; and automatically resolving the cause of the identified discrepancy by performing one or more of the following operations; repeating the transfer of the set of financial settings from the initial account to the destination account; adjusting or deleting a parameter in the initial account that is associated with the scheduled future transaction; and adjusting a parameter in the destination account that is associated with the scheduled future transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 17)
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11. A computer-readable storage medium storing instructions that when executed by a computer cause the computer to perform a method for resolving errors for transferred financial settings, the method comprising:
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upon receiving a transfer request, transferring a scheduled future transaction from an initial account to a destination account by transferring a set of financial settings that describe the scheduled future transaction to the destination account; detecting an anomalous transaction in the initial account subsequent to the transfer; analyzing the anomalous transaction and the transferred financial settings to identify a discrepancy for the transferred scheduled future transaction; and automatically resolving the cause of the identified discrepancy by performing one or more of the following operations; repeating the transfer of the set of financial settings from the initial account to the destination account; adjusting or deleting a parameter in the initial account that is associated with the scheduled future transaction; and adjusting a parameter in the destination account that is associated with the scheduled future transaction. - View Dependent Claims (12, 13, 14, 15, 16)
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18. A computing device that includes a processor that resolves errors for transferred financial settings, wherein the processor comprises:
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a transfer mechanism configured to, upon receiving a transfer request, transfer a scheduled future transaction from an initial account to a destination account by transferring a set of financial settings that describe the scheduled future transaction to the destination account; a monitoring mechanism configured to detect an anomalous transaction in the initial account subsequent to the transfer; and an analysis mechanism configured to analyze the anomalous transaction and the transferred financial settings to identify a discrepancy for the transferred scheduled future transaction; wherein the analysis mechanism is further configured to automatically resolve the cause of the identified discrepancy by performing one or more of the following operations; repeating the transfer of the set of financial settings from the initial account to the destination account; adjusting or deleting a parameter in the initial account that is associated with the scheduled future transaction; and adjusting a parameter in the destination account that is associated with the scheduled future transaction.
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Specification