Automatic modification of financial record parameters
First Claim
1. A method comprising:
- receiving, by a financial record processing system having at least one processor, data corresponding to a financial transaction submitted for processing;
generating, by the financial record processing system, an initial transaction record for the financial transaction;
receiving a transaction advice separately and at a different time from the data corresponding to the financial transaction, wherein the transaction advice includes information for a customer affected by the financial transaction;
determining, by the financial record processing system, whether the transaction advice corresponds to the initial transaction record;
in response to determining that the transaction advice corresponds to the initial transaction record;
generating, by the financial record processing system, a transaction case to include the initial transaction record and the transaction advice;
determining, by the financial record processing system, a customer associated with the financial transaction based on information included in the transaction case;
determining a first format based on the determined customer associated with the transaction case, wherein the first format includes a predefined number of characters;
determining, by the financial record processing system, whether a first parameter of the transaction case is formatted according to the first format;
in response to determining that the first parameter of the transaction case is not formatted according to the first format;
automatically modifying, by the financial record processing system, the first parameter to match the first format including the predefined number of characters;
request manual confirmation of the automatic modification of the first parameter; and
in response to not receiving manual confirmation of the automatic modification within a specified amount of time, requesting manual correction of the first parameter;
determining whether a customer-specific parameter is required based on the customer information included in the transaction case; and
in response to determining that a customer-specific parameter is required;
determining whether the customer-specific parameter has been entered in the transaction case; and
in response to determining that the customer-specific parameter has not been entered in the transaction case, prompting for the customer-specific parameter.
1 Assignment
0 Petitions
Accused Products
Abstract
Formatting of data entered and/or stored in a financial transaction record may be automatically corrected or modified to an expected or compatible format. The format in which data is to be stored may be defined by a financial institution processing the transaction and/or a customer affected by the transaction. Format rules may be defined and used to judge whether a transaction record parameter meets the required format. If so, the record parameter may be validated and saved. If, however, the parameter is not formatted according to the rule, the system may automatically revise the value stored in the parameter to satisfy the requirements. According to another aspect, if a transaction record has been modified, manual confirmation of the change may be requested.
-
Citations
17 Claims
-
1. A method comprising:
-
receiving, by a financial record processing system having at least one processor, data corresponding to a financial transaction submitted for processing; generating, by the financial record processing system, an initial transaction record for the financial transaction; receiving a transaction advice separately and at a different time from the data corresponding to the financial transaction, wherein the transaction advice includes information for a customer affected by the financial transaction; determining, by the financial record processing system, whether the transaction advice corresponds to the initial transaction record; in response to determining that the transaction advice corresponds to the initial transaction record; generating, by the financial record processing system, a transaction case to include the initial transaction record and the transaction advice; determining, by the financial record processing system, a customer associated with the financial transaction based on information included in the transaction case; determining a first format based on the determined customer associated with the transaction case, wherein the first format includes a predefined number of characters; determining, by the financial record processing system, whether a first parameter of the transaction case is formatted according to the first format; in response to determining that the first parameter of the transaction case is not formatted according to the first format; automatically modifying, by the financial record processing system, the first parameter to match the first format including the predefined number of characters; request manual confirmation of the automatic modification of the first parameter; and in response to not receiving manual confirmation of the automatic modification within a specified amount of time, requesting manual correction of the first parameter; determining whether a customer-specific parameter is required based on the customer information included in the transaction case; and in response to determining that a customer-specific parameter is required; determining whether the customer-specific parameter has been entered in the transaction case; and in response to determining that the customer-specific parameter has not been entered in the transaction case, prompting for the customer-specific parameter. - View Dependent Claims (2, 3, 4, 5, 6, 7)
-
-
8. An apparatus comprising:
-
a processor; and memory operatively connected to the processor and storing computer readable instructions, that when executed, cause the apparatus to; receive, at a financial institution, data corresponding to a financial transaction submitted for processing; generate an initial transaction record for the financial transaction; receive a transaction advice separately and at a different time from the data corresponding to the financial transaction, wherein the transaction advice includes information for a customer affected by the financial transaction; determine, whether the transaction advice corresponds to the initial transaction record; in response to determining that the transaction advice corresponds to the initial transaction record; generate, a transaction case to include the initial transaction record and the transaction advice; determine, a customer associated with the financial transaction based on information included in the transaction case; determine a first format based on the determined customer associated with the transaction case, wherein the first format includes a predefined number of characters; determine, whether a first parameter of the transaction cases is formatted according to the first format; in response to determining that the first parameter of the transaction case is not formatted according to the first format; automatically modify the first parameter to match the first format including the predefined number of characters; request manual confirmation of the automatic modification of the first parameter; and in response to no receipt of confirmation manual confirmation of the automatic modification within a specified amount of time, request manual correction of the first parameter; determine whether a customer-specific parameter is required based on the customer information included in the transaction case; and in response to determining that the customer-specific parameter is required; determine whether the customer-specific parameter has been entered in the transaction case; and in response to determining that the customer-specific parameter has not been entered in the transaction case, prompt for the customer-specific parameter. - View Dependent Claims (9, 10, 11, 12)
-
-
13. One or more non-transitory computer readable media storing computer readable instructions that, when executed, cause an apparatus to:
-
receive, at a financial institution, data corresponding to a financial transaction submitted for processing; generate an initial transaction record for the financial transaction; receive a transaction advice separately and at a different time from the data corresponding to the financial transaction, wherein the transaction advice includes information for a customer affected by the financial transaction; determine, whether the transaction advice corresponds to the initial transaction record; in response to determining that the transaction advice corresponds to the initial transaction record; generate, a transaction case to include the initial transaction record and the transaction advice; determine, a customer associated with the financial transaction based on information included in the transaction case; determine a first format based on the determined customer associated with the transaction case, wherein the first format includes a predefined number of characters; determine, whether a first parameter of the transaction cases is formatted according to the first format; in response to determining that the first parameter of the transaction case is not formatted according to the first format; automatically modify the first parameter to match the first format including the predefined number of characters; request manual confirmation of the automatic modification of the first parameter; and in response to no receipt of confirmation manual confirmation of the automatic modification within a specified amount of time, request manual correction of the first parameter; determine whether a customer-specific parameter is required based on the customer information included in the transaction case; and in response to determining that the customer-specific parameter is required; determine whether the customer-specific parameter has been entered in the transaction case; and in response to determining that the customer-specific parameter has not been entered in the transaction case, prompt for the customer-specific parameter. - View Dependent Claims (14, 15, 16, 17)
-
Specification