Financial management system categorization utilizing image or video acquired with mobile communication device
First Claim
1. A computer-implemented method, comprising:
- a processor or computing element of a mobile communication deviceexecuting a financial management system application,acquiring a digital image or video of a machine-readable representation of data associated with a specific item offered by a merchant and selected by the consumer before purchase of the specific item by the consumer from the merchant,decoding or scanning the machine-readable representation within the digital image or video to determine data comprising a number or code identifying the specific item, anddetermining the specific item selected by the consumer based at least in part upon the determined number or code;
before purchase of the specific item by the consumer from the merchant, the mobile communication device, by the financial management system application, transmitting identification of the specific item through a network to a computer hosting a financial management system that is linked to an account the consumer has with a financial institution and that is utilized by the consumer to manage the consumer'"'"'s finances;
the computer, by the financial management system,determining a category of the specific item, determining budget data for the determined category, andtransmitting the budget data to the mobile communication device; and
the mobile communication device, by the financial management system application, displaying the budget data to the user.
1 Assignment
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Accused Products
Abstract
Systems, methods and computer program products for item categorization. A mobile communication device such as a smartphone is utilized by a consumer to acquire an image or video of a barcode or other machine readable indicia associated with an item. The image or video is processed to identify read or scan the barcode to determine corresponding numerical data or a code, which is used to identify the specific item selected by the consumer for purchase from a merchant. The identified specific item (or image or video or associated data) is transmitted from the mobile communication device to a computer hosting a financial management system, which categorizes the item and update or generates financial reports or summaries reflecting the recent categorization data. Reports or summaries such as category or item-based budget reports can be transmitted to and displayed on a screen of the mobile communication device.
48 Citations
27 Claims
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1. A computer-implemented method, comprising:
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a processor or computing element of a mobile communication device executing a financial management system application, acquiring a digital image or video of a machine-readable representation of data associated with a specific item offered by a merchant and selected by the consumer before purchase of the specific item by the consumer from the merchant, decoding or scanning the machine-readable representation within the digital image or video to determine data comprising a number or code identifying the specific item, and determining the specific item selected by the consumer based at least in part upon the determined number or code; before purchase of the specific item by the consumer from the merchant, the mobile communication device, by the financial management system application, transmitting identification of the specific item through a network to a computer hosting a financial management system that is linked to an account the consumer has with a financial institution and that is utilized by the consumer to manage the consumer'"'"'s finances; the computer, by the financial management system, determining a category of the specific item, determining budget data for the determined category, and transmitting the budget data to the mobile communication device; and the mobile communication device, by the financial management system application, displaying the budget data to the user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A computer-implemented method, comprising:
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a mobile communication device executing a financial management system application, acquiring a digital image or video of a machine-readable representation of data associated with a specific item offered by a merchant and selected by the consumer before purchase of the specific item by the consumer from the merchant, and decoding or scanning the machine-readable representation within the digital image or video to determine data comprising a number or code identifying the specific item; before purchase of the specific item by the consumer from the merchant, the mobile communication device, by the financial management system application, transmitting machine-readable representation data through a network to a computer hosting a financial management system that is linked to an account the consumer has with a financial institution and that is utilized by the consumer to manage the consumer'"'"'s finances; and the computer, by the financial management system, determining the specific item selected by the consumer based at least in part upon the determined number or code, determining a category of the specific item, determining budget data for the determined category, and transmitting the budget data to the mobile communication device; and the mobile communication device, by the financial management system application, displaying the budget data to the user. - View Dependent Claims (22)
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23. A computer-implemented method, comprising:
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a processor or computing element of a mobile communication device executing a financial management system application, and acquiring a digital image or video of a machine-readable representation of data associated with a specific item offered by a merchant and selected by the consumer before purchase of the specific item by the consumer from the merchant; before purchase of the specific item by the consumer from the merchant, the mobile communication device, by the financial management system application, transmitting the digital image or video to a computer hosting a financial management system that is linked to an account the consumer has with a financial institution and that is utilized by the consumer to manage the consumer'"'"'s finances; the computer, by the financial management system, decoding or scanning the machine-readable representation within the digital image or video to determine data comprising a number or code, determining the specific item selected by the consumer based at least in part upon the determined number or code, determining a category of the specific item, determining budget data for the determined category, and transmitting the budget data to the mobile communication device; and the mobile communication device, by the financial management system application, displaying the budget data to the user. - View Dependent Claims (24)
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25. A computer-implemented method, comprising:
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a mobile communication device executing a financial management system application, and acquiring a digital image or video of a machine-readable representation of data associated with a specific item offered by a merchant and selected by the consumer before purchase of the specific item by the consumer from the merchant; and before purchase of the specific item by the consumer from the merchant, the mobile communication device, by the financial management system application, transmitting machine-readable representation data through a network to a computer hosting a financial management system that is linked to an account the consumer has with a financial institution and that is utilized by the consumer to manage the consumer'"'"'s finances; the computer, by the financial management system, decoding or scanning the machine-readable representation within the digital image or video to determine data comprising a number or code, determining the specific item selected by the consumer based at least in part upon the determined number or code, determining a category of the specific item, determining budget data for the determined category, and transmitting the budget data to the mobile communication device; the mobile communication device, by the financial management system application, displaying the budget data to the user the mobile communication device acquiring additional digital images or videos of respective machine-readable representations of respective data associated with respective specific items offered by a merchant and selected by the consumer for purchase from the same merchant, the respective digital images or videos being acquired with the mobile communication device before respective specific items are purchased by the consumer, and transmitting respective machine-readable representation data to the computer hosting the financial management system; and the computer, by the financial management system, determining respective categories of respective additional specific items. - View Dependent Claims (26, 27)
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Specification