System for sending digital requests for resource transfers

• US 10,805,424 B2
• Filed: 09/11/2017
• Issued: 10/13/2020
• Est. Priority Date: 06/29/2017
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Doran, Daniel Paul, Henry, Dean Lyons, Ahuja, Anand
• Primary Examiner(s): Vu, Viet D
• Application Number:
  US15/700,233
• Publication Number:
  US 20190007519A1
• Time in Patent Office: 1,128 Days
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: H04L 63/20 for managing network security; network security policies in general filtering policies H04L63/0227
• CPC Class Codes: H04L 67/53 using third party service providers
• CPC Class Codes: H04L 67/60 Scheduling or organising the servicing of application requests, e.g. requests for application data transmissions using the analysis and optimisation of the required network resources admission control or resource allocation H04L47/70
• CPC Class Codes: H04L 67/63 Routing a service request depending on the request content or context

Abstract

The invention provides a gateway system for sending and coordinating digital requests for resource transfers amongst various computing systems. Typically, the various computing systems are configured to operate on different hardware and/or software platforms. Accordingly, the gateway system communicates with the various computing systems via an API, which provides an efficient way to coordinate resource transfers amongst the various computing systems while ensuring present and future compatibility with the various platforms during the resource transfer process.

Claims

1. A gateway system for sending digital requests for resource transfers, comprising:

a processor;

a communication interface; and

a memory having a gateway application stored therein, wherein the gateway application, when executed by the processor, causes the processor to;

read, using a data analytics engine, historical data associated with a user;

predict, based on the historical data associated with the user, that the user wishes to transmit a resource transfer request to a recipient at a predicted time;

prompt the user to confirm transmission of the resource transfer request to the recipient at the predicted time;

receive, from a user computing system associated with the user, confirmation of the transmission of the resource transfer request at the predicted time;

send, over a network, the resource transfer request to a recipient computing system associated with the recipient at the predicted time;

read, using the data analytics engine, historical data associated with the recipient;

predict, based on the historical data associated with the recipient, that the recipient wishes to use a first resource platform;

prompt the recipient to confirm a selection of the first resource platform;

receive, over the network, confirmation of the selection of the first resource platform from the recipient computing system;

open a secure communication channel with a first third party computing system, wherein the first third party computing system is associated with the first resource platform;

detect that the first resource platform does not meet requirements to complete the resource transfer request;

based on detecting that the first resource platform does not meet the requirements to complete the resource transfer request, automatically, via a smart contract, select a second resource platform to complete the resource transfer request; and

execute, using the second resource platform, a resource transfer according to the resource transfer request.

2. The system according to claim 1, wherein the gateway application further causes the processor to open a secure communication channel with a second third party computing system.

3. The system according to claim 2, wherein executing the resource transfer comprises transferring a resource from an account associated with the recipient to an account associated with the user, wherein the account associated with the recipient is associated with the first third party computing system, wherein the account associated with the user is associated with the second third party computing system.

4. The system according to claim 1, wherein the resource transfer request comprises an interactive link that, when selected by the recipient, provides the recipient with access to the gateway application.

5. A computer program product for sending digital requests for resource transfers, the computer program product comprising at least one non-transitory computer readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion for reading, using a data analytics engine, historical data associated with a user;

an executable portion for predicting, based on the historical data associated with the user, that the user wishes to transmit a resource transfer request to a recipient at a predicted time;

an executable portion for prompting the user to confirm transmission of the resource transfer request to the recipient at the predicted time;

an executable portion for receiving, from a user computing system associated with a user, confirmation of the transmission of the resource transfer request at the predicted time;

an executable portion for sending, over a network, the resource transfer request to a recipient computing system associated with the recipient at the predicted time;

an executable portion for reading, using the data analytics engine, historical data associated with the recipient;

an executable portion for predicting, based on the historical data associated with the recipient, that the recipient wishes to use a first resource platform;

an executable portion for prompting the recipient to confirm a selection of the first resource platform;

an executable portion for receiving, over the network, confirmation of the selection of the first resource platform from the recipient computing system;

an executable portion for opening a secure communication channel with a first third party computing system, wherein the first third party computing system is associated with the first resource platform;

an executable portion for detecting that the first resource platform does not meet requirements to complete the resource transfer request;

an executable portion for, based on detecting that the first resource platform does not meet the requirements to complete the resource transfer request, automatically, via a smart contract, selecting a second resource platform to complete the resource transfer request; and

an executable portion for executing, using the second resource platform, a resource transfer according to the resource transfer request.

6. The computer program product according to claim 5, the computer-readable program code portions further comprising an executable portion for opening a secure communication channel with a second third party computing system.

7. The computer program product according to claim 6, wherein executing the resource transfer comprises transferring a resource from an account associated with the recipient to an account associated with the user, wherein the account associated with the recipient is associated with the first third party computing system, wherein the account associated with the user is associated with the second third party computing system.

8. The computer program product according to claim 5, wherein the resource transfer request comprises an interactive link that, when selected by the recipient, provides the recipient with access to a gateway application.

9. A computer-implemented method for sending digital requests for resource transfers, said method comprising:

reading, using a data analytics engine, historical data associated with a user;

predicting, based on the historical data associated with the user, that the user wishes to transmit a resource transfer request to a recipient at a predicted time;

prompting the user to confirm transmission of the resource transfer request to the recipient at the predicted time;

receiving, from a user computing system associated with the user, confirmation of the transmission of the resource transfer request at the predicted time;

sending, over a network, the resource transfer request to a recipient computing system associated with the recipient at the predicted time;

reading, using the data analytics engine, historical data associated with the recipient predicting, based on the historical data associated with the recipient, that the recipient wishes to use a first resource platform;

prompting the recipient to confirm a selection of the first resource platform;

receiving, over the network, confirmation of the selection of the first resource platform from the recipient computing system;

opening a secure communication channel with a first third party computing system, wherein the first third party computing system is associated with the first resource platform;

detecting that the first resource platform does not meet requirements to complete the resource transfer request;

based on detecting that the first resource platform does not meet the requirements to complete the resource transfer request, automatically, via a smart contract, selecting a second resource platform to complete the resource transfer request; and

executing, using the second resource platform, a resource transfer according to the resource transfer request.

10. The computer-implemented method according to claim 9, the method further comprising opening a secure communication channel with a second third party computing system.

11. The computer-implemented method according to claim 10, wherein executing the resource transfer comprises transferring a resource from an account associated with the recipient to an account associated with the user, wherein the account associated with the recipient is associated with the first third party computing system, wherein the account associated with the user is associated with the second third party computing system.

12. The computer-implemented method according to claim 9, wherein the resource transfer request comprises an interactive link that, when selected by the recipient, provides the recipient with access to a gateway application.