Itemized receipt tracking system

• US 7,783,515 B1
• Filed: 03/27/2009
• Issued: 08/24/2010
• Est. Priority Date: 03/27/2009
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Kumar, Puneet, Cincera, Matthew Brian, Ghosh, Debashis, Banerjee, Sudeshna
• Primary Examiner(s): Zeender, F. Ryan
• Assistant Examiner(s): ORTIZ ROMAN, DENISSE Y
• Application Number:
  US12/413,324
• Time in Patent Office: 515 Days
• Field of Search: None
• US Class Current: 705/16
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/047 using payment protocols involving electronic receipts
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Embodiments of the present invention are directed to apparatuses, systems, methods, and computer program products for: (1) receiving transaction data from a transaction involving a consumer, where the transaction data comprises product-level information; (2) storing the transaction data in memory; and/or (3) posting the transaction data to an account accessible to the consumer.

Claims

1. A method comprising:

receiving an itemized receipt from a transaction involving a consumer, wherein the itemized receipt comprises product-level information, and wherein the consumer is a customer of a bank;

storing the product-level information in memory;

posting, using a processor, the product-level information to an online banking account that is controlled by the bank and accessible to the consumer; and

assigning, using a processor, the product-level information to a corresponding transaction posted to the online banking account.

2. The method of claim 1, wherein the itemized receipt comprises merchant-level information and the corresponding transaction comprises merchant-level information, and wherein assigning the product-level information to the corresponding transaction posted to the online banking account further comprises:

assigning the product-level information to the corresponding transaction based at least partially on a comparison of the merchant-level information in the itemized receipt to the merchant-level information in the corresponding transaction.

3. The method of claim 1, wherein the itemized receipt comprises transaction amount-level information and the corresponding transaction comprises transaction amount-level information, and wherein assigning the product-level information to the corresponding transaction posted to the online banking account further comprises:

assigning the product-level information to the corresponding transaction based at least partially on a comparison of the transaction amount-level information in the itemized receipt to the transaction amount-level information in the corresponding transaction.

4. The method of claim 1, wherein posting the product-level information to the online banking account further comprises:

posting the product-level information proximate to the corresponding transaction.

5. The method of claim 1, wherein the itemized receipt comprises a physical receipt printed on paper.

6. The method of claim 1, wherein receiving the itemized receipt further comprises:

receiving the itemized receipt from the consumer.

7. The method of claim 1, further comprising:

determining a trend in consumer behavior based at least partially on the product-level information.

8. The method of claim 1, wherein storing the product-level information in memory further comprises:

storing the product-level information in memory such that a record is created of specific products purchased by the consumer over a period of time.

9. The method of claim 1, further comprising:

organizing the product-level information in the online banking account by spending category.

10. The method of claim 1, wherein the product-level information comprises one or more codes that uniquely identify one or more products involved in the transaction.

11. The method of claim 1, wherein the product-level information comprises at least one of a product description, a product quantity, or a product price.

12. The method of claim 1, wherein posting the product-level information to the online banking account further comprises:

posting, proximate to the corresponding transaction, a path to view at least one of the product-level information or the itemized receipt.

13. The method of claim 1, wherein posting the product-level information to the online banking account further comprises:

configuring the corresponding transaction as a path to view at least one of the product-level information or the itemized receipt.

14. The method of claim 1, further comprising:

collecting, using a processor, the product-level information from the itemized receipt.

15. The method of claim 1, wherein the itemized receipt comprises an electronic representation of the itemized receipt.

16. The method of claim 1, wherein posting the product-level information to the online banking account further comprises:

posting, proximate to the corresponding transaction, an electronic representation of the itemized receipt.

17. The method of claim 1, wherein receiving the itemized receipt further comprises:

receiving an electronic representation of the itemized receipt via the online banking account.

18. The method of claim 17, wherein receiving the electronic representation of the itemized receipt via the online banking account further comprises:

receiving, at the online banking account, the electronic representation of the itemized receipt, wherein the electronic representation of the itemized receipt has been uploaded from a computer to the online banking account using a file-upload field included in the online banking account.

19. A system comprising:

a communication interface configured to receive an itemized receipt from a transaction involving a consumer, wherein the itemized receipt comprises product-level information, and wherein the consumer is a customer of a bank; and

a processor operatively connected to the communication interface and configured to;

post the product-level information to an online banking account that is controlled by the bank and accessible to the consumer; and

assign the product-level information to a corresponding transaction posted to the online banking account.

20. The system of claim 19, wherein the itemized receipt comprises a physical receipt printed on paper.

21. The system of claim 19, wherein an automated teller machine (ATM) comprises the communication interface.

22. The system of claim 19, wherein the itemized receipt comprises merchant-level information and the corresponding transaction comprises merchant-level information, and wherein the processor is configured to assign the product-level information to the corresponding transaction based at least partially on a comparison of the merchant-level information in the itemized receipt to the merchant-level information in the corresponding transaction.

23. The system of claim 19, wherein the itemized receipt comprises transaction amount-level information and the corresponding transaction comprises transaction amount-level information, and wherein the processor is configured to assign the product-level information to the corresponding transaction based at least partially on a comparison of the transaction amount-level information in the itemized receipt to the transaction amount-level information in the corresponding transaction.

24. The system of claim 19, wherein the processor is configured to post the product-level information to the online banking account by posting the product-level information proximate to the corresponding transaction.

25. The system of claim 19, wherein the processor is configured to post the product-level information to the online banking account by posting, proximate to the corresponding transaction, a path to view at least one of the product-level information or the itemized receipt.

26. The system of claim 19, wherein the processor is configured to post the product-level information to the online banking account by configuring the corresponding transaction as a path to view at least one of the product-level information or the itemized receipt.

27. The system of claim 19, wherein the processor is further configured to collect the product-level information from the itemized receipt.

28. The system of claim 19, wherein the processor is further configured to determine a trend in consumer behavior based at least partially on the product-level information.

29. The system of claim 19, wherein the processor is further configured to organize the product-level information in the online banking account by spending category.

30. The system of claim 19, wherein the itemized receipt comprises an electronic representation of the itemized receipt.

31. The system of claim 19, wherein the communication device is configured to receive the itemized receipt from the consumer.

32. The system of claim 19, wherein the processor is configured to post the product-level information to the online banking account by posting, proximate to the corresponding transaction, an electronic representation of the itemized receipt.

33. The system of claim 19, wherein the communication interface is configured to receive the itemized receipt by receiving an electronic representation of the itemized receipt via the online banking account.

34. The system of claim 33, wherein the communication interface is configured receive the electronic representation of the itemized receipt via the online banking account by receiving, at the online banking account, the electronic representation of the itemized receipt, wherein the electronic representation of the itemized receipt has been uploaded from a computer to the online banking account using a file-upload field included in the online banking account.

35. A computer program product comprising a computer-readable storage medium having computer-executable program code portions stored therein, the computer-executable program code portions comprising:

a first program code portion configured to receive an itemized receipt from a transaction involving a consumer, wherein the itemized receipt comprises product-level information, and wherein the consumer is a customer of a bank;

a second program code portion configured to store the product-level information in memory;

a third program code portion configured to post the product-level information to an online banking account controlled by the bank and accessible to the consumer; and

a fourth program code portion configured to assign the product-level information to a corresponding transaction posted to the online banking account.

36. The computer program product of claim 35, wherein the third program code portion is configured to post the product-level information to the online banking account by posting the product-level information proximate to the corresponding transaction.

37. The computer program product of claim 35, wherein the third program code portion is configured to post the product-level information to the online banking account by posting, proximate to the corresponding transaction, an electronic representation of the itemized receipt.

38. The computer program product of claim 35, wherein the first program code portion is configured to receive the itemized receipt by receiving an electronic representation of the itemized receipt via the online banking account.

39. The computer program product of claim 35, wherein the itemized receipt comprises a physical receipt printed on paper.

40. The computer program product of claim 35, wherein the itemized receipt comprises an electronic representation of the itemized receipt.

41. The computer program product of claim 35, wherein the first program code portion is configured to receive the itemized receipt from the consumer.

42. The computer program product of claim 35, further comprising:

a fifth program code portion configured to collect the product-level information from the itemized receipt.

43. The computer program product of claim 35, wherein the third program code portion is configured to post the product-level information to the online banking account by posting, proximate to the corresponding transaction, a path to view at least one of the product-level information or the itemized receipt.

44. The computer program product of claim 35, wherein the third program code portion is configured to post the product-level information to the online banking account by configuring the corresponding transaction as a path to view at least one of the product-level information or the itemized receipt.

45. The computer program product of claim 35, further comprising:

a fifth program code portion configured to organize the product-level information in the online banking account by spending category.