Future resource forecast

Patent metadata

Field	Value
Publication number	US-10235718-B2
Application number	US-201514723381-A
Country	US
Kind code	B2
Filing date	May 27, 2015
Priority date	May 28, 2014
Publication date	Mar 19, 2019
Grant date	Mar 19, 2019

Abstract

Embodiments relate to methods and systems for providing specific GUIs based on real-time data and projected data, such as for management of financial resources in view of future resource forecasts. In an embodiment, a method comprises receiving, electronically by a processor, user data comprising financial source data, income data and expenses data. The method also comprises determining, electronically by the processor, spendable resources based on the received user data. The method also comprises receiving, electronically by the processor, user inputs via an interactive interface of a user device comprising desired expense information. The method further comprises determining, electronically by the processor, an impact of the desired expense information on the spendable resources. And the method also comprises causing to be displayed, electronically by the processor, content associated with the impact on the user device.

First claim

The invention claimed is:

1. A system comprising:
a non-transitory memory; and
one or more hardware processors coupled to the non-transitory memory and configured to read instructions from the non-transitory memory to cause the system to perform operations comprising:
providing an application on a mobile device of a user for performing mobile payment transactions for the user;
receiving, via the application, user credentials corresponding to a funding source associated with an entity;
in response to the receiving, establishing a link with the funding source by accessing a server associated with the entity;
obtaining user financial data associated with the funding source based at least on the established link, wherein the user financial data comprises a current balance of the funding source, income data representing one or more projected incomes for the funding source within a first time period, and expense data representing one or more projected expenses for the funding source within the first time period;
determining, based on the user financial data, a first projected spendable resource from the funding source according to a first projected time frame by computing a first projected impact of the income data and the expense data on the funding source within the first projected time frame;
determining, based on the user financial data, a second projected spendable resource from the funding source according to a second projected time frame by computing a second projected impact of the income data and the expense data on the funding source within the second projected time frame;
providing, through the application executed on the mobile device, an interactive interface comprising a presentation area that simultaneously presents the first and second projected spendable resources and an input interface that enables the user to submit desired expense information related to a potential purchase, wherein the presentation area comprises a first graphical element representing the first projected spendable resource and a second graphical element representing the second projected spendable resource, wherein the first graphical element has a first size corresponding to a first amount of the first projected spendable resource and the second graphical element has a second size corresponding to a second amount of the second projected spendable resource;
receiving, by the application via the interactive interface, the desired expense information related to the potential purchase, wherein the desired expense information comprises a cost of an item, and an intended purchase date; and
in response to receiving the desired expense information, automatically adjusting the first and second sizes of the first graphical element and the second graphical element, respectively, presented on the interactive interface to reflect determined impacts of the desired expense information on the first projected spendable resource and the second projected spendable resource;
in response to determining that the determined impacts of the desired expense information comprise at least one of a first negative projected spendable resource or a second negative projected spendable resource, (i) providing, on the interactive interface, an alert indicating a modified intended purchase date for the potential purchase and (ii) presenting an interactive element on the interactive interface for performing a payment transaction based on the desired expense information and the modified intended purchase date, wherein an impact of purchasing the item on the modified intended purchase date comprises a first positive projected spendable resource and a second positive projected spendable resource; and
in response to receiving a user input via the interactive element, scheduling a processing of the payment transaction using the linked funding source based on the cost and the modified intended purchase date.

2. The system of claim 1 , wherein the income data comprises at least one income amount having an associated frequency.

3. The system of claim 1 , wherein the first amount of the first projected spendable resource represents an amount left in the funding source when the first projected time frame ends.

4. The system of claim 1 , wherein the expense data comprises at least one recurring expense amount having an associated frequency.

5. The system of claim 1 , wherein the user financial data further comprises an account number and a transaction history of the funding source.

6. The system of claim 1 , wherein the operations further comprise prompting, via the interactive interface the user to enter, via the input interface, a dollar amount and a date on which the dollar amount is to be spent.

7. The system of claim 1 , wherein the adjusted first and second graphical elements indicate whether the desired expense information is or is not affordable, or that the desired expense information is affordable at a later time.

8. A method comprising:
receiving, via an application on a mobile device of a user configured to perform mobile payment transactions for the user, user credentials corresponding to a funding source associated with an entity;
in response to the receiving, establishing, by the one or more hardware processors, a link with the funding source by accessing a server associated with the entity;
obtaining, by the one or more hardware processors, user financial data associated with the funding source based at least in part on the established link, wherein the user financial data comprises a current balance of the funding source, income data representing one or more projected incomes for the funding source within a first time period, and expenses data representing one or more projected expenses for the funding source within the first time period;
determining, by the one or more hardware processors based on the user financial data, a first projected spendable resource according to a first projected time frame by computing a first projected impact of the income data and the expense data on the funding source within the first projected time frame;
determining, based on the user financial data, a second projected spendable resource from the funding source according to a second projected time frame by computing a second projected impact of the income data and the expense data on the funding source within the second projected time frame;
providing, by the one or more hardware processors through the application executed on the device, an interactive interface comprising a presentation area that simultaneously presents the first and second projected spendable resources and an input interface that enables the user to submit desired expense information related to a potential purchase, wherein the presentation area comprises a first graphical element representing the first projected spendable resource and a second graphical element representing the second projected spendable resource, wherein the first graphical element has a first size corresponding to a first amount of the first projected spendable resource and the second graphical element has a second size corresponding to a second amount of the second projected spendable resource;
receiving, by the one or more hardware processors via the interactive interface of the application, the desired expense information related to the potential purchase, wherein the desired expense information comprises a cost of an item and an intended purchase date;
in response to receiving the desired expense information, automatically adjusting, by the one or more hardware processors, the first and second sizes of the first graphical element and the second graphical element, respectively, presented on the interactive interface to reflect determined impacts of the desired expense infor

Assignees

• Paypal Inc

Inventors

• Sukthanker Chetan
• Serrano Michelle
• Van Scherpe April

Classifications

• G06Q40/02

  Banking, e.g. interest calculation or account maintenance (credit or loans G06Q40/03) · CPC title

• G06Q20/04

  Payment circuits · CPC title

• G06Q20/10

  specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems · CPC title

• G06Q40/12 Primary

  Accounting · CPC title

• G06Q30/06

  Buying, selling or leasing transactions · CPC title