Interactive banking using multiple checking accounts

Patent metadata

Field	Value
Publication number	US-11574359-B1
Application number	US-201816044370-A
Country	US
Kind code	B1
Filing date	Jul 24, 2018
Priority date	Jul 25, 2017
Publication date	Feb 7, 2023
Grant date	Feb 7, 2023

Abstract

A financial institution computing system associated with a financial institution includes an account management circuit. The account management circuit is configured to receive, by the network interface, a customer request to establish a checking account at the financial institution, create first and second checking accounts for the customer, the first checking account having a payment card associated therewith, the second checking account not having any payment cards associated therewith, receive, by the network interface, information regarding a funding amount for the first and second payment accounts, receive, by the network interface, information regarding a first expense of the customer, and fund the second account with a first portion of the funding amount based on the information regarding the first expense.

First claim

What is claimed is:

1. A financial institution computing system associated with a financial institution, comprising:
a network interface configured to communicate data over a network;
an accounts database configured to store information regarding a plurality of accounts associated with a plurality of customers of the financial institution; and
an account management circuit configured to:
establish, via the network interface, a connection with a financial institution client application of a mobile device associated with a customer;
receive, by the network interface and via the financial institution client application, a customer request to establish an account at the financial institution;
activate, via the network interface and via the financial institution client application, a camera of the mobile device associated with the customer;
query, via the network interface and via the financial institution client application, the mobile device to receive an image of an identification form of the customer;
receive, via the network interface and via the camera, the image of the identification form of the customer;
in response to receiving the image, analyze the image and determine that the image includes a signature associated with the customer based on the analysis;
in response to determining that the image includes the signature associated with the customer, verify an identity of the customer and create a first and a second checking account for the customer, the first checking account having a payment card associated therewith, the second checking account not having any payment cards associated therewith;
receive, by the network interface and via the financial institution client application, information regarding a funding amount for the first and second checking accounts;
receive, by the network interface and via the financial institution client application, information regarding a first expense of the customer by:
providing a first graphical user interface (GUI) to the mobile device associated with the customer;
receiving, via the first GUI, an indication of an identity of an entity associated with the first expense and an indication of an account of the customer at the entity; and
querying a computing system associated with the entity using the indication of the account to receive an amount and a due date of the first expense;

fund the second checking account with a first portion of the funding amount based on the amount and the due date of the first expense;
in response to funding the second checking account, generate and provide a second GUI to the mobile device associated with the customer via the financial institution client application, wherein the second GUI comprises a first selectable feature associated with a total account balance and a second selectable feature associated with a dialogue box;
in response to receiving an indication of a selection of the first selectable feature, generate and provide a third GUI to the mobile device associated with the customer via the financial institution client application, wherein the third GUI comprises a third selectable feature associated with funds that have yet to be allocated to the first checking account or to the second checking account;
in response to receiving an indication of a selection of the third selectable feature, generate and provide a fourth GUI to the mobile device associated with the customer via the financial institution client application, wherein the fourth GUI comprises a first graphical representation of an indication of funds allocated to the first checking account, a second graphical representation of an indication of funds allocated to the second checking account, a third graphical representation of an indication of funds that have yet to be allocated, and a fourth selectable feature associated with the funds that have yet to be allocated;
receive, via the fourth GUI, an indication of a selection of the fourth selectable feature on the fourth GUI that causes a movement of a corresponding amount of funds that have yet to be allocated to the first checking account, wherein the movement of the funds causes a dynamic adjustment of a numerical indicator associated with the third graphical representation;
in response to receiving an indication of a selection of the second selectable feature associated with the dialogue box, generate and provide a fifth GUI to the mobile device associated with the customer via the financial institution client application, wherein the fifth GUI comprises a commonly used functionality portion;
parse an activity log of the mobile device associated with the customer, wherein the activity log includes a plurality of selectable functionalities;
determine, based on the activity log, an amount of use of each functionality of the plurality of selectable functionalities within a predetermined period of time;
dynamically update, via the network interface and via the financial institution client application, based on the determined amount of use of each functionality, the commonly used functionality portion of the fifth GUI to display a subset of the plurality of selectable functionalities that have been used more than a predefined amount within the predetermined period of time;
receive, via the network interface and via the financial institution client application, an indication to provision the first checking account to a mobile wallet application of the mobile device associated with the customer after the movement of the funds; and
link, via the network interface, to the mobile wallet application and one of: (i) tokenize an account number associated with the first checking account and transmit the tokenized account number to the linked mobile wallet application to provision the first checking account to the mobile wallet application; or (ii) facilitate a tokenization of the first checking account to the linked mobile wallet application.

2. The financial institution computing system of claim 1 , wherein the account management circuit is further configured to:
receive, by the network interface and via the financial institution client application, a spending limit from the customer; and
fund the first checking account with a second portion of the funding amount based on the spending limit.

3. The financial institution computing system of claim 1 , wherein the account management circuit is further configured to:
receive, by the network interface and via the financial institution client application, information regarding a second expense of the customer; and
allocate the first portion of the funding amount between the first and second expenses of the customer.

4. The financial institution computing system of claim 3 , wherein the allocation is based on at least one of due dates of the first and second customer expenses, amounts of the first and second customer expenses, and the funding amount.

5. The financial institution computing system of claim 4 , wherein the account management circuit is further configured to:
determine that the amounts of the first and second customer expenses are greater than the first portion of the funding amount; and
in response to the determination, transmit, by the network interface, a notification to the mobile device associated with the customer.

6. The financial institution computing system of claim 4 , wherein the account management circuit is further configured to:
receive, by the network interface and via the financial institution client application, a first customer allocation preference indicating a customer-preferred allocation of the first portion of the funding amount between the first and second customer expenses; and
adjust the customer-preferred allocation based on the first customer allocation preference.

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Assignees

• Wells Fargo Bank Na

Inventors

• Ball Deborah M
• Carr Susanne
• Ellis Stephen M
• Han Lei
• Mangot Margaret
• Roumiantsev Stanislav
• Shetti Abhijit
• Shoff Brad J

Classifications

• G06Q40/02 Primary

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

• G06Q20/326

  Payment applications installed on the mobile devices · CPC title

• G06Q20/3223

  Realising banking transactions through M-devices · CPC title

• G06Q20/227

  characterised in that multiple accounts are available, e.g. to the payer · CPC title

• G06Q20/102

  Bill distribution or payments · CPC title