Methods and systems for identifying funds transfer opportunities in electronic media

Patent metadata

Field	Value
Publication number	US-2016180318-A1
Application number	US-201414577131-A
Country	US
Kind code	A1
Filing date	Dec 19, 2014
Priority date	Dec 19, 2014
Publication date	Jun 23, 2016
Grant date	—

Abstract

A method for identifying a funds transfer opportunity in an electronic media accessed by a mobile device may include monitoring the electronic media for the funds transfer opportunity, identifying the funds transfer opportunity in the electronic media, and outputting indication for the funds transfer opportunity in the electronic media. The method may further include receiving confirmation to instantiate a funds transfer based on the indicated funds transfer opportunity on the mobile device and instantiating the funds transfer based on the received confirmation.

First claim

What is claimed is:

1 . A method for identifying a funds transfer opportunity in an electronic media accessed by a mobile device, comprising:
monitoring, by the mobile device, the electronic media for the funds transfer opportunity; identifying, by the mobile device, the funds transfer opportunity in the electronic media; outputting, by the mobile device, indication for the funds transfer opportunity in the electronic media; receiving, by the mobile device, confirmation to instantiate a funds transfer based on the indicated funds transfer opportunity on the mobile device; and instantiating, by the mobile device, the funds transfer based on the received confirmation.

2 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 1 , comprising:
wherein the electronic media comprises a social media application; and wherein the funds transfer opportunity is identified in an electronic communication conveyed to the mobile device through the social media application.

3 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 1 , comprising:
wherein the electronic media is monitored by a mobile application of the mobile device, further wherein the mobile application is communicatively coupled with a money transfer provider.

4 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 3 , comprising:
wherein the mobile application is a background application that may be selectively enabled and disabled by a user through a user interface of the mobile application; and wherein the electronic media is a foreground application on the mobile device and provides a social network.

5 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 1 , comprising:
scanning, by the mobile device, contents of the electronic media for a trigger element indicating the funds transfer opportunity.

6 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
wherein the contents comprise an electronic message delivered to a user of the mobile device via the electronic media, further wherein the electronic media is a social media platform.

7 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
wherein the trigger element comprises at least one of a currency symbol and a textual phrase, further wherein the textual phrase comprises at least one of a user-based financial detail and financial terminology.

8 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
parsing, by the mobile device, the scanned contents of the user interface display of the electronic media; comparing, by the mobile device, the parsed contents to a trigger element database; and determining, by the mobile device, the funds transfer opportunity based on a match between at least a portion of the parsed contents and the trigger element database.

9 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
displaying, by the mobile device, the trigger element for the funds transfer opportunity as a hotlink in the electronic media.

10 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 9 , comprising:
detecting, by the mobile device, a user click to access the hotlink on the mobile device.

11 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 10 , comprising:
after receiving the user click to access the hotlink, outputting for display, by the mobile device, a user interface of a mobile application or website for instantiating the funds transfer.

12 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
displaying, by the mobile device, an overlay on a portion of the screen of the mobile device for indicating the funds transfer opportunity identified in the electronic media, wherein the overlay comprises a textual notification based on the trigger element and a user-input button to instantiate the funds transfer.

13 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
determining, by the mobile device, one or more funds transfer details based on the scanned contents of the user interface display; and applying, by the mobile device, the determined one or more funds transfer details to a mobile application or website for instantiating the funds transfer.

14 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 1 , comprising:
receiving, by the mobile device, one or more financial details from a user through a user interface on the mobile device during a one-time initial setup.

15 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 14 , comprising:
registering, by the mobile device during the one-time initial setup, one or more electronic media to be monitored for the funds transfer opportunity.

16 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
identifying, by the mobile device, at least one of a sending party and a receiving party of the funds transfer; requesting, by the mobile device, financial details of at least one of the sending party and the receiving party through a communication channel of the electronic media; and receiving, by the mobile device, the financial details from the communication channel of the electronic media.

17 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 16 , comprising:
authorizing, by the mobile device, at least one of the sending party and the receiving party for the funds transfer through the electronic media.

18 . The method for identifying the funds transfer opportunity in the electronic media accessed by the mobile device of claim 5 , comprising:
after initiating the funds transfer, sending, by the mobile device, a receipt confirmation to at least one of a sending party and a receiving party via the electronic media.

19 . A system for identifying a funds transfer opportunity in an electronic media accessed by a mobile device, comprising:
one or more processors; and a memory communicatively coupled with and readable by the one or more processors and having stored therein processor-readable instructions that, when executed by the one or more processors, cause the one or more processors to:
monitor, by the mobile device, the electronic media for the funds transfer opportunity;
identify, by the mobile device, the funds transfer opportunity in the electronic media;
output, by the mobile device, indication for the funds transfer opportunity in the electronic media;
receive, by the mobile device, confirmation to instantiate a funds transfer based on the indicated funds transfer opportunity on the mob

Assignees

• Western Union Co

Inventors

• Brooks Craig

Classifications

• G06Q20/10 Primary

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

• G06Q20/32 Primary

  using wireless devices · CPC title

• G06Q20/326 Primary

  Payment applications installed on the mobile devices · CPC title

• G06Q10/40

  Business processes related to social networking or social networking services · CPC title

• G06Q20/386

  using messaging services or messaging apps (using mobile network messaging services for payment, e.g. SMS G06Q20/3255) · CPC title