System for electronic completion of a resource transfer using a temporary resource patch

Patent metadata

Field	Value
Publication number	US-2022222648-A1
Application number	US-202117146905-A
Country	US
Kind code	A1
Filing date	Jan 12, 2021
Priority date	Jan 12, 2021
Publication date	Jul 14, 2022
Grant date	—

Abstract

Embodiments of the invention are directed to a system, method, and computer program product for completion of a resource transfer using a temporary resource patch. The system receives a request for a resource transaction associated with a temporary resource patch. The system determines whether the temporary resource patch can complete the resource transaction. The system executes the transaction if the temporary resource patch can complete the resource transaction.

First claim

1 . A system for electronic completion of a resource transaction transfer using a temporary resource patch, the system comprising:
at least one memory device; at least one communication device connected to a communications network; and at least one processing device operatively coupled to the at least one memory device the at least one processing device performs:
provide the temporary resource patch for affixing to a user using adhesive, wherein the temporary resource patch communicates with a computing device;
receive a transmission requesting the temporary resource patch for electronic completion of the resource transaction, wherein the transmission further comprises an active timeframe for the temporary resource patch activity and a pre-determined resource allocation for the temporary resource patch activity;
receive, at a first time a request for the resource transaction associated with the temporary resource patch;
determine, based on the first time being within the active timeframe and based on a remaining portion of the pre-determined resource allocation, whether the temporary resource patch can complete the resource transaction;
confirm that the first time is within the active timeframe and is within the predetermined resource allocation and allow execution of the resource transaction; and
deactivate the temporary resource patch.

2 . The system of claim 1 , further comprising:
receiving an identifier associated with the temporary resource patch; associating, based on the identifier, the temporary resource patch with a resource account associated with a user of the user device; and transmitting, via a resource application associated with the user device, a notification indicating that the temporary resource patch is associated with the resource account.

3 . (canceled)

4 . The system of claim 1 , further comprising:
receiving an indication that the user desires to modify one or more settings associated with the temporary resource patch, wherein the one or more settings comprise at least one of the pre-determined resource allocation, the active timeframe, a geographical region where the temporary resource patch is active, one or more resource accounts associated with the temporary resource patch, or one or more users associated with the temporary resource patch; transmitting to the temporary resource patch based on the indication that the user desires to modify the one or more settings associated with the temporary resource patch, a transmission that indicates the one or more settings the user desires to modify, wherein the temporary resource patch modifies the one or more settings associated with the temporary resource patch; and transmitting a confirmation that indicates that the one or more settings the user desires to modify have been modified.

5 . The system of claim 1 , further comprising:
receiving an indication that the user desires to associate a password with the temporary resource patch; and preventing completion of one or more resource transactions without receiving an indication of the password.

6 . The system of claim 1 , further comprising:
receiving an indication that the user desires to deactivate the temporary resource patch; transferring the remaining portion of the pre-determined resource allocation to the resource account associated with the user; storing data that indicates that the temporary resource patch is deactivated; and transmitting a confirmation that indicates that the temporary resource patch is deactivated and that the remaining portion of the pre-determined resource allocation was transferred to the resource account associated with the user.

7 . The system of claim 1 , wherein the temporary resource patch is disposable.

8 . A computer program product for electronic completion of a resource transfer using a temporary resource patch, the computer program product comprising a non-transitory computer-readable storage medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:
providing the temporary resource patch for affixing to a user using adhesive, wherein the temporary resource patch communicates with a computing device; receiving a transmission requesting the temporary resource patch for electronic completion of the resource transaction, wherein the transmission further comprises an active timeframe for the temporary resource patch activity and a pre-determined resource allocation for the temporary resource patch activity; receiving, at a first time a request for the resource transaction associated with the temporary resource patch; determining, based on the first time being within the active timeframe and based on a remaining portion of the pre-determined resource allocation, whether the temporary resource patch can complete the resource transaction; confirm that the first time is within the active timeframe and is within the pre-determined resource allocation and allow execution of the resource transaction; and deactivating the temporary resource patch.

9 . The computer program product of claim 8 , further comprising:
receiving an identifier associated with the temporary resource patch; associating, based on the identifier, the temporary resource patch with a resource account associated with a user of the user device; and transmitting, via a resource application associated with the user device, a notification indicating that the temporary resource patch is associated with the resource account.

10 . (canceled)

11 . The computer program product of claim 8 , further comprising:
receiving, via the resource application, an indication that the user desires to modify one or more settings associated with the temporary resource patch, wherein the one or more settings comprise at least one of the pre-determined resource allocation, the active timeframe, a geographical region where the temporary resource patch is active, one or more resource accounts associated with the temporary resource patch, or one or more users associated with the temporary resource patch; transmitting, to the temporary resource patch based on the indication that the user desires to modify the one or more settings associated with the temporary resource patch, a transmission that indicates the one or more settings the user desires to modify, wherein the temporary resource patch modifies the one or more settings associated with the temporary resource patch; and transmitting, via the resource application, a confirmation that indicates that the one or more settings the user desires to modify have been modified.

12 . The computer program product of claim 8 , further comprising:
receiving an indication that the user desires to associate a password with the temporary resource patch; and preventing completion of one or more resource transactions without receiving an indication of the password.

13 . The computer program product of claim 8 , further comprising:
receiving, via the resource application, an indication that the user desires to deactivate the temporary resource patch; transferring the remaining portion of the pre-determined resource allocation to the resource account associated with the user; storing, within a memory resource, data that indicates that the temporary resource patch is deactivated; and transmitting, via the resource application, a confirmation that indicates that the temporary resource patch is de activated and that the remaining portion of the pre-determined resource allocation was transferred to the resource account associated with the user.

14 . The computer program product

Assignees

• Bank Of America

Inventors

• Frick Cynthia A
• Summitt Melissa Major
• Weisberger Andrea M
• Grant Nicholas Gregory
• Cimijotti Mark Trenton
• Bolden Khyree B
• Sinks Steven E

Classifications

• G06Q20/32 Primary

  using wireless devices · CPC title

• G06Q20/3278

  RFID or NFC payments by means of M-devices · CPC title

• G06Q20/321 Primary

  using wearable devices · CPC title

• G06K19/07762

  the adhering arrangement making the record carrier wearable, e.g. having the form of a ring, watch, glove or bracelet (record carriers for insertion in the human body for medical purposes A61B90/00; record carriers adapted for attachment to animals A01K11/00) · CPC title

• G06Q20/3263

  characterised by activation or deactivation of payment capabilities · CPC title