Systems for providing and processing surprise conditional gifts

US10410207B1 · kind B1 · utility

Assignee

• CAPITAL ONE SERVICES, LLC · US

Inventors

• Taurean Butler · Brooklyn, US
• Christine Berglund · Brooklyn, US
• Adam Vukich · Alexandria, US
• Jessica Greenberg · New York, US
• Colin Hart · Arlington, US
• Mykhaylo Bulgakov · Arlington, US
• Jason Ji · Reston, US
• Kaylyn Gibilterra · New York, US

Key dates

• Filing date: Jun 21, 2018
• Grant date: Sep 10, 2019
• Expiry date: Jun 21, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/387
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for providing a gift includes receiving gift information comprising data indicative of a gift type, a maximum gift amount, a gift recipient, and a first financial account from a first computing device associated with a gifter and via a software application. The first financial account being associated with the gifter and the gift recipient having preregistered user account with the software application. The method includes identifying one or more recipient financial accounts associated with the gift recipient including at least a second financial account. The method includes identifying a gift-eligible transaction that is associated with the second financial account by monitoring transaction data associated with the one or more recipient financial accounts. The method includes transmitting a gift notification to a second computing device and outputting an instruction to initiate a transfer of a gift amount from the first financial account to the second financial account.