Patent · US Active

Detecting and correcting account swap in bank feed aggregation system

US10460298B1 · kind B1 · utility

2Cited by
24References
27Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 22, 2016
Grant dateOct 29, 2019
Priority date
Expiry dateFeb 20, 2038

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/405
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method and system detects and addresses financial account swaps in a financial management system. The method and system include obtaining financial transaction data related to financial transactions associated with a plurality of financial accounts of the user. The method and system include detecting, for each financial account, a change point in a characteristic distribution of the financial transactions of the financial account. The method and system include, if two or more of the change points correlate with each other and time, swapping the financial transactions between the two or more financial accounts until the change points disappear and determining that an account swap occurred in the financial data collection feeds associated with the financial accounts. The method and system include adjusting financial data collection feeds to repair the account swaps.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.