Intelligent systems for identifying transactions associated with an institution impacted by an event

US11238459B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Terry L. Lewis · Palatka, US
• Robert W. Johnston · Ramsey, US
• Vivek Vinayak Mehendale · Franklin, US
• Jose Gilberto Guerra-Leal · Forney, US
• Enjyi E. Hannans · Jacksonville, US
• Coleen C. Morgan · Clearfield, US
• Robert S. Hepler · Charlotte, US
• Vanesa Mitrevski · Bourbonnais, US
• Joseph L. Hayes · Charlotte, US

Key dates

• Filing date: Jan 7, 2020
• Grant date: Feb 1, 2022
• Expiry date: Apr 4, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q50/265
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A transaction processing system capable of processing transactions and implementing a flexible circuit breaker process during an event. A circuit breaker module initiates a circuit breaker event (CBE), an account identification module identifies one or more affected account IDs, and a rule generation module generates conditional rules for evaluating each transaction presented to a transaction processing module. If a transaction presented to the transaction processing module satisfies the conditional rule, the transaction is not processed. Transactions not processed are stored in memory and groups of impacted transactions are assigned to resource modules based on common characteristics. The resource module determines if impacted transactions should be allowed to process.