Geolocation and physiological signals for transaction initiation

US11315088B1 · kind B1 · utility

Assignee

• Wells Fargo Bank, N.A. · US

Inventors

• Jannette Marie McCully · Belmont, US
• Michael Chang · Millbrae, US
• Russell Sage Hamilton · San Francisco, US
• Gerardo Costilla · San Francisco, US
• Darius A. Miranda · San Francisco, US
• Muhammad Farukh Munir · Pittsburg, US
• Traci Nguyen · San Francisco, US

Key dates

• Filing date: Nov 27, 2018
• Grant date: Apr 26, 2022
• Expiry date: Feb 12, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method may include collecting, in a data store, a plurality of signals associated with a user and a geographic area; calculating, using at least one processor, a satisfaction score for the user with respect to the geographic area based on the plurality of signals; querying the data store to retrieve a set of entities associated with the geographic area; generating, using the at least one processor, a respective credit allocation amount for each of the set of entities based on the satisfaction score and a user-specified allocation modality; and initiating a transfer from a user account to a set of receiver accounts according to the respective generated credit allocation amounts.