Methods and systems for dynamically allocating amounts amongst database records
US11334579B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Feb 8, 2021 |
| Grant date | May 17, 2022 |
| Priority date | — |
| Expiry date | Feb 8, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and systems for dynamically allocating amounts amongst a plurality of database records associated with recipients for value transfer processing. The system intercepts received value transfer notifications and determines an allocation of the value quantity to two or more recipient accounts without first writing the value quantity to an internal ledger user record associated with the recipient. The allocation may be based on a priority ranking of accounts determined by the system based on allocation rules. The allocation rules may be based on internal recipient data and/or external third-party data. The priority ranking may be partly based on projecting inflows and outflows from the user records over a window of time and applying an optimization function.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.