User behavior-based machine learning in entity account configuration
US11475455B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 26, 2021 |
| Grant date | Oct 18, 2022 |
| Priority date | — |
| Expiry date | May 3, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/1091
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A flexible advance system allows users to request and receive advances instantly. The flexible advance system facilitates intra-system transfers between a third-party entity and employee accounts at a third-party system by generating and providing funding instructions to the third-party entity. Funding instructions include a funding amount that the flexible advance system predicts using one or more machine-learned models that account for seasonality and time delays. In executing the instructions from the flexible advance system, the third-party entity transfers funds to its entity account with the third-party system based on the funding amount. Once the flexible advance system receives an indication that the third-party entity has executed the instructions, the flexible advance system authorizes users of the flexible advance system to request short-term advances. The flexible advance system processes short-term advances such that corresponding funds are immediately transferred from the entity account of the third-party entity to employee accounts without delay.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.