Interactive banking using multiple checking accounts

US11574359B1 · kind B1 · utility

Assignee

• Wells Fargo Bank, N.A. · US

Inventors

• Deborah M. Ball · San Francisco, US
• Susanne Carr · Oakland, US
• Stephen M. Ellis · San Francisco, US
• Lei Han · Beijing, CN
• Margaret Mangot · San Francisco, US
• Stanislav Roumiantsev · Albany, US
• Abhijit Shetti · Pleasanton, US
• Brad J. Shoff · San Francisco, US

Key dates

• Filing date: Jul 24, 2018
• Grant date: Feb 7, 2023
• Expiry date: Oct 24, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/326
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A financial institution computing system associated with a financial institution includes an account management circuit. The account management circuit is configured to receive, by the network interface, a customer request to establish a checking account at the financial institution, create first and second checking accounts for the customer, the first checking account having a payment card associated therewith, the second checking account not having any payment cards associated therewith, receive, by the network interface, information regarding a funding amount for the first and second payment accounts, receive, by the network interface, information regarding a first expense of the customer, and fund the second account with a first portion of the funding amount based on the information regarding the first expense.