Systems and methods for private loan creation

US11989778B1 · kind B1 · utility

Assignee

• Wells Fargo Bank, N.A. · US

Inventors

• Sotirios K. Barkas · San Jose, US
• Yon Wing Lee · San Francisco, US
• Darius A. Miranda · San Francisco, US
• Marria Rhodriquez · San Francisco, US
• Darrell L. Suen · San Ramon, US
• John T. Wright · Benicia, US

Key dates

• Filing date: Aug 15, 2022
• Grant date: May 21, 2024
• Expiry date: Nov 18, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method includes generating an alias that obscures identity information of a user by a remote provider computing system and receiving information relating to a prospective transaction via a digital funding group client application associated with a user computing device and communicatively coupled to the remote provider computing system via a network. The method further includes monitoring a system idle timer of the user computing device and resetting the system idle timer at predetermined time intervals, thereby maintaining the user computing device in active mode. The method further includes, while maintaining the user computing device in active mode, performing an electronic search for a sponsorship opportunity via the network, receiving a search result dataset via the network, generating a displayable result set based on the search result dataset, and rendering the displayable result set on a display. The displayable result set includes at least one prospective sponsor.