Systems and methods for managing a financial account in a low-cash mode

US12125008B1 · kind B1 · utility

Assignee

• The PNC Financial Services Group, Inc. · US

Inventors

• Urich T. Bowers · Kirwan Heights, US
• Mecal McDade · New Alexandria, US
• Todd Tkach · Wexford, US
• Mike Kirch · Venetia, US
• Eric Romantino · Pittsburgh, US
• Matthew Barrett · Pittsburgh, US

Key dates

• Filing date: Jul 19, 2021
• Grant date: Oct 22, 2024
• Expiry date: Aug 7, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q50/01
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system for managing a financial account in a low cash mode. The system may include a memory storing instructions, and a processor configured to execute the instructions to perform operations. The operations may include providing an interface; providing a notification to a user when a balance in the first account is deemed to be in low cash mode; presenting, when the first account balance is deemed to be in low cash mode, an option for a transfer request; receiving, a selection of the option for the transfer request to connect the first account with a second account; transferring funds from the second account to the first account; notifying the user that funds have been transferred from the second account to the first account; and further notifying the user that the balance in the first account is greater than the threshold value.