Service for account with unavailable funds or credit using a passcode

US9508076B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Tamara S. Kingston · Peoria, US
• Willard Andrew Barr · Charlotte, US
• Doris Maria Garrett · Walnut Creek, US
• Mark Allan Nelson · Waxhaw, US
• Jonathan H. Tucker · Charlotte, US
• John Franklin Tuders · Harrisburg, US
• Elbert Lee Whitler · Webster Groves, US
• Paul Ronald DeKoster · Matthews, US

Key dates

• Filing date: Mar 15, 2013
• Grant date: Nov 29, 2016
• Expiry date: Mar 15, 2033

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In general terms, embodiments of the present invention relate to methods and apparatuses for providing a service for account with unavailable funds or credit using a passcode for the account with unavailable funds or credit For example, in some embodiments, a method is provided that includes: (a) receiving transaction information associated with a transaction, where the transaction involves an account; (b) determining, based at least partially on the transaction information, that the account will exceed available funds or credit as a result of the transaction; (c) receiving a passcode for the account with unavailable funds or credit associated with the account; and (d) authorizing the transaction based at least partially on the receiving the passcode for the account with unavailable funds or credit.