Invention Grant
- Patent Title: System for generating electronic alerts through predictive optimization analysis of resource conversions
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Application No.: US16534865Application Date: 2019-08-07
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Publication No.: US11263050B2Publication Date: 2022-03-01
- Inventor: Lee Ann Proud , Kathleen Hanko Trombley , Martha Sain McClellan , Joseph Benjamin Castinado
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Moore & Van Allen PLLC
- Agent Seongun M. Hong
- Main IPC: G06F9/50
- IPC: G06F9/50 ; G06F9/46 ; G06Q20/10 ; G06Q20/20 ; G06F11/30

Abstract:
A system generates electronic alerts through predictive analysis of resource conversions. The system may continuously monitor executed resource transfers to generate historical resource transfer data. Based on the historical resource transfer data, the system may generate a predicted outcome of executing transfers of resources in a first format compared to transfers of resources in a second format. The predicted outcome may then be implemented by the system to select a resource format for transfers occurring in the future and/or at specified intervals.
Public/Granted literature
- US20210042158A1 SYSTEM FOR GENERATING ELECTRONIC ALERTS THROUGH PREDICTIVE OPTIMIZATION ANALYSIS OF RESOURCE CONVERSIONS Public/Granted day:2021-02-11
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