Bank of America Corporation
SYSTEM FOR AUTOMATED RESOURCE TRANSFERS BASED ON PREDICTIVE ELECTRONIC DATA ANALYSIS

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Abstract:

A system for automated resource transfers based on predictive electronic data analysis is provided. In particular, the system may continuously track data (e.g., as historical data) that may be sent between two entities, where the data may include resource transfer data. Based on the parameters of the resource transfer data, the system may identify a pattern within the historical data in order to set up a recurring resource transfer based on the identified pattern. In this way, the system may increase the efficiency of resource transfers executed across entities.

Status:
Application
Type:

Utility

Filling date:

19 Feb 2020

Issue date:

19 Aug 2021