Bank of America Corporation
ELECTRONIC SYSTEM FOR AUTOMATICALLY GENERATING RESOURCE DISTRIBUTIONS BASED ON SMS-BASED INSTRUCTIONS USING MACHINE LEARNING

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Abstract:

Systems, computer program products, and methods are described herein for automatically generating resource distributions. The present invention may be configured to receive a text-based instruction and parse, using a machine learning model, the text-based instruction to generate a structured resource distribution including predicted distribution elements. The present invention may be configured to generate, based on the structured resource distribution, a resource distribution. In some embodiments, the text-based instruction may include an email message, an SMS message, recorded speech converted to text, text input to a chat function, text recognized in an image, and/or the like.

Status:
Application
Type:

Utility

Filling date:

1 Mar 2021

Issue date:

1 Sep 2022