The Toronto-Dominion Bank
AUTOMATIC CLASSIFICATION OF DATA EXCHANGES BASED ON CUSTOMIZABLE CRITERIA

Abstract:

The present disclosure involves systems, software, and computer implemented methods for categorizing data exchanges, based on a set of customizable criteria that has been customized by a third party. Each category to which the data transactions are assigned can be associated with a valuation return rate or earnings rate. Once each data exchange is assigned a category, an account associated with a user who is identified for the transaction can be credited a return based on the return rate associated with the category. In some embodiments, if no category exists that satisfies the customizable criteria, a new category can be generated.