Authentication circle shared expenses with extended family and friends
AssigneeWells Fargo Bank, N.A.
InventorsBalin Kina Brandt, Laura Fisher, Marie Jeannette Floyd, Katherine J. McGee, Teresa Lynn Rench, Sruthi Vangala
Life of this patent
Estimating the term…
Abstract
Systems and methods for providing authentication circles to pursue financial goals and/or share expenses with others are provided. One or more provider computing systems are communicatively coupled to one or more user devices. Users may join a circle and make contributions via electronic messages that may allow for acceptance in a one-click fashion. Members may, for example, plan for and share expenses for a trip and compare the expenses with budgets.
Claims20
A method of sharing expenses via authentication circles, the method comprising:
- receiving a request from a first user associated with a first user device to form an authentication circle that includes the first user and a second user associated with a second user device;
- transmitting an invitation to share expenses between the first user and the second user, the invitation transmitted to the second user device to add the second user to the authentication circle for sharing expenses between the first user and the second user;
- detecting a transaction involving the first user device following transmission of the invitation, the transaction being for a first amount;
- detecting that the first user device and the second user device are co-located or are within a predetermined distance of each other;
- in response to detecting that the first user device and the second user device are co-located or are within the predetermined distance of each other, prompting, via the second user device, the second user to pay a second amount;
- receiving an input at the second user device indicating a selection to pay the second amount;
- and
- initiating a fund transfer of the second amount from an account of the second user.
A system for sharing expenses via authentication circles, the system having one or more processors configured to:
- form an authentication circle that includes a first member and a second member, and associate a first user device of the first member with the authentication circle and associate a second user device of the second member with the authentication circle;
- detect a transaction involving the first user device following formation of the authentication circle, the transaction being for a first amount;
- in response to detecting the transaction, determine that another user device associated with the authentication circle is near the first user device by detecting that the second user device is co-located or is within a predetermined distance of the first user device via at least one of (i) location sensors of the first and second user devices or (ii) wireless communication between the first and second user devices;
- receive an indication that the second user device received an input, in response to a prompt to share expenses, corresponding with a selection to pay a second amount to share expenses between the first member and the second member;
- and
- initiating an electronic fund transfer of the second amount from an account of the second member based on the indication.
A first user device of a first member of an authentication circle, the first user device configured to:
- detect a transaction for a first amount via an electronic payment application of the first user device following formation of the authentication circle;
- in response to detecting the transaction, determine that another user device associated with the authentication circle is near the first user device by detecting a second user device is co-located or is within a predetermined distance of the first user device via at least one of (i) location sensors of the first and second user devices and (ii) wireless communication between the first and second user devices;
- determine that the second user device is associated with a second member of the authentication circle for sharing expenses among the first member and the second member;
- and
- initiate a prompt to share expenses between the first member and the second member, the prompt transmitted to the second user device for payment of a second amount.
Dependencies are inferred from the claim text.