Trade asset card
AssigneeWells Fargo Bank, N.A.
InventorsRameshchandra Bhaskar Ketharaju, Manish Pandey, Prabal Nandi, Shanmukeswara Rao Donkada
Life of this patent
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Abstract
The innovation disclosed and claimed herein, in one aspect thereof, comprises systems, methods and computer program products that enable transactions requested by a user using a trade asset card. The innovation enables the transactions to be completed in real time or near real time per pre-determined rules and settings, or audited changes to rules and settings, while staying perpetually invested in the user's investment portfolio.
Claims20
An apparatus, comprising:
- a processor;
- and
- memory comprising instructions that when executed by the processor cause the processor to:
- identify, via a network component, a diversified digital investment portfolio including a set of tradeable assets;
- determine, by a spending source rules management component, spending source rules for the set of tradeable assets, wherein the spending source rules are applied to purchase requests associated with the diversified digital investment portfolio, and wherein at least a portion of the spending source rules apply to one or more of a plurality of purchase amount bands;
- detect, by an analytics engine component, a gap in the plurality of purchase amount bands, wherein the gap comprises a purchase amount band without an applicable spending source rule;
- and
- in response to detection of the gap:
- block, by the spending source rules management component, a purchase for an amount within the gap, and
- generate, by the spending source rules management component, a new spending source rule for the gap to cover the purchase amount band.
A computer-implemented method, comprising:
- identifying, via a network component, a diversified digital investment portfolio including a set of tradeable assets;
- determining, by a spending source rules management component, spending source rules for the set of tradeable assets, wherein the spending source rules are applied to purchase requests associated with the diversified digital investment portfolio, and wherein at least a portion of the spending source rules apply to one or more of a plurality of purchase amount bands;
- detecting, by an analytics engine component, a gap in the plurality of purchase amount bands, wherein the gap comprises a purchase amount band without an applicable spending source rule;
- and
- in response to detection of the gap:
- blocking, by the spending source m management component, a purchase for an amount within the gap, and
- generate, by the spending source rules management component, a new spending source rule of the gap to cover the purchase amount band.
A non-transitory computer-readable medium having instructions for a processor to:
- identify, via a network component, a diversified digital investment portfolio including a set of tradeable assets;
- determine, by a spending source rules management component, spending source rules for the set of tradeable assets, wherein the spending source rules are applied to purchase requests associated with the diversified digital investment portfolio, and wherein at least a portion of the spending source rules apply to one or more of a plurality of purchase amount bands;
- detect, by an analytics engine component, a gap in the plurality of purchase amount bands, wherein the gap comprises a purchase amount band without an applicable spending source rule;
- and
- in response to detection of the gap:
- block, by the spending source rules management component, a purchase for an amount within the gap, and
- generate, by the spending source rules management component, a new spending source rule for the gap to cover the purchase amount band.
Dependencies are inferred from the claim text.