Apparatus and method for recipient distribution and tracking
AssigneeBank of America Corporation
InventorsGlenn M. Grossman, Kevin Perry, Kimberly B. Summerrow, Katherine Dintenfass, Elizabeth Votaw, Aaron R. Leinker
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Abstract
An apparatus and method of maintaining beneficiary information are disclosed. The apparatus can be configured to perform the method, which may include obtaining information for one or more recipients of one or more conveyances of property, obtaining one or more digital IDs from the one or more recipients, maintaining the one or more digital IDs from the one or more recipients by periodically sending notifications to the one or more recipients, and distributing assets with the one or more digital IDs to the one or more recipients.
Claims20
An apparatus comprising:
- a processor;
- and
- a memory for storing computer readable instructions that, when executed by said processor, cause the computer to perform the steps of:
- obtaining information for one or more recipients of one or more conveyances of property;
- obtaining one or more digital IDs from the one or more recipients;
- maintaining the one or more digital IDs from the one or more recipients by periodically sending notifications to the one or more recipients;
- and
- distributing assets with the one or more digital IDs to the one or more recipients.
A method of maintaining beneficiary information, comprising the steps of:
- obtaining information for one or more recipients of one or more conveyances of property;
- obtaining one or more digital IDs from the one or more recipients;
- maintaining the one or more digital IDs from the one or more recipients by periodically sending notifications to the one or more recipients;
- and
- distributing assets with the one or more digital IDs to the one or more recipients.
Dependencies are inferred from the claim text.