US 2015/0032600 A1Published application

Communication network for collecting data and executing electronic transaction services

AssigneeBank of America Corporation

InventorsJoseph B. Castinado, Gregory G. Farr, Richard H. Thomas, Bonnie L. Dolan

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Abstract

In certain embodiments, a system for executing electronic transaction services comprises one or more processors operable to access first charge information associated with electronic transactions related to a plurality of nodes, access second charge information associated with electronic transactions related to a plurality of regulatory authorities, access a plurality of previously executed electronic transactions associated with a user, determine one or more transaction patterns based on the plurality of previously executed electronic transactions, determine a current cost associated with the one or more transaction patterns based at least in part on the first and second charge information, and determine, based at least in part on the first and second charge information, one or more proposed electronic transactions associated with a proposed cost less than the current cost.

Claims20

Dependent claims

A system for executing electronic transaction services, comprising:

one or more processors operable to:
access first charge information associated with electronic transactions related to a plurality of nodes;
determine a plurality of first charge ratings for the first charge information;
access second charge information associated with electronic transactions related to a plurality of regulatory authorities, wherein each regulatory authority has authority over one or more of the plurality of nodes;
determine a plurality of second charge ratings for the second charge information;
access a plurality of previously executed electronic transactions associated with a user;
determine one or more transaction patterns based on the plurality of previously executed electronic transactions;
determine a current cost associated with the one or more of the plurality of previously electronic transactions based at least in part on the first and second charge information;
and
determine, based at least in part on the first and second charge information, one or more proposed electronic transactions routed through two or more of the plurality of nodes and two or more of the plurality of authorities, wherein the one or more proposed electronic transactions are associated with a proposed cost less than the current cost, one or more first charge ratings associated with the two or more nodes is above a first threshold, and one or more second charge ratings associated with the two or more authorities is above a second threshold;
and
generate a message to the user identifying the one or more proposed transactions.

9 more elements

A system for executing electronic transaction services, comprising:

one or more processors operable to:
access first charge information associated with electronic transactions related to a plurality of nodes;
access second charge information associated with electronic transactions related to a plurality of regulatory authorities, wherein each regulatory authority has authority over one or more of the plurality of nodes;
access a plurality of previously executed electronic transactions associated with a user;
determine one or more transaction patterns based on the plurality of previously executed electronic transactions;
determine a current cost associated with the one or more transaction patterns based at least in part on the first and second charge information;
and
determine, based at least in part on the first and second charge information, one or more proposed electronic transactions routed through two or more of the plurality of nodes and two or more of the plurality of authorities, wherein the one or more proposed electronic transactions are associated with a proposed cost less than the current cost;
and
generate a message to the user identifying the one or more proposed transactions.

7 more elements

A non-transitory computer readable storage medium comprising logic for executing electronic transaction services, the logic operable, when executed by a processor, to:

access first charge information associated with electronic transactions related to a plurality of nodes;
access second charge information associated with electronic transactions related to a plurality of regulatory authorities, wherein each regulatory authority has authority over one or more of the plurality of nodes;
access a plurality of previously executed electronic transactions associated with a user;
determine one or more transaction patterns based on the plurality of previously executed electronic transactions;
determine a current cost associated with the one or more transaction patterns based at least in part on the first and second charge information;
and
determine, based at least in part on the first and second charge information, one or more proposed electronic transactions routed through two or more of the plurality of nodes and two or more of the plurality of authorities, wherein the one or more proposed electronic transactions are associated with a proposed cost less than the current cost;
and
generate a message to the user identifying the one or more proposed transactions.

6 more elements

A method for executing electronic transaction services, comprising:

accessing, by one or more processors, first charge information associated with electronic transactions related to a plurality of nodes;
accessing, by at least one of the one or more processors, second charge information associated with electronic transactions related to a plurality of regulatory authorities, wherein each regulatory authority has authority over one or more of the plurality of nodes;
accessing, by at least one of the one or more processors, a plurality of previously executed electronic transactions associated with a user;
determining, by at least one of the one or more processors, one or more transaction patterns based on the plurality of previously executed electronic transactions;
determining, by at least one of the one or more processors, a current cost associated with the one or more transaction patterns based at least in part on the first and second charge information;
and
determining, by at least one of the one or more processors, based at least in part on the first and second charge information, one or more proposed electronic transactions routed through two or more of the plurality of nodes and two or more of the plurality of authorities, wherein the one or more proposed electronic transactions are associated with a proposed cost less than the current cost;
and
generate a message to the user identifying the one or more proposed transactions.

6 more elements

Dependencies are inferred from the claim text.