Systems and methods for determining changed circumstances and generating recommendations for appropriate programs

A system for determining changes in individual-specific interaction patterns indicative of changed circumstances of a respective individual, wherein the changed circumstances include one or more of a change in income, a change in expenses, or a change in monetary status for the respective individual, the system comprising:

• a memory storing instructions;
• and
• a processor executing the instructions to perform a process including:
• receiving, from a database, a first set of interaction records relating to an individual, wherein:
• each of the first set of interaction records is received from one or more of an institutional database, an automated teller machine, a point of sale terminal, or a user device, and
• each of the first set of interaction records includes one or more of an identity of one or more parties involved in a financial interaction, an amount being transacted in the financial interaction, or a nature of the financial interaction;
• creating an interaction profile based on the first set of interaction records, wherein the interaction profile includes information regarding individual-specific interaction patterns identified in the first set of interaction records;
• monitoring a second set of interaction records related to interactions that are more recent than those reflected in the first set of interaction records, wherein:
• each of the second set of interaction records is received from one or more of an institutional database, an automated teller machine, a point of sale terminal, or a user device, and
• each of the second set of interaction records includes one or more of an identity of one or more parties involved in a financial interaction, an amount being transacted in the financial interaction, or a nature of the financial interaction;
• comparing the second set of interaction records to the interaction profile to identify one or more changes to the individual-specific interaction patterns identified in the first set of interaction records;
• analyzing the one or more changes to the individual-specific interaction patterns to determine if the one or more changes is indicative of a changed circumstance for the individual;
• generating one or more recommendations for programs to be presented to the individual based on the one or more changes to the individual-specific interaction patterns identified in the first set of interaction records;
• causing to display a user interface identifying the one or more recommendations for programs to the individual;
• receiving, by the user interface, feedback from the individual based on the one or more recommendations for programs;
• and
• enrolling the individual in one or more programs based on the received feedback from the individual.

A non-transitory computer-readable medium storing instructions that, when executed by a processor, cause the processor to perform a method, the method comprising:

• receiving, from a database, a first set of interaction records relating to two or more accounts owned by an individual, wherein:
• each of the first set of interaction records is received from one or more of an institutional database, an automated teller machine, a point of sale terminal, or a user device, and
• each of the first set of interaction records includes one or more of an identity of one or more parties involved in a financial interaction, an amount being transacted in the financial interaction, or a nature of the financial interaction;
• creating an interaction profile based on the first set of interaction records, wherein the interaction profile includes information regarding individual-specific interaction patterns, the individual-specific interaction patterns including an interaction frequency, an interaction volume, and categories of interactions;
• monitoring a second set of interaction records related to interactions that are more recent than those reflected in the first set of interaction records, wherein:
• each of the second set of interaction records is received from one or more of an institutional database, an automated teller machine, a point of sale terminal, or a user device, and
• each of the second set of interaction records includes one or more of an identity of one or more parties involved in a financial interaction, an amount being transacted in the financial interaction, or a nature of the financial interaction;
• comparing the second set of interaction records to the interaction profile to identify one or more changes to the interaction frequency, the interaction volume, or the categories of interactions identified in the first set of interaction records;
• analyzing the one or more changes to the interaction frequency, the interaction volume, or the categories of interactions to determine if the one or more changes is indicative of a changed circumstance for the individual, wherein the changed circumstances include one or more of a change in income, a change in expenses, or a change in monetary status for the respective individual;
• generating one or more recommendations for programs to be presented to the individual based on the one or more changes to the user-specific interaction patterns identified in the first set of interaction records;
• causing to display a user interface identifying the one or more recommendations for programs to the individual;
• receiving, by the user interface, feedback from the individual based on the one or more recommendations for programs;
• and
• enrolling the individual in one or more programs included in the one or more recommendations for programs in response to the received feedback from the individual.