System For Resource Accumulation Triggering Based On Amount Within An Interval

  • Published: Aug 10, 2017
  • Earliest Priority: Feb 08 2016
  • Family: 1
  • Cited Works: 0
  • Cited by: 0
  • Cites: 2
  • Additional Info: Full text

Embodiments of the present invention provide a system for triggering alerts to accumulate system resources in response to deposit amounts exceeding a threshold. The system determines a threshold deposit amount based on a regulatory amount of deposited funds that must occur during a regulatory period before a report must be provided to a regulatory agency. The system accumulates deposit data to create a deposit database. When the system receives a request for a new deposit associated with a new deposit amount and a user, the system can identify previous related deposits by searching the deposit database. The system may then combine an amount of the previous deposits with the new deposit amount to determine a total deposited amount. If the total deposited amount exceeds the threshold deposit amount, then the system will request additional regulatory information associated with the deposits before processing the deposit.

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Document History
  • Publication: Aug 10, 2017
  • Application: Feb 8, 2016
    US US 201615018433 A
  • Priority: Feb 8, 2016
    US US 201615018433 A

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