James Allen Hackett

US Patent:

20190378136, Dec 12, 2019

Filed:

Jun 11, 2019

Appl. No.:

16/436938

Inventors:

- New York NY, US
Jonathan HELLER - Nirit, IL
James HACKETT - Port Washington NY, US

Assignee:

Custodia Inc. - New York NY

International Classification:

G06Q 20/40
G06Q 10/06
G06N 20/00

Abstract:

A method of approving expenditures in real-time, comprising receiving an expenditure request initiated by a user associated with an organization for transferring funds of the organization in exchange for one or more products and/or services, identifying request attribute(s) relating to the user, the value, the funds, the product, the service, a time of reception of the expenditure request and/or a geographical location of the user, analyzing scheduling data obtained from one or more online data sources which is indicative of one or more activity attributes of activity(s) scheduled for the user, automatically determining compliance between the request attribute(s) and one or more expenditure rules predefined for the product(s) and/or service(s) with respect to the activity attribute(s) and transmitting a response to the expenditure request according to the determination which includes approval of the expenditure request in case of compliance and rejection in case of incompliance.