James Kenneth Pierce

US Patent:

20150186905, Jul 2, 2015

Filed:

Jan 1, 2014

Appl. No.:

14/145965

Inventors:

- Charlotte NC, US
James Pierce - Charlotte NC, US
Rebecca S. Morgan - Charlottesville VA, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 30/02

Abstract:

Tools for forecasting financial instrument transfers are provided. The tools may include a funds processing system. The funds processing system may be established at a client location. The funds processing system may receive a plurality of items. The items may include one or more financial instruments. The items may include one or more attachments. The items may be processed using the funds processing system. Data corresponding to the items may be transmitted to a financial institution. The data may be used to compute a forecast. The forecast may be based at least on part on data received via the funds processing system. Data analytical models may forecast future requirements. The requirements may be pickup requirements. The pickup requirements may be financial instrument pickup requirements. The forecast may be a time forecast. The time may be an estimated arrival time. The estimated arrival time may be at the financial institution.

US Patent:

20150186992, Jul 2, 2015

Filed:

Jan 1, 2014

Appl. No.:

14/145963

Inventors:

- Charlotte NC, US
James Pierce - Charlotte NC, US
Rebecca S. Morgan - Charlottesville VA, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/02

Abstract:

Tools for increasing financial data tracking efficiency are provided. The tools may include a funds processing system. The funds processing system may be established at a client location. The funds processing system may receive a plurality of items. The items may include one or more financial instruments. The items may include one or more attachments. The items may be processed using the funds processing system. Data corresponding to the items may be transmitted to a financial institution. The data may be used to compute a forecast. The forecast may be based at least in part on data received via the funds processing system. The forecast may predict bank receipts. The bank receipts may correspond to one or more of the items. The forecast may predict future client deficiencies for cash on hand. The deficiencies may be forecast in substantially real-time. The deficiencies may be forecast based on the items.