Intuit, Inc.

Hui Jin

Marko Rukonic

Yogish Pai

Raju Venkata Satya Sanyasi Vusirikala

Naren Sulur

A system and method for automated optimization of budgeted fund allocation to pay bills receives financial data including billing and income data. The data is ordered according to dates and amounts and the processed to determine payments to be made at certain dates, in order to ensure that minimum payments are satisfied. Amounts over the minimum owed for certain bills are paid when possible, in order to minimize future debt load. Amounts owed are paid, when warranted, in two or more portions on different dates separated by an income event. Payments made and overall financial status is reported to a consumer computing system associated with a consumer.

System and method for automated optimization of budgeted fund allocation to pay bills

A method to access financial data. The method includes redirecting, by a computer processor and based on an input of a user, the user to a website of a financial institution (FI), wherein the user submits a request via the website to access the financial data, obtaining, in response to the user submitting the request, a token identifying the request, identifying, by the computer processor, a financial data structure in a remote repository based on the token, wherein the FI stores a financial data record in the financial data structure in response to the request, and retrieving, without user intervention, the financial data record from the financial data structure, wherein the financial data record is used by a financial management application to prepare a financial management report for the user.

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Saratoga, CA, United States of America

Hui Jin