Bank of America Corporation

Rebecca Stepp Morgan

James Pierce

Chad Ryan Compton

Shawn Cart Gunsolley

Lisa Gibson

Shelaine Marie Monkiewicz

Thomas A Harp

Kerry Michelle Cantley

Eric Dryer

Sherri Sullivan

Edwin Andrew Wegleitner

James Wayland Pierce, Jr

David Joseph Koval

Brett C Carter

Robert Edward Marshall

Ivan Ettore Richmond

Samuel C Blakeslee

Judith C Taylor

Deirdre Spehar

Systems, computer program products, and methods are described herein for intelligent allocation of a resource into an auxiliary tangible source retainer. The present invention may be configured to determine a difference between a transferred amount of resources provided to an entity by a user and a total amount of a resource distribution, where the difference includes a primary amount of resources corresponding to primary tangible resources and a secondary amount of resources corresponding to secondary tangible resources. The present invention may be further configured to determine, based on a machine-readable code on an auxiliary tangible resource provided by the user, an auxiliary tangible source retainer associated with the auxiliary tangible resource and allocate, from a source retainer associated with the entity, the secondary amount of resources to the auxiliary tangible source retainer associated with the auxiliary tangible resource.

System for intelligent allocation of a resource into an auxiliary tangible source retainer

Systems, computer program products, and methods are described herein for intelligent allocation of resources over multiple events into an auxiliary source retainer. The present invention may be configured to determine a total amount of resources for a resource distribution between an entity and a user and receive input indicating that the user provided a transferred amount of tangible resources to the entity. The present invention may be further configured to determine a difference between the transferred amount and the total amount, where the difference includes a primary amount of resources corresponding to primary tangible resources and a secondary amount of resources corresponding to secondary tangible resources. The present invention may be further configured to allocate, from a source retainer associated with the entity, the secondary amount of resources to an auxiliary source retainer associated with an auxiliary resource distribution instrument provided by the user.

System for intelligent allocation of resources over multiple events into an auxiliary source retainer

A system for wear and aging evaluation of a paper-based resource described herein is structured for determining a fitness state of a physical body structure of a paper resource item and for adaptive processing of the paper resource item in accordance with the fitness state. Specifically, the system comprises an item transfer unit configured to receive one or more paper resource items and a scanning device structured to retrieve a fitness state of a paper resource item from a physical state sensing component of the paper resource item. The system is structured to adaptively process the paper resource item based on determining whether (i) a wear level and (ii) an item age level of the paper resource item are associated with either a fit item type or an unfit item type.

System for wear and aging evaluation of a paper-based resource

A portable transfer container associated with a resource document handling network that provides for optimization of the physical handling of resources within a supply chain network. The container typically includes an item storage unit and a resource transfer unit configured to deposit, withdraw, or otherwise exchange items stored in the item storage unit. The container also typically includes a memory, a processor, and an item transfer application stored in the memory. As resources are placed into the container the system generates a ledger of the container, physical resources within the container, and owners of the resources within the container. As such, with the ledger, the container may be universally used by one or more users or entities across the supply chain network. As such, the container may be portable and may be exchanged with other entities, other containers, recycled, or provided to storage.

Resource document handling network with portable transfer containers

Resource exchange platform for integrating and facilitating direct resource exchanges and resource tracking between multiple organizations. The platform may establish an exchange program directly between organizations to identify, trade, and settle the transfer of physical resources physically and/or electronically. The resource exchange platform provides a more efficient exchange of physical resources, more secure trackable resource exchanges, and more agency insight into resource exchanges in order to identify potential interactions involving misappropriated resources.

System for network resource exchanging

This disclosure illustrates that resource exchange requests may be identified and sent directly to ATMs. The service providers access the ATMs and are able to select the resource exchange request from the ATMs (e.g., electronically, or the like). The service providers transfer the resources at the ATMs, and reconcile the resources at the ATMs. The ATMs may send service provider and/or organization reconciliation notices confirming the reconciliations. In some embodiments, the reconciliation may be stored in a distributed ledger within a blockchain system.

ATM network resource exchange system

Embodiments of the present invention provide a system for providing a sealed container of traceable resources. The system may comprise receiving a request for an amount of resources to be provided in a sealed container. A set of individual resource items may be collected to meet this request. Information about the denominations and unique identifiers of these resource items may be identified, and each resource item can be verified for authenticity. The system may then secure the collected set of individual resource items in a container, apply a tamper-evident seal to the container, and apply an informational notification to the container. The informational notification may provide information on the makeup of the container contents as well as an indication of the verification of the contents. This sealed container can then be dispensed for future use.

System for generating and providing sealed containers of traceable resources

Apparatus and methods for client-side deposit packaging compliance are provided. Apparatus and methods may include deploying a uniform reporting format for clients, banks, armored couriers and vaults. The uniform reporting format may be a XML data feed. The XML data feed may provide for reporting of condition codes associated with a deposit. The condition codes may correspond to one or more attributes of a deposit packaged by a client. The condition codes may be submitted by the client. The condition codes may be verified when a deposit is processed by a vault. Illustrative condition codes may correspond to: armored courier ID, envelope status, counterfeit status. The XML data feed may utilize dynamic online, rule-based forms for clients, banks, armored couriers and vaults.

Client-side deposit packaging compliance

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.

Method for tracking items using a fund processing device

Apparatus and methods for client deposit tracking are provided. The deposit may be tracked from a time the deposit is retrieved from a client location until a value of the deposit is credited to a client. A deposit may be tracked by affixing a bar-code to a cartridge storing containing the deposit. The bar-code may be printed on the cartridge. The bar-code may be electronically transmitted to the cartridge. The bar-code may include deposit information. The deposit information may include deposit weights. The bar-code may be captured an armored courier. Information captured from the bar-code may be transmitted to a financial institution. The financial institution may derive performance metrics based on the information captured from the bar-code. Deposit status determination may be provided based on the information capture from the bar-code. Deposits status information may be transmitted to a client of the financial institution.

Growing community of inventors

Charlottesville, VA, United States of America

Rebecca Stepp Morgan