The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jun. 11, 2019

Filed:

Nov. 24, 2015
Applicant:

Bank of America Corporation, Charlotte, NC (US);

Inventors:

Ann McCormick, Portland, ME (US);

Gary Ford, Charlotte, NC (US);

Mark Zanzot, Charlotte, NC (US);

Peter Tholl, Albany, NY (US);

Robin Tooker, Charlotte, NC (US);

Steven Dommes, Scranton, PA (US);

Timothy Lukavsky, Charlotte, NC (US);

Walter McKay, Albany, NY (US);

Assignee:

Bank of America Corporation, Charlotte, NC (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/00 (2012.01); G06Q 30/06 (2012.01); G06Q 40/04 (2012.01); G06Q 10/08 (2012.01); G06Q 40/02 (2012.01);
U.S. Cl.
CPC ...
G06Q 30/0633 (2013.01); G06Q 10/08 (2013.01); G06Q 40/02 (2013.01); G06Q 40/04 (2013.01);
Abstract

A system for executing terms of physical trade documents includes a document intake machine comprising a document scanner and a data extractor. The document intake machine receives a physical trade document from an entity. The document scanner may scan the physical trade document to create an electronic file of the physical trade document. The data extractor may identify trade terms from the electronic file. A trade executing machine receives the trade terms from the document intake machine and compare the trade terms to a trade condition, wherein the trade condition is identified from a document related to the physical trade document. If the trade terms match the trade condition, the trade executing machine may process the physical trade document according to the trade terms and communicate a notification message to the entity indicating that the physical trade document was processed according to the trade terms.


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