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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.

Patent No.:

US 11348096 B1

PDFFull Text
Date of Patent:
May. 31, 2022

Filed:

Feb. 02, 2018

Reconciliation for enabling access to transferring contribution funded accounts

Applicant:

Connectyourcare, Llc, Hunt Valley, MD (US);

Inventors:

David Roberts, Cockeysville, MD (US);

Melissa Stirling, Reisterstown, MD (US);

Peter Mazur, Lutherville, MD (US);

Jennifer Frankenfield, Mount Juliet, TN (US);

Bryan Schrock, Baltimore, MD (US);

Vrajesh Bhavsar, Franklin, TN (US);

Jennifer Levy, Manchester, MD (US);

Brian Strom, Baltimore, MD (US);

Dan Stachura, Parkton, MD (US);

Assignee:

CONNECTYOURCARE, LLC, Hunt Valley, MD (US);

Attorney:

Sterne, Kessler, Goldstein & Fox P.L.L.C.

Primary Examiner:

Namrata Boveja

Assistant Examiner:

Carol A See

Int. Cl.
CPC ...
G06Q 20/36 (2012.01); G06Q 20/34 (2012.01); G06Q 20/32 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/367 (2013.01); G06Q 20/325 (2013.01); G06Q 20/34 (2013.01);
Abstract

Disclosed herein are system, method, and computer program product embodiments for reconciliation needed to enable access to accelerated contribution funded accounts (CFAs). An embodiment operates by configuring a management database to store a linked CFA associated with a CFA and an asset-transfer on demand account (ATODA). A transfer processing system of a provider may receive a transfer file from an employer. The transfer processing system may delay transfer reconciliation of the linked CFA until a transferred amount is received. During transfer reconciliation, the transfer processing system may resolve the ATODA using the received transferred amount. Upon resolution of the ATODA, the contribution processing system may concurrently send information to a bank server and a card server to reconcile the respective bank and card accounts with the linked CFA at the provider.

Find Patent Forward Citations

Roberts, David. (2022). Reconciliation for enabling access to transferring contribution funded accounts (U.S. Patent No. 11348096). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/11348096

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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