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.:
Date of Patent:
May. 28, 2024
Filed:
Sep. 02, 2022
Applicant:
Bottomline Technologies Sarl, Geneva, CH;
Inventor:
Edouard Joliveau, Vetraz-Monthoux, FR;
Assignee:
Bottomline Technologies, Sarl, Geneva, CH;
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/10 (2012.01); G06F 18/23213 (2023.01); G06N 20/00 (2019.01); G06Q 10/04 (2023.01); G06Q 20/02 (2012.01); G06Q 20/04 (2012.01); G06Q 40/02 (2023.01); G06Q 40/04 (2012.01); G06Q 40/12 (2023.01);
U.S. Cl.
CPC ...
G06Q 20/108 (2013.01); G06F 18/23213 (2023.01); G06N 20/00 (2019.01); G06Q 10/04 (2013.01); G06Q 20/02 (2013.01); G06Q 20/047 (2020.05); G06Q 40/02 (2013.01); G06Q 40/04 (2013.01); G06Q 40/12 (2013.12);
Abstract
A method and apparatus for improving the management of cash and liquidity of an organization utilizing a plurality of currency accounts is described. The improvements optimize the interest earnings for the cash balances in each currency account, and minimizes the expenses related to funding the currency accounts. Machine learning techniques are incorporated to forecast payments, receipts, interest rates and currency exchange rates, and then cash is transferred or borrowed or loaned to fund the payments and utilize available cash.