US 12,333,599 B1
Financial health scoring for direct client-merchant transactions
Bradford Stroh, San Mateo, CA (US)
Assigned to Freedom Financial Network LLC, San Mateo, CA (US)
Filed by FREEDOM FINANCIAL NETWORK, LLC, San Mateo, CA (US)
Filed on May 4, 2022, as Appl. No. 17/736,842.
Claims priority of provisional application 63/184,068, filed on May 4, 2021.
Claims priority of provisional application 63/184,057, filed on May 4, 2021.
Int. Cl. G06Q 40/03 (2023.01); G06Q 40/06 (2012.01)
CPC G06Q 40/03 (2023.01) [G06Q 40/06 (2013.01)] 17 Claims
OG exemplary drawing
 
1. A computing system comprising:
a network communication interface communicating, over one or more networks, with computing devices of clients of a financial health service;
one or more processors; and
a memory storing instructions that cause the computing system to:
receive, over the one or more networks, client financial data of a client of the financial health service, wherein the client financial data includes data received from an account that the client has linked to the financial health service;
using the client financial data, generate an individualized action plan and a financial health score for the client;
receive, in real time over the one or more networks, financial update data indicating changes to a financial situation of the client, wherein the financial update data is updated in part in each instance where a corresponding transaction involving the corresponding account that the client has linked to the financial health service is detected;
in response to receiving the financial update data, update the individualized action plan and the financial health score for the client;
receive, over the one or more networks, a financial health request from a computing device of a transaction entity with which the client transacts;
in response to receiving the financial health request from the computing device of the transaction entity, transmit, over the one or more networks, an authentication request to the computing device of the client, wherein the authentication request is generated in an application on the computing device of the client;
receive, over the one or more networks, via a user interface of the application on the computing device of the client, the client's input authorizing the computing system to release the updated financial health score of the client to the computing device of the transaction entity;
and
based on the client's input authorizing the release of the updated financial health score, transmit, over the one or more networks, the updated financial health score to the computing device of the transaction entity.