US 12,067,541 B2
Integrated electronic disbursement and cash flow management system and method
Stanley M. Devan, Jr., Mount Royal, NJ (US); Steve Markwell, Chapel Hill, NC (US); and Deborah Myers, Hilliard, OH (US)
Assigned to JPMORGAN CHASE BANK, N.A., New York, NY (US)
Filed by JPMorgan Chase Bank, N.A., New York, NY (US)
Filed on Mar. 22, 2019, as Appl. No. 16/361,547.
Application 16/361,547 is a division of application No. 14/106,999, filed on Dec. 16, 2013, granted, now 10,282,712.
Application 14/106,999 is a continuation in part of application No. 13/773,855, filed on Feb. 22, 2013, granted, now 10,387,858.
Claims priority of provisional application 61/762,077, filed on Feb. 7, 2013.
Prior Publication US 2019/0279175 A1, Sep. 12, 2019
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/10 (2012.01); G06Q 20/32 (2012.01); G06Q 30/04 (2012.01); G06Q 40/12 (2023.01)
CPC G06Q 20/10 (2013.01) [G06Q 20/108 (2013.01); G06Q 20/3265 (2020.05); G06Q 30/04 (2013.01); G06Q 40/12 (2013.12); G06Q 40/128 (2013.12)] 15 Claims
OG exemplary drawing
 
1. A computing apparatus comprising:
a memory comprising programmed instructions stored thereon; and
at least one processor coupled to the memory and configured to execute the stored programmed instructions to:
receive a disbursement instruction over a network from a first client computing system having a first mobile application that relates to a disbursement distribution stored thereon, and to process the disbursement instruction to use customer identification data extracted from the disbursement instruction to determine, by accessing a customer profile in a customer database, when at least one available payment channel for the customer includes an electronic payment channel;
select an offer based on the disbursement instruction;
make a disbursement in accordance with the disbursement instruction using the at least one payment channel, and send an electronic disbursement notification to the customer via a second mobile application that relates to a disbursement notification that is stored on a second client computing system associated with a customer, the notification including access to the selected offer, the notification prompting acceptance of the disbursement by including a selectable acceptance button, and the notification including a link to a viewing of at least one disbursement detail on a web site;
monitor acceptance of the disbursement and notify the customer via the second mobile application when the disbursement expires without acceptance, obtain redemption data, and detect at least one pattern that corresponds to fraudulent activity based on the obtained redemption data; and
generate at least one alert to be transmitted to at least one from among the first mobile application and the second mobile application when a disbursement status changes to at least one from among an issued status, an accepted status, a declined status, and an expired status.