US 12,118,618 B2
Technology for user-enabled use restrictions on user-authorized financial instrument
Hope Astle, Charlotte, NC (US); Adam Rogers, Charlotte, NC (US); Erik Schutzman, Charlotte, NC (US); Sarah Massagee, Charlotte, NC (US); and Joel Baker, Charlotte, NC (US)
Assigned to Truist Bank, Charlotte, NC (US)
Filed by Truist Bank, Charlotte, NC (US)
Filed on Feb. 6, 2023, as Appl. No. 18/164,857.
Prior Publication US 2024/0265454 A1, Aug. 8, 2024
Int. Cl. G06Q 40/00 (2023.01); G06Q 40/06 (2012.01)
CPC G06Q 40/06 (2013.01) 15 Claims
OG exemplary drawing
 
1. A server computing system, comprising:
one or more processors; and
a non-transitory memory coupled to the one or more processors, the non-transitory memory including a digital wallet hardware module and a set of instructions of computer-executable program code, which when executed by the one or more processors, cause the server computing system to:
receive, from an authenticated client device executing financial institution application software, a service request to participate in a temporary spend limit program for a user-authorized financial payment instrument comprising a digital wallet associated with a user financial account,
cause, via the digital wallet hardware module in response to receipt of the service request, a visual display of a graphical user interface (GUI) on a user interface of the client device, the GUI comprising a digital representation of the digital wallet and one or more user-engageable use restriction input settings to facilitate entry of one or more use restrictions on the digital wallet, the one or more user-engageable use restriction input settings comprising a predetermined spend limit input setting associated with a predetermined time limit input setting, the predetermined spend limit setting having a predetermined maximum spend limit based on a current user status level among a plurality of user status levels associated with the user financial accounts, the GUI having a user-engageable toggle switch to selectively enable or disable the predetermined time limit,
receive, from the client device, account settings data associated with the one or more use restrictions input settings for the digital wallet,
execute, in response to expiration of the predetermined end date, a return of the predetermined spend limit to a default spend limit, and
transmit, to the client device via the digital wallet hardware module in response to the expiration of the predetermined end date, an electronic notification including a user-engageable link that causes a visual display of the GUI dashboard on the user interface to enable the user to set one or more new use restrictions on the digital wallet.