Invention Grant
- Patent Title: Systems and methods for creating excess funds from retail transactions and apportioning those funds into investments
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Application No.: US17157951Application Date: 2021-01-25
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Publication No.: US12026779B2Publication Date: 2024-07-02
- Inventor: Jeffrey Cruttenden , Walter Cruttenden
- Applicant: Acorns Grow Incorporated
- Applicant Address: US CA Irvine
- Assignee: Acorns Grow Incorporated
- Current Assignee: Acorns Grow Incorporated
- Current Assignee Address: US CA Irvine
- Agency: Knobbe, Martens, Olson & Bear, LLP
- Main IPC: G06Q40/06
- IPC: G06Q40/06 ; G06Q10/02 ; G06Q20/10

Abstract:
A computer-implemented system comprising one or more processors for executing logic code for receiving transaction data to process a first transaction from a plurality of transactions is provided. The transaction data may include at least one of a transaction descriptor or a transaction value associated with the first transaction. The transaction data is filtered by applying a filtering parameter to at least one of the transaction descriptor or the transaction value. Application of a round up process to the first transaction is prevented based on the filtering, in response to the determining that the first transaction is not conducive to the round up process, thereby preventing an error state in execution of logic code by at least one processor configured for applying the round up process to the first transaction.
Public/Granted literature
Information query