Patents by Inventor Joshua Allen Beaudry
Joshua Allen Beaudry has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Publication number: 20190279170Abstract: Embodiments of the invention include systems, methods, and computer-program products for dynamic resource management for managing payment exception processing and maximize work flow. In this way, the system may lift data from financial documents received from sources to allow for exception processing. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stock, or misrepresentative checks that may result in a failure to match the check to an associated account for processing. As such, once an exception is identified during the processing the exception is directed to an appropriate resource for processing. The system monitors work flow nodes and resource experience to prevent bottlenecks or underutilization. Furthermore, the system employs awards and gamification models for exception processing.Type: ApplicationFiled: May 28, 2019Publication date: September 12, 2019Applicant: Bank of America CorporationInventors: Michael Gerald Smith, James F. Barrett, II, Andrew Patrick Bastnagel, Joshua Allen Beaudry, Eric Dryer, Shawn Cart Gunsolley, Marshall Bright Thompson, Michael Matthew Wisser
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Patent number: 10373128Abstract: Embodiments of the invention include systems, methods, and computer-program products for dynamic resource management for managing payment exception processing and maximize work flow. In this way, the system may lift data from financial documents received from sources to allow for exception processing. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stock, or misrepresentative checks that may result in a failure to match the check to an associated account for processing. As such, once an exception is identified during the processing the exception is directed to an appropriate resource for processing. The system monitors work flow nodes and resource experience to prevent bottlenecks or underutilization. Furthermore, the system employs awards and gamification models for exception processing.Type: GrantFiled: June 25, 2015Date of Patent: August 6, 2019Assignee: BANK OF AMERICA CORPORATIONInventors: Michael Gerald Smith, James F. Barrett, II, Andrew Patrick Bastnagel, Joshua Allen Beaudry, Eric Dryer, Shawn Cart Gunsolley, Marshall Bright Thompson, Michael Matthew Wisser
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Patent number: 10229395Abstract: Embodiments of the invention include systems, methods, and computer-program products for predictive determination and resolution of an exception located on a negotiable instrument. The exception may be an indicia that includes data related to the payor, payment accounts, or payee. An indicia may not be identified successfully and thus be queued for exception processing. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stock, or misrepresentative indicia points on a negotiable instrument that may result in a failure to match the check to an account for processing. Upon identifying an exception, the system retrieves historical transaction data associated with the resolved indicia. Subsequently, utilizing the resolved indicia, the system may determine a value for the exception identified based on the retrieved historical transaction data. Finally, the determined value may be stored with the negotiable instrument to complete the payment reconciliation process.Type: GrantFiled: June 25, 2015Date of Patent: March 12, 2019Assignee: BANK OF AMERICA CORPORATIONInventors: Michael Gerald Smith, James F. Barrett, II, Andrew Patrick Bastnagel, Joshua Allen Beaudry, Eric Dryer, Shawn Cart Gunsolley, Marshall Bright Thompson, Michael Matthew Wisser
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Patent number: 10115081Abstract: Embodiments of the invention monitor node usage in a transaction processing system. Embodiments include accessing a dynamic mapping of transaction flow in the transaction processing system, the dynamic mapping including a plurality of transaction pathways interconnected by transaction nodes, wherein the transaction nodes represent an automated processing step or action taken by a manual station of the transaction processing system on transactions files that are received at the transaction nodes; wherein the transaction processing system processes a transaction file at a first node and stores information corresponding to the first node and the type of processing that occurred at the first node with the transaction file; determining that the transaction file was processed at the first node; accessing the transaction file to determine the type of processing that occurred at the first node; and performing an action related to the type of processing that occurred at the first node.Type: GrantFiled: June 25, 2015Date of Patent: October 30, 2018Assignee: Bank of America CorporationInventors: Michael Gerald Smith, Joshua Allen Beaudry, Eric Dryer, Marshall Bright Thompson, Shawn Cart Gunsolley, Michael Matthew Wisser, Andrew Patrick Bastnagel, James F. Barrett, II
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Patent number: 10049350Abstract: Disclosed are systems, methods, and computer program products that provide for element level presentation of elements of a payment instrument for exceptions processing. More specifically, the invention involves identifying an exception element from an image of a financial document, determining the location of the exception element based on its coordinates within the image of the financial document, and providing a zoomed-in view of the exception element to the user along with information and resources to allow a user to conveniently conduct accurate analysis of the exception element. The system then receives a correct element from the user to replace the exception element, and then processes the financial document using the replaced correct element instead of the exception element.Type: GrantFiled: June 25, 2015Date of Patent: August 14, 2018Assignee: Bank of America CorporationInventors: Michael Gerald Smith, Eric Dryer, Joshua Allen Beaudry, James F. Barrett, II, Shawn Cart Gunsolley, Michael Matthew Wisser, Andrew Patrick Bastnagel, Marshall Bright Thompson
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Publication number: 20160379190Abstract: Disclosed are systems, methods, and computer program products that provide for element level presentation of elements of a payment instrument for exceptions processing. More specifically, the invention involves identifying an exception element from an image of a financial document, determining the location of the exception element based on its coordinates within the image of the financial document, and providing a zoomed-in view of the exception element to the user along with information and resources to allow a user to conveniently conduct accurate analysis of the exception element. The system then receives a correct element from the user to replace the exception element, and then processes the financial document using the replaced correct element instead of the exception element.Type: ApplicationFiled: June 25, 2015Publication date: December 29, 2016Inventors: Michael Gerald Smith, Eric Dryer, Joshua Allen Beaudry, James F. Barrett, II, Shawn Cart Gunsolley, Michael Matthew Wisser, Andrew Patrick Bastnagel, Marshall Bright Thompson
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Publication number: 20160379184Abstract: Embodiments of the invention include systems, methods, and computer-program products for dynamic resource management for managing payment exception processing and maximize work flow. In this way, the system may lift data from financial documents received from sources to allow for exception processing. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stock, or misrepresentative checks that may result in a failure to match the check to an associated account for processing. As such, once an exception is identified during the processing the exception is directed to an appropriate resource for processing. The system monitors work flow nodes and resource experience to prevent bottlenecks or underutilization. Furthermore, the system employs awards and gamification models for exception processing.Type: ApplicationFiled: June 25, 2015Publication date: December 29, 2016Inventors: Michael Gerald Smith, James F. Barrett, II, Andrew Patrick Bastnagel, Joshua Allen Beaudry, Eric Dryer, Shawn Cart Gunsolley, Marshall Bright Thompson, Michael Matthew Wisser
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Publication number: 20160379185Abstract: Embodiments of the invention include systems, methods, and computer-program products for predictive determination and resolution of an exception located on a negotiable instrument. The exception may be an indicia that includes data related to the payor, payment accounts, or payee. An indicia may not be identified successfully and thus be queued for exception processing. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stock, or misrepresentative indicia points on a negotiable instrument that may result in a failure to match the check to an account for processing. Upon identifying an exception, the system retrieves historical transaction data associated with the resolved indicia. Subsequently, utilizing the resolved indicia, the system may determine a value for the exception identified based on the retrieved historical transaction data. Finally, the determined value may be stored with the negotiable instrument to complete the payment reconciliation process.Type: ApplicationFiled: June 25, 2015Publication date: December 29, 2016Inventors: Michael Gerald Smith, James F. Barrett, II, Andrew Patrick Bastnagel, Joshua Allen Beaudry, Eric Dryer, Shawn Cart Gunsolley, Marshall Bright Thompson, Michael Matthew Wisser
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Publication number: 20160379186Abstract: Disclosed are systems, methods, and computer program products that provide for element level confidence scoring of elements of a payment instrument for exceptions processing. More specifically, the invention involves receiving a threshold confidence score, identifying elements within an image of a financial document, determining a confidence score for each element, wherein the confidence score is based on a likelihood that the identified element is the correct alphanumeric character from the image of the financial document, determining that a first element has a confidence score below the threshold confidence score, and providing the first element to a user for exception element processing. The system then receives a correct element from the user to replace the first element, and then processes the financial document using the replaced element instead of the first element.Type: ApplicationFiled: June 25, 2015Publication date: December 29, 2016Inventors: Michael Gerald Smith, Eric Dryer, Joshua Allen Beaudry, James F. Barrett, II, Shawn Cart Gunsolley, Michael Matthew Wisser, Andrew Patrick Bastnagel, Marshall Bright Thompson
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Publication number: 20160379199Abstract: Embodiments of the invention include systems, methods, and computer-program products for ensuring payment instrument batch integrity. Embodiments determine an expected balance associated with a batch of payment instruments; determine an amount associated with each of the payment instruments in the batch; sum the amounts, resulting in a total balance; compare the total balance with the expected balance; determine that the total balance is not equal to the expected balance; in response to determining that the total balance is not equal to the expected balance, identify payee information extracted from at least one of the payment instruments; and use the identified payee information to determine an outlier payment instrument.Type: ApplicationFiled: June 25, 2015Publication date: December 29, 2016Inventors: Michael Gerald Smith, Joshua Allen Beaudry, Eric Dryer, Marshall Bright Thompson, Shawn Cart Gunsolley, Michael Matthew Wisser, Andrew Patrick Bastnagel, James F. Barrett, II
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Publication number: 20160379180Abstract: Embodiments of the invention monitor node usage in a transaction processing system. Embodiments include accessing a dynamic mapping of transaction flow in the transaction processing system, the dynamic mapping including a plurality of transaction pathways interconnected by transaction nodes, wherein the transaction nodes represent an automated processing step or action taken by a manual station of the transaction processing system on transactions files that are received at the transaction nodes; wherein the transaction processing system processes a transaction file at a first node and stores information corresponding to the first node and the type of processing that occurred at the first node with the transaction file; determining that the transaction file was processed at the first node; accessing the transaction file to determine the type of processing that occurred at the first node; and performing an action related to the type of processing that occurred at the first node.Type: ApplicationFiled: June 25, 2015Publication date: December 29, 2016Inventors: Michael Gerald Smith, Joshua Allen Beaudry, Eric Dryer, Marshall Bright Thompson, Shawn Cart Gunsolley, Michael Matthew Wisser, Andrew Patrick Bastnagel, James F. Barrett, II