Patents Assigned to SOUTHWEST BUSINESS CORPORATION
  • Publication number: 20190259095
    Abstract: A method of predicting a future balance of an account involves obtaining an initial balance of the account at the first time, and a stochastic projection model that was developed based on a set of prior transactions associated with the account. The stochastic projection model may model past financial transaction data associated with the account as Geometric Brownian Motion, for example. Based on the stochastic projection model, the method involves estimating a future account balance, or a range of potential account balances within a confidence threshold. The predicted future account balance may be used to detect overspending events, indicate whether or not a user can afford to make a particular purchase, and/or otherwise inform an entity the extent of likely future spending.
    Type: Application
    Filed: February 20, 2019
    Publication date: August 22, 2019
    Applicant: Southwest Business Corporation
    Inventor: Andrew Templeton
  • Patent number: D803251
    Type: Grant
    Filed: October 4, 2016
    Date of Patent: November 21, 2017
    Assignee: SOUTHWEST BUSINESS CORPORATION
    Inventor: Alexander Eriksson
  • Patent number: D803252
    Type: Grant
    Filed: October 4, 2016
    Date of Patent: November 21, 2017
    Assignee: SOUTHWEST BUSINESS CORPORATION
    Inventor: Alexander Eriksson
  • Patent number: D803253
    Type: Grant
    Filed: October 4, 2016
    Date of Patent: November 21, 2017
    Assignee: SOUTHWEST BUSINESS CORPORATION
    Inventor: Alexander Eriksson