Patents Assigned to Wachovia Corporation
  • Publication number: 20100161467
    Abstract: A networked computer system comprising a user, a website of a bank or a financial institution, and a computer software tool. The computer software tool is accessible on the website of the bank or the financial institution and provides personalized lifetime financial planning to the user based upon financial information of the user along with a life event and a life stage of the user in an interactive computer generated timeline. The timeline comprises a past event, a present event, a future event, or a combination thereof of the user. The tool provides an automated reminder to the user based upon information of the user present in the timeline. The user may be a customer of the bank or the financial institution.
    Type: Application
    Filed: December 18, 2008
    Publication date: June 24, 2010
    Applicant: Wachovia Corporation
    Inventors: Ilieva I. Ageenko, Kelley A. Doherty, Adrian Paul Van Cleave
  • Publication number: 20100161360
    Abstract: An information technology (IT) strategic management system (and corresponding methodology) that enhances efficiency and effectiveness of IT planning processes and projects is provided. In particular aspects, the systems commence with a review of current IT state and strategy influencers. The state is analyzed to establish (or alternatively, to update) a strategy summary. The strategy summary can be presented for leadership approval and subsequently communicated to stakeholders for deployment.
    Type: Application
    Filed: December 22, 2008
    Publication date: June 24, 2010
    Applicant: Wachovia Corporation
    Inventors: Steven D. Clement, Patricia Snow
  • Publication number: 20100161478
    Abstract: A computer payment banking system comprising a bank or financial institution, a sourced bank account, a sourced bank account holder, and a merchant. The bank or financial institution uses monetary funds from the sourced bank account to pay the merchant. The system is directed to processing of an online web-based purchase associated with the sourced bank account or holder. The system is directed to processing purchases made using a credit or debit instrument associated with the sourced bank account. A source of monetary funds for the sourced bank account includes, but is not limited to, a checking account, credit or debit instrument, online banking account, bank or non-bank line of credit, loan, financial account, and a combination thereof. Online access to rewards, financial reports, budget tools, or spending information of the sourced bank account holder may be provided by the bank or financial institution to the sourced bank account holder.
    Type: Application
    Filed: December 18, 2008
    Publication date: June 24, 2010
    Applicant: Wachovia Corporation
    Inventors: Ross M. Cavanaugh, Michael T. Duke, Dean Patrick Nolan
  • Publication number: 20100153247
    Abstract: Systems (and methodologies) that put consumers in control of NSF/OD (Not Sufficient Funds/Overdraft) fee management are provided. In accordance with the innovation, fees are solely dependent on time to cure a negative balance. In aspects, customers are charged a “per day” or “per diem” rate for NSF and/or OD conditions. By charging a per diem rate, customers are incentivized to cure a negative balance as the fee amount increases as time elapses throughout the balance exception cycle. Additionally, customers can be notified of balance exception situations. The notifications can sent based upon policies, preferences, rules or inferences.
    Type: Application
    Filed: December 15, 2008
    Publication date: June 17, 2010
    Applicant: Wachovia Corporation
    Inventors: Joanne DiPaolo, Bill Carey, Dan Caretta, Brad Arrowood, Jeanine Tabaczynski
  • Publication number: 20100114748
    Abstract: A networked computer system for communicating with a user about spending associated with a payment account of the user. The system comprises a user, a payment account of the user, a web interface for communicating with the user, and a predictive advisor system. The predictive advisor system comprises a predictive advisor engine for monitoring spending activity related to the payment account and for providing financial and savings advice to the user via the web interface.
    Type: Application
    Filed: November 10, 2008
    Publication date: May 6, 2010
    Applicant: Wachovia Corporation
    Inventors: Michael T. Duke, Leigh Ferrante
  • Publication number: 20100114768
    Abstract: A computer-based network system and method for using a payment vehicle having an on and off function. The system comprises a payment vehicle comprising an on and off function to enable or to disable the payment vehicle in the computer-based network for processing an electronic payment transaction, a holder of the payment vehicle, and a computer payment network wherein the computer payment network comprises a transaction engine for enabling or for disabling the payment vehicle at a request of the holder of the payment vehicle.
    Type: Application
    Filed: December 18, 2008
    Publication date: May 6, 2010
    Applicant: Wachovia Corporation
    Inventors: Michael T. Duke, Dean Patrick Nolan
  • Publication number: 20100106693
    Abstract: Systems (and corresponding methodologies) that provide an image appliance which alleviates enterprises from custom designing each appliance for specific business processing purposes are disclosed. Enterprises and organizations can easily capture, consolidate, organize and process image files and electronic documents/content from a variety of input sources such as facsimile, electronic mail, multi-function printer devices (MFDs), desktop files, etc. without a need to custom code specific appliances.
    Type: Application
    Filed: October 23, 2008
    Publication date: April 29, 2010
    Applicant: WACHOVIA CORPORATION
    Inventor: Timothy O'Donoghue
  • Publication number: 20100106550
    Abstract: An activity assignment system is provided which establishes a ‘win-win’ environment benefiting both an employer as well as an employee. Generally, the innovation promotes professional development by providing mechanisms to promote volunteer opportunities within business units of an organization. By enabling employees to bid on intra- and inter-unit opportunities, these mechanisms promote cross-training and personal development.
    Type: Application
    Filed: October 23, 2008
    Publication date: April 29, 2010
    Applicant: WACHOVIA CORPORATION
    Inventor: Michael T. Duke
  • Publication number: 20100076873
    Abstract: The innovation relates to a system and/or methodology for the convenient and consistent determination of fee refunds for financial products. The system provides for a fee refund component that determines a proposed fee refund based on a customer's score, and information regarding the financial institution's fee refund policies. The customer scores and fee refund policies are determined by a data analytics component, which can update the data at regular intervals or when modifications to the data occur.
    Type: Application
    Filed: September 22, 2008
    Publication date: March 25, 2010
    Applicant: WACHOVIA CORPORATION
    Inventors: John David Taylor, Nicholas Edward Vincent, William John Carey, IV, Kimberly Robin Nelson, Cecelia Mason Oakley Gray
  • Publication number: 20100076882
    Abstract: The innovation relates to a system and/or methodology for the convenient and consistent determination of rate exceptions for banking products. The system provides for a rate exception component that determines one or more proposed exception rates based on a customer's score, and information regarding the competitive banking environment for similar banking products. The customer scores and competitive banking environment data are determined by a data analytics component, which can update the data at regular intervals or when modifications to the data occur.
    Type: Application
    Filed: September 22, 2008
    Publication date: March 25, 2010
    Applicant: WACHOVIA CORPORATION
    Inventors: Brian Patrick Butler, Kimberly Robin Nelson, Cecelia Mason Oakley Gray
  • Publication number: 20100076791
    Abstract: A system and method that offers a simple product solution for managing financial risks in retirement is provided. The product solution combines a uniquely structured deposit product (e.g., certificate of deposit (CD)) together with an insurance policy (e.g., group longevity insurance policy) to guarantee a lifetime stream of income to a customer.
    Type: Application
    Filed: September 23, 2008
    Publication date: March 25, 2010
    Applicant: Wachovia Corporation
    Inventor: Donna E. Peterson
  • Publication number: 20100070412
    Abstract: Systems (and corresponding methodologies) that facilitate card-less financial transactions are provided. The innovation enables card-less ATM (automated teller machine) transactions such as cash withdrawals, transfers, balance inquiries, etc. In aspects, customers can set up an ‘electronic wallet’ account based upon a pre-set range or otherwise. Accordingly, access to the ‘electronic wallet’ is granted or denied based upon responses to challenges presented.
    Type: Application
    Filed: September 18, 2008
    Publication date: March 18, 2010
    Applicant: WACHOVIA CORPORATION
    Inventor: Glyn Stanley
  • Publication number: 20090326999
    Abstract: Systems (and corresponding methodologies) for monitoring and tracking the evolution of innovations within organizations, such as corporations, are provided. The innovation employs an image rendering to graphically convey development status. Overall, the innovation discloses a formalized mechanism by which innovations can be progressed from conception to product (or process) development and deployment. Thus, the innovation structures the evolution process of ideas throughout the development from conception to application.
    Type: Application
    Filed: June 30, 2008
    Publication date: December 31, 2009
    Applicant: WACHOVIA CORPORATION
    Inventor: Michael Thomas Duke
  • Publication number: 20090326998
    Abstract: The innovation assists risk management staff within a financial institution to effectively and efficiently, establish, monitor and act upon transaction risks that may occur related to treasury services. The process can include establishing a unique customer information, their account relationships with the bank, assigning transactional exposure limits, monitoring those limits, notifying appropriate (or desired) personnel when limits are breached, and notifying customers as appropriate. Additionally, approval matrices are employed to evaluate risk associated with transaction services.
    Type: Application
    Filed: June 27, 2008
    Publication date: December 31, 2009
    Applicant: WACHOVIA CORPORATION
    Inventors: Ann Watkins, David Denton, Joe Potuzak
  • Publication number: 20090313156
    Abstract: A computer-implemented system and method are provided for adapting the spending limit of a debit instrument in a networked computer system, particularly a daily spending limit. The method comprises determining or receiving notification of whether an electronic request to approve a debit instrument transaction was declined for exceeding a withdrawl limit or a spending limit, determining transactional risk associated with the debit instrument transaction using computer-implemented criteria, and adapting the spending limit of the debit instrument after the determination of transactional risk. Computer-implemented criteria are used to assess the transactional risk associated with a particular debit instrument transaction.
    Type: Application
    Filed: June 12, 2008
    Publication date: December 17, 2009
    Applicant: Wachovia Corporation
    Inventor: Michael D. Herr
  • Publication number: 20090288061
    Abstract: A process (and corresponding system) that defines sequential steps for the introduction, validation, and testing of business applications of emerging technologies, for example mobile banking services, is provided. The innovation provides a definable model and process for rapid innovation with a quality emphasis through efficient pipeline management and performance measurements. For example, the innovation can adhere to an enterprise's e-commerce requirements for a formalized and measurable structure to efficiently and diligently manage new ideas that have the potential to become new products and services that positively impact business.
    Type: Application
    Filed: May 15, 2008
    Publication date: November 19, 2009
    Applicant: WACHOVIA CORPORATION
    Inventors: Juan D. Silvera, Ilieva Ilizastigui Ageenko
  • Publication number: 20090234661
    Abstract: A system (and corresponding method) to identify the quality of two related market feeds, when there is no definitive sequence number or identification that would make explicit comparisons possible is provided. The innovation establishes a unique waveform representation of market tics within feeds, compares the waveforms between feeds and is able to determine which feed was received later. This information can be provided to a trader to make informed decisions or to an algorithmic trading application to ensure utilization of the most reliable data available.
    Type: Application
    Filed: March 12, 2008
    Publication date: September 17, 2009
    Applicant: WACHOVIA CORPORATION
    Inventor: Paul John Wanish
  • Publication number: 20090204462
    Abstract: A system (and corresponding methodology) that supports trade services back office processing to enhance efficiency and productivity is provided. The system employs a unique consolidated screen layout that significantly improves the productivity of the users. Essentially, the system and page layout is composed of the following components: Queue Well, Activity Center, Message Center, Viewing Center and Action Tab. These components facilitate organization of panels that creates an intuitive user interface experience. The system employs a navigational hierarchy of Queue Well to Activity Center and then to the Message and Viewing Centers as appropriate.
    Type: Application
    Filed: March 31, 2008
    Publication date: August 13, 2009
    Applicant: WACHOVIA CORPORATION
    Inventors: Jack McCue, Steve Anderson, Tom Maccariella
  • Publication number: 20090199094
    Abstract: A system and method of integrating financial information and rewards data in a computer system of a financial institution such as an online banking computer system. The method generally comprises providing to a customer of a financial institution access to a computer system comprising financial information and rewards data, and presenting the financial information and rewards data to the customer of the financial institution in a presentation layer viewable by the customer.
    Type: Application
    Filed: February 5, 2008
    Publication date: August 6, 2009
    Applicant: Wachovia Corporation
    Inventors: Kelly Jurgens, Dean Nolan, Steve Boehm
  • Publication number: 20090198572
    Abstract: A method of optimizing rewards earned by a customer of a financial institution comprises presenting data in an online banking computer system of rewards earned by a customer of a financial institution, and presenting data in the online banking computer system of rewards the customer of the financial institution could have earned. Methods for determining the rewards that the customer of the financial institution could have earned are described herein.
    Type: Application
    Filed: February 5, 2008
    Publication date: August 6, 2009
    Applicant: Wachovia Corporation
    Inventor: Kelly Jurgens