Patents by Inventor Kazi M. Ariff

Kazi M. Ariff 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).

  • Publication number: 20150287137
    Abstract: Systems, methods, and computer program products are provided for providing a financial health indicator based on the user's credit report score and the user's budget indicator. Implemented in conjunction with a budget tracking system, the invention may provide financial health indicators indicating both short-term budget impact and long-term budget impact. In addition, certain embodiments provide for recognizing recurring expenditures and automatically providing the user with the budget impact of such recurring expenditures as a financial health indicator.
    Type: Application
    Filed: April 7, 2014
    Publication date: October 8, 2015
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Kazi M. Ariff, Carol A. Smith, Shane A. Johnson, Russell W. Tipper, Yicong Li, Sean M. O'Connor, Thomas D. Kelley, Susan S. Thomas, William F. Borowski, William J. Aheron, Judith M. Anderson, Steven K. Hayes, Neal G. Wolfson, Jeffrey P. Judd, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20150221044
    Abstract: Systems, methods, and computer program products are provided for a financial health indicator. The financial health indicator provides a dynamic indication of a user's financial health in terms of their current credit and their current ability to save in relation to a budget. The systems, methods, and computer program products also provide for user-configured spending guardrails in a budget tracking system. The use of spending guardrails is instrumental in insuring that the user of the budget tracking system adheres to their assigned budget. By providing for dynamically configurable spending thresholds the user may define, change, suspend, or the like spending guardrails as dictated by current circumstances. The configurable nature of the guardrails insures that guardrails are tailored to the needs of the individual user.
    Type: Application
    Filed: May 15, 2014
    Publication date: August 6, 2015
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: KAZI M. ARIFF, CAROL A. SMITH, SHANE A. JOHNSON, RUSSELL W. TIPPER, YICONG LI, SEAN M. O'CONNOR, THOMAS D. KELLEY, SUSAN S. THOMAS, WILLIAM F. BOROWSKI, WILLIAM J. AHERON, JUDITH M. ANDERSON, STEVEN K. HAYES, NEAL G. WOLFSON, JEFFREY P. JUDD, JAMES P. KIRKMAN, JEFFREY H. BIERER
  • Patent number: 8744914
    Abstract: Systems, methods, and computer program products are provided for assisting a consumer during a transaction with a vendor at a point of sale by providing transaction information to the consumer via consumer-readable communications. In one embodiment, a payment terminal proximate the point of sale communicates a transaction information signal to the mobile device. The mobile device communicates the transaction information to the consumer in a consumer-readable format such as audible sound waves. In some embodiments, the consumer-readable communications include requests for consumer input. The consumer input is received by an input device proximate the mobile device and communicated to the payment terminal. In some embodiments consumer input is received by the payment terminal as well as the mobile device, and in some embodiments, the consumer chooses whether to use the mobile device as an interface or only to use the payment terminal.
    Type: Grant
    Filed: January 28, 2010
    Date of Patent: June 3, 2014
    Assignee: Bank of America Corporation
    Inventors: Felix A. Mon, Robert J. Mackenzie, Susan Smith Thomas, Jason Michael Ackiss, Maile George, Robert Fleetwood Armstrong, Kazi M. Ariff, Erik Stephen Ross
  • Patent number: 8447692
    Abstract: Apparatus and methods for providing a personal financial network service are provided. The method may use an electronic information processing platform. The method may include storing information relating to a first participant account. The method may also include storing information relating to a second participant account. The systems and methods of the invention may further include storing information relating to a group of accounts containing the first participant and the second participant account, wherein first said account and second said account are stored independently of one another.
    Type: Grant
    Filed: March 20, 2009
    Date of Patent: May 21, 2013
    Assignee: Bank of America Corporation
    Inventors: Susan S. Thomas, William F. Borowski, Kazi M. Ariff, Carol A. Smith, Judith M. Anderson, Steven K. Hayes, Thomas D. Kelley, Neal G. Wolfson, Sean M. O'Connor, Russell W. Tipper, Jeffrey P. Judd, William J. Aheron, Yicong Li, Shane A. Johnson, James P. Kirkman, Jeffrey H. Bierer
  • Patent number: 8412622
    Abstract: Systems, methods, and computer program products are provided for a financial health indicator. The financial health indicator provides a dynamic indication of a user's financial health in terms of their current credit worthiness and their current ability to save in relation to a budget. In this regard, the financial health indicator is based on a user's credit report score, such as one or more FICO type credit scores and the user's savings as indicated by a budget tracking system. In embodiments of the invention in which the financial health indicator is implemented in conjunction with a budget tracking system, the financial health indicator provides necessary feedback to the user that serves to inform the user as to how they are performing in terms of staying on track to their individual budget allocations. Additionally, in certain embodiments, the provider of the budget tracking system may provide for awards based on achieving a predefined financial health indicator level and/or score.
    Type: Grant
    Filed: March 30, 2009
    Date of Patent: April 2, 2013
    Assignee: Bank of America Corporation
    Inventors: Kazi M. Ariff, Carol A. Smith, Shane A. Johnson, Russell W. Tipper, Yicong Li, Sean M. O'Connor, Thomas D. Kelley, Susan S. Thomas, William F. Borowski, William J. Aheron, Judith M. Anderson, Steven K. Hayes, Neal G. Wolfson, Jeffrey P. Judd, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20110184820
    Abstract: Systems, methods, and computer program products are provided for assisting a consumer during a transaction with a vendor at a point of sale by providing transaction information to the consumer via consumer-readable communications. In one embodiment, a payment terminal proximate the point of sale communicates a transaction information signal to the mobile device. The mobile device communicates the transaction information to the consumer in a consumer-readable format such as audible sound waves. In some embodiments, the consumer-readable communications include requests for consumer input. The consumer input is received by an input device proximate the mobile device and communicated to the payment terminal. In some embodiments consumer input is received by the payment terminal as well as the mobile device, and in some embodiments, the consumer chooses whether to use the mobile device as an interface or only to use the payment terminal.
    Type: Application
    Filed: January 28, 2010
    Publication date: July 28, 2011
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Felix A. Mon, Robert J. MacKenzie, Susan Smith Thomas, Jason Michael Ackiss, Maile George, Robert Fleetwood Armstrong, Kazi M. Ariff, Erik Stephen Ross
  • Publication number: 20110184821
    Abstract: Systems, methods, and computer program products are provided for providing a modified transaction process or session for a consumer at a point of sale of a vendor when triggered by a consumer's transaction or payment device. The transaction device either stores consumer preference data or stores pointer data pointing to the network location of the consumer preference data. The transaction device communicates with the vendor's point of sale or payment terminal, and the payment terminal processes the consumer preference data.
    Type: Application
    Filed: January 28, 2010
    Publication date: July 28, 2011
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Felix A. Mon, Jason Michael Ackiss, Maile George, Robert Fleetwood Armstrong, Kazi M. Ariff, Erik Stephen Ross
  • Publication number: 20100250419
    Abstract: Systems, methods, and computer program products are provided for a financial institution-implemented budget system that determines and/or recommends a financial institution customer's targeted budget allocation based on current budget allocation, responses to a budget profile questionnaire and/or peer budget allocation data. The budget profile questionnaire is instrumental in understating the spending needs of the customer. Peer budget allocation data takes into account the customer's profile data, such as demographics and the like and allows for the customer to select target budget allocation from amongst national averages or peers in the same residential area.
    Type: Application
    Filed: March 30, 2009
    Publication date: September 30, 2010
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Kazi M. Ariff, Carol A. Smith, Shane A. Johnson, Russell W. Tipper, Yicong Li, Sean M. O'Connor, Thomas D. Kelley, Susan S. Thomas, William F. Borowski, William J. Aheron, Judith M. Anderson, Steven K. Hayes, Neal G. Wolfson, Jeffrey P. Judd, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20100250421
    Abstract: Systems, methods, and computer program products are provided for a dynamic determination of the budget impact on expenditures, such as expenditures, potential expenditures, cost adjustments and the like. Implemented in conjunction with a budget tracking system, the budget impact determiner of the present invention may provide for both short-term budget impact and long-term budget impact. In addition, certain embodiments provide for recognizing recurring expenditures and automatically providing the user with the budget impact of such recurring expenditures.
    Type: Application
    Filed: March 30, 2009
    Publication date: September 30, 2010
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Kazi M. Ariff, Carol A. Smith, Shane A. Johnson, Russell W. Tipper, Yicong Li, Sean M. O'Connor, Thomas D. Kelley, Susan S. Thomas, William F. Borowski, William J. Aheron, Judith M. Anderson, Steven K. Hayes, Neal G. Wolfson, Jeffrey P. Judd, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20100250420
    Abstract: Systems, methods, and computer program products are provided for user-configured spending guardrails in a budget tracking system. The use of spending guardrails is instrumental in insuring that the user of the budget tracking system adheres to their assigned budget. By providing for dynamically configurable spending thresholds the user may define, change, suspend or the like spending guardrails as dictated by current circumstances. The configurable nature of the guardrails insures that guardrails are tailored to the needs of the individual user.
    Type: Application
    Filed: March 30, 2009
    Publication date: September 30, 2010
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Kazi M. Ariff, Carol A. Smith, Shane A. Johnson, Russell W. Tipper, Yicong Li, Sean M. O'Connor, Thomas D. Kelley, Susan S. Thomas, William F. Borowski, William J. Aheron, Judith M. Anderson, Steven K. Hayes, Neal G. Wolfson, Jeffrey P. Judd, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20100250430
    Abstract: Systems, methods, and computer program products are provided for a financial health indicator. The financial health indicator provides a dynamic indication of a user's financial health in terms of their current credit worthiness and their current ability to save in relation to a budget. In this regard, the financial health indicator is based on a user's credit report score, such as one or more FICO type credit scores and the user's savings as indicated by a budget tracking system. In embodiments of the invention in which the financial health indicator is implemented in conjunction with a budget tracking system, the financial health indicator provides necessary feedback to the user that serves to inform the user as to how they are performing in terms of staying on track to their individual budget allocations. Additionally, in certain embodiments, the provider of the budget tracking system may provide for awards based on achieving a predefined financial health indicator level and/or score.
    Type: Application
    Filed: March 30, 2009
    Publication date: September 30, 2010
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Kazi M. Ariff, Carol A. Smith, Shane A. Johnson, Russell W. Tipper, Yicong Li, Sean M. O'Connor, Thomas D. Kelley, Susan S. Thomas, William F. Borowski, William J. Aheron, Judith M. Anderson, Steven K. Hayes, Neal G. Wolfson, Jeffrey P. Judd, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20100241561
    Abstract: A method for providing a lifestage insurance product for a customer includes receiving an insurance allocation for each of a plurality of lifestages. The plurality of lifestages includes a first lifestage and a second lifestage. Insurance coverage of a first lifestage is provided for the customer in accordance with the insurance allocation of the first lifestage. The insurance coverage from the insurance allocation for the first lifestage is shifted to the insurance allocation for the second lifestage upon determining a shift in lifestages has occurred.
    Type: Application
    Filed: March 20, 2009
    Publication date: September 23, 2010
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: William F. Borowski, William J. Aheron, Judith M. Anderson, Kazi M. Ariff, Jeffrey H. Bierer, Steven K. Hayes, Shane A. Johnson, Jeffrey P. Judd, Thomas D. Kelley, James P. Kirkman, Yicong Li, Sean M. O'Connor, Carol A. Smith, Susan S. Thomas, Russell W. Tipper, Neal G. Wolfson
  • Publication number: 20100241559
    Abstract: Apparatus and methods for providing an online financial social network service to a user. The method may include storing in a computer information about a financial goal of a first user. The method may additionally include receiving instructions to present a display reflecting the stored financial goal information. The method may also include authenticating a second user to access the first user online financial social network account.
    Type: Application
    Filed: March 20, 2009
    Publication date: September 23, 2010
    Applicant: Bank of America
    Inventors: Sean M. O'Connor, William F. Borowski, Kazi M. Ariff, Carol A. Smith, Judith M. Anderson, Steven K. Hayes, Thomas D. Kelley, Neal G. Wolfson, Susan S. Thomas, Russell W. Tipper, Jeffrey P. Judd, William J. Aheron, Yicong Li, Shane A. Johnson, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20100241584
    Abstract: Apparatus and methods for configuring a flexible pension account are provided. A flexible pension account may be offered as a product of a financial institution. Terms governing contribution of funds to the account, distribution of funds from the account, modifications to the account and management of the account may be chosen to create an account customized toward individual customer needs. The flexibility within the account design allows for unequal contributions from a variety of contributors as well as unequal distributions to a variety of beneficiaries. The flexible design may be combined, in certain embodiments, with tax-deferred growth and a minimum income guarantee. Account management and modification may be in the hands of an account administrator.
    Type: Application
    Filed: March 20, 2009
    Publication date: September 23, 2010
    Applicant: Bank of America
    Inventors: James P. Kirkman, William F. Borowski, Kazi M. Ariff, Carol A. Smith, Judith M. Anderson, Steven K. Hayes, Thomas D. Kelley, Neal G. Wolfson, Susan S. Thomas, Russell W. Tipper, Jeffrey P. Judd, William J. Aheron, Yicong Li, Shane A. Johnson, Sean M. O'Connor, Jeffrey H. Bierer
  • Publication number: 20100241545
    Abstract: Apparatus and methods for configuring a master financial account providing comprehensive access to financial services are provided. A master account may be configured for a customer of a financial institution. The master account holder may build a customized array of financial services which may be accessed and managed through the master account. Benefits associated with use of a sub-account may accrue collectively in the master account.
    Type: Application
    Filed: March 20, 2009
    Publication date: September 23, 2010
    Applicant: Bank of America
    Inventors: Sean M. O'Connor, William F. Borowski, Kazi M. Ariff, Carol A. Smith, Judith M. Anderson, Steven K. Hayes, Thomas D. Kelley, Neal G. Wolfson, Susan S. Thomas, Russell W. Tipper, Jeffrey P. Judd, William J. Aheron, Yicong Li, Shane A. Johnson, James P. Kirkman, Jeffrey H. Bierer
  • Publication number: 20100241546
    Abstract: Apparatus and methods for providing a personal financial network service are provided. The method may use an electronic information processing platform. The method may include storing information relating to a first participant account. The method may also include storing information relating to a second participant account. The systems and methods of the invention may further include storing information relating to a group of accounts containing the first participant and the second participant account, wherein first said account and second said account are stored independently of one another.
    Type: Application
    Filed: March 20, 2009
    Publication date: September 23, 2010
    Applicant: Bank of America
    Inventors: Susan S. Thomas, William F. Borowski, Kazi M. Ariff, Carol A. Smith, Judith M. Anderson, Steven K. Hayes, Thomas D. Kelley, Neal G. Wolfson, Sean M. O'Connor, Russell W. Tipper, Jeffrey P. Judd, William J. Aheron, Yicong Li, Shane A. Johnson, James P. Kirkman, Jeffrey H. Bierer