WO2022115081A1 - A savings account management system - Google Patents

A savings account management system Download PDF

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Publication number
WO2022115081A1
WO2022115081A1 PCT/TR2021/051249 TR2021051249W WO2022115081A1 WO 2022115081 A1 WO2022115081 A1 WO 2022115081A1 TR 2021051249 W TR2021051249 W TR 2021051249W WO 2022115081 A1 WO2022115081 A1 WO 2022115081A1
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WO
WIPO (PCT)
Prior art keywords
customer
savings
expenditure
amount
server
Prior art date
Application number
PCT/TR2021/051249
Other languages
French (fr)
Inventor
Cemal KIRLAR
Original Assignee
Turkiye Garanti Bankasi Anonim Sirketi
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Turkiye Garanti Bankasi Anonim Sirketi filed Critical Turkiye Garanti Bankasi Anonim Sirketi
Publication of WO2022115081A1 publication Critical patent/WO2022115081A1/en

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Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06N—COMPUTING ARRANGEMENTS BASED ON SPECIFIC COMPUTATIONAL MODELS
    • G06N20/00—Machine learning

Definitions

  • the present invention relates to a system for determining a savings amount via machine learning algorithms by analysing previous expenditures of bank customers on bank accounts they have, and depositing the said amount automatically to a predetermined account on a day when the customer does not make expenditure.
  • bank customers are enabled to transmit information about an amount they determine for savings by means of a banking application or a different communication means and then it is ensured that the said is deposited to a savings account on designated days.
  • customers cannot always manage their expenditures and spend the amount they kept for saving, by giving it up in such cases.
  • a plurality of simulations are generated on possible future expenditures by means of a budget model generated and a plurality of future budget estimates are generated.
  • a future-time budget is generated by using budget constraints which are determined on the basis of future-time by means of estimates.
  • the above-mentioned invention implements one or more machine learning processes on historical data to determine the user’s historical spending behavior while generating his/her budget model.
  • a level of flexibility or variability of the user’s historical expenditure can be identified in each budget class by using machine learning.
  • the said invention may ask the user to enter at least one user- defined budget constraint, while generating future budgets and the user-defined budget constraint may comprise a savings target or any other constraint.
  • An objective of the present invention is to realize a system for determining a savings amount suitable for customers by analysing previous expenditures of bank customers, and depositing the said amount automatically to a designated account on a day when the customer does not make expenditure.
  • Figure l is a schematic view of the inventive system.
  • the inventive system (1) for determining a savings amount suitable for customers by analysing previous expenditures of bank customers, and depositing the said amount automatically to a designated account on days when no expenditure is made comprises: at least one database (2) which is configured to keep record of the bank account information about the customers and the data about the expenditures made over their bank accounts; and at least one server (3) which is in communication with the database (2); manages the database (2) and is configured to perform a query on the database (2) for the customer who transmits the request, upon being triggered by a request for opening a savings account transmitted by a customer by means of any communication channel and to receive historical expenditure data about a customer; to determine an average expenditure amount of a customer for a certain period as a savings amount, by analysing the received expenditure data in accordance with the information about the expenditure request transmitted; to determine whether the customer made any expenditure at the end of the day or not by following up the customer’s expenditures; and if it detects that the customer made an expenditure at the end of the day, to ensure that a designated savings amount is transferred to a predetermined
  • the database (2) included in the inventive system (1) is in communication with the server (3) and it is configured to be managed by the server (3).
  • the database (2) is configured to keep record of bank account information of customers, such that these are correlated with a distinctive singular identity information about customers.
  • the said database (2) is configured to keep record of data about expenditures made over bank accounts of customers, such that these are correlated with expenditure categories.
  • the database (2) is configured to keep record of information about the term of period when the savings amount transmitted by bank customers via any communication channel will be calculated, information about the expenditure category to be taken into account or calculation and information about the account where the savings account will be deposited.
  • the database (2) is configured to keep record of information about amount to be transferred to the savings account that is transmitted by bank customers via any communication channel.
  • the server (3) included in the inventive system (1) is configured to establish communication with external servers by using any remote communication protocol included in the state of the art and to receive a request for opening a savings account transmitted by customers from any communication channel over this communication established and the information about the request.
  • the server (3) is configured to manage the database (2) by means of transactions such as performing new data record into the database (2), deleting the data recorded in the database (2) or changing the data recorded in the database (2) and updating the data recorded in the database (2).
  • the server (3) is configured to perform a query on the database (2) for the customer who transmits the request and to receive the historical expenditure data about the customer, upon being triggered in accordance with the request for making savings received.
  • the server (3) is configured to detect spending habits of customers by processing the expenditure data received, by means of machine learning algorithms and to calculate the average expenditure amount within a designated period (daily/weekly/monthly/annual) that is stated in the request transmitted by the customer. In one embodiment, the server (3) is configured to put the expenditures -that are included in expenditure categories stated within the request transmitted by the customer- into process in calculating the average expenditure amount from expenditure data. The said server (3) is configured to determine whether the customer made an expenditure at the end of the day or not by following up the customer’s expenditures.
  • the server (3) is configured to transfer the calculated average expenditure amount from the bank account stated in the request transmitted by the customer to a new savings amount as the savings amount, if it detects that the customer did not make any expenditure by any payment means at the end of the day.
  • the server (3) is configured to check the available balance of a bank account from where a savings amount will be withdrawn while transferring the calculated average expenditure amount from a bank account stated by the customer to a new savings amount.
  • the server (3) is configured to be able to withdraw a savings amount from different accounts by querying other bank accounts of a customer, if it detects that the available balance of a bank account from where a savings amount will be withdrawn is not sufficient for withdrawing the savings amount.
  • the server (3) is configured to transfer a savings amount from a designated account to a new bank account, if it detects that the available balance of a bank account from where a savings amount will be withdrawn is sufficient for withdrawing the savings amount.
  • the server (3) is configured to transmit it to related units for informing the customer, if it detects that no sufficient balance is available in any bank accounts of a customer for the savings amount to be withdrawn.
  • the server (3) is configured to ensure that a designated savings amount is transferred to a new savings account, if it detects that a savings amount is available in the savings request transmitted by the customer.
  • the server (3) is configured to enter all transactions carried out for money transfer to a savings account, into a digital document to submit for the customer’s approval.
  • customers are enabled to make savings upon an average savings amount is obtained by tracking historical expenditure data of bank customers and transferring the said expenditure data to a new savings account.

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  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Engineering & Computer Science (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Technology Law (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

The present invention relates to a system (1) for determining a savings amount via machine learning algorithms by analysing previous expenditures of bank customers on bank accounts they have, and depositing the said amount automatically to a predetermined account on a day when the customer does not make expenditure.

Description

A SAVINGS ACCOUNT MANAGEMENT SYSTEM
Technical Field
The present invention relates to a system for determining a savings amount via machine learning algorithms by analysing previous expenditures of bank customers on bank accounts they have, and depositing the said amount automatically to a predetermined account on a day when the customer does not make expenditure.
Background of the Invention
Today, bank customers can execute and manage all types of banking transactions electronically. The fact that customers can examine the expenditures made and categorize the expenditures is one of the said transactions. Thereby, customers can observe in which areas and at what times they spend more and they can draw inferences for the purpose of improving their expenditures.
In the state of the art, bank customers are enabled to transmit information about an amount they determine for savings by means of a banking application or a different communication means and then it is ensured that the said is deposited to a savings account on designated days. However, customers cannot always manage their expenditures and spend the amount they kept for saving, by giving it up in such cases.
Therefore considering the studies and the deficiencies in the state of the art, it is understood that there is need for a system for determining a savings amount suitable for customers by analysing previous expenditures of bank customers, and depositing the said amount automatically to a designated account on a day when the customer does not make expenditure. The invention disclosed in the United States patent document no. US2020058079A1, an application in the state of the art, mentions a simulation and optimization computing system for generating customized intelligent budgets. The said invention generates a budget model for examining all historical spending amounts of a user, generating historical budgets of a user in accordance with the expenditures examined and detecting spending habit of a user by combining historical budgets. A plurality of simulations are generated on possible future expenditures by means of a budget model generated and a plurality of future budget estimates are generated. A future-time budget is generated by using budget constraints which are determined on the basis of future-time by means of estimates. The above-mentioned invention implements one or more machine learning processes on historical data to determine the user’s historical spending behavior while generating his/her budget model. A level of flexibility or variability of the user’s historical expenditure can be identified in each budget class by using machine learning. The said invention may ask the user to enter at least one user- defined budget constraint, while generating future budgets and the user-defined budget constraint may comprise a savings target or any other constraint.
Summary of the Invention
An objective of the present invention is to realize a system for determining a savings amount suitable for customers by analysing previous expenditures of bank customers, and depositing the said amount automatically to a designated account on a day when the customer does not make expenditure.
Detailed Description of the Invention
“A Savings Account Management System” realized to fulfill the objective of the present invention is shown in the figure attached, in which: Figure l is a schematic view of the inventive system.
The components illustrated in the figure are individually numbered, where the numbers refer to the following:
1. System
2. Database
3. Server
The inventive system (1) for determining a savings amount suitable for customers by analysing previous expenditures of bank customers, and depositing the said amount automatically to a designated account on days when no expenditure is made comprises: at least one database (2) which is configured to keep record of the bank account information about the customers and the data about the expenditures made over their bank accounts; and at least one server (3) which is in communication with the database (2); manages the database (2) and is configured to perform a query on the database (2) for the customer who transmits the request, upon being triggered by a request for opening a savings account transmitted by a customer by means of any communication channel and to receive historical expenditure data about a customer; to determine an average expenditure amount of a customer for a certain period as a savings amount, by analysing the received expenditure data in accordance with the information about the expenditure request transmitted; to determine whether the customer made any expenditure at the end of the day or not by following up the customer’s expenditures; and if it detects that the customer made an expenditure at the end of the day, to ensure that a designated savings amount is transferred to a predetermined customer account. The database (2) included in the inventive system (1) is in communication with the server (3) and it is configured to be managed by the server (3). In a preferred embodiment of the invention, the database (2) is configured to keep record of bank account information of customers, such that these are correlated with a distinctive singular identity information about customers. The said database (2) is configured to keep record of data about expenditures made over bank accounts of customers, such that these are correlated with expenditure categories. The database (2) is configured to keep record of information about the term of period when the savings amount transmitted by bank customers via any communication channel will be calculated, information about the expenditure category to be taken into account or calculation and information about the account where the savings account will be deposited. In one embodiment of the invention, the database (2) is configured to keep record of information about amount to be transferred to the savings account that is transmitted by bank customers via any communication channel.
The server (3) included in the inventive system (1) is configured to establish communication with external servers by using any remote communication protocol included in the state of the art and to receive a request for opening a savings account transmitted by customers from any communication channel over this communication established and the information about the request. The server (3) is configured to manage the database (2) by means of transactions such as performing new data record into the database (2), deleting the data recorded in the database (2) or changing the data recorded in the database (2) and updating the data recorded in the database (2). The server (3) is configured to perform a query on the database (2) for the customer who transmits the request and to receive the historical expenditure data about the customer, upon being triggered in accordance with the request for making savings received. The server (3) is configured to detect spending habits of customers by processing the expenditure data received, by means of machine learning algorithms and to calculate the average expenditure amount within a designated period (daily/weekly/monthly/annual) that is stated in the request transmitted by the customer. In one embodiment, the server (3) is configured to put the expenditures -that are included in expenditure categories stated within the request transmitted by the customer- into process in calculating the average expenditure amount from expenditure data. The said server (3) is configured to determine whether the customer made an expenditure at the end of the day or not by following up the customer’s expenditures. The server (3) is configured to transfer the calculated average expenditure amount from the bank account stated in the request transmitted by the customer to a new savings amount as the savings amount, if it detects that the customer did not make any expenditure by any payment means at the end of the day. The server (3) is configured to check the available balance of a bank account from where a savings amount will be withdrawn while transferring the calculated average expenditure amount from a bank account stated by the customer to a new savings amount. The server (3) is configured to be able to withdraw a savings amount from different accounts by querying other bank accounts of a customer, if it detects that the available balance of a bank account from where a savings amount will be withdrawn is not sufficient for withdrawing the savings amount. In a preferred embodiment of the invention, the server (3) is configured to transfer a savings amount from a designated account to a new bank account, if it detects that the available balance of a bank account from where a savings amount will be withdrawn is sufficient for withdrawing the savings amount. The server (3) is configured to transmit it to related units for informing the customer, if it detects that no sufficient balance is available in any bank accounts of a customer for the savings amount to be withdrawn. In a different embodiment of the invention, the server (3) is configured to ensure that a designated savings amount is transferred to a new savings account, if it detects that a savings amount is available in the savings request transmitted by the customer. In a preferred embodiment of the invention, the server (3) is configured to enter all transactions carried out for money transfer to a savings account, into a digital document to submit for the customer’s approval. With the inventive system (1), customers are enabled to make savings upon an average savings amount is obtained by tracking historical expenditure data of bank customers and transferring the said expenditure data to a new savings account. Within these basic concepts; it is possible to develop various embodiments of the inventive “Savings Account Management System (1)”; the invention cannot be limited to examples disclosed herein and it is essentially according to claims.

Claims

1. A system (1) for determining a savings amount suitable for customers by analysing previous expenditures of bank customers, and depositing the said amount automatically to a designated account on days when no expenditure is made; comprising: at least one database (2) which is configured to keep record of the bank account information about the customers and the data about the expenditures made over their bank accounts; and characterized by at least one server (3) which is in communication with the database (2); manages the database (2) and is configured to perform a query on the database (2) for the customer who transmits the request, upon being triggered by a request for opening a savings account transmitted by a customer by means of any communication channel and to receive historical expenditure data about a customer; to determine an average expenditure amount of a customer for a certain period as a savings amount, by analysing the received expenditure data in accordance with the information about the expenditure request transmitted; to determine whether the customer made any expenditure at the end of the day or not by following up the customer’s expenditures; and if it detects that the customer made an expenditure at the end of the day, to ensure that a designated savings amount is transferred to a predetermined customer account.
2. A system (1) according to Claim 1 ; characterized by the database (2) which is in communication with the server (3) and configured to be managed by the server (3).
3. A system (1) according to Claim 1 or 2; characterized by the database (2) which is configured to keep record of bank account information of customers, such that these are correlated with a distinctive singular identity information about customers.
4. A system (1) according to any of the preceding claims; characterized by the database (2) which is configured to keep record of data about expenditures made over bank accounts of customers, such that these are correlated with expenditure categories.
5. A system (1) according to any of the preceding claims; characterized by the database (2) which is configured to keep record of information about the term of period when the savings amount transmitted by bank customers via any communication channel will be calculated, information about the expenditure category to be taken into account or calculation and information about the account where the savings account will be deposited.
6. A system (1) according to any of the preceding claims; characterized by the database (2) which is configured to keep record of information about amount to be transferred to the savings account that is transmitted by bank customers via any communication channel.
7. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to establish communication with external servers by using any remote communication protocol included in the state of the art and to receive a request for opening a savings account transmitted by customers from any communication channel over this communication established and the information about the request.
8. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to manage the database (2) by means of transactions such as performing new data record into the database (2), deleting the data recorded in the database (2) or changing the data recorded in the database (2) and updating the data recorded in the database (2).
9. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to perform a query on the database (2) for the customer who transmits the request and to receive the historical expenditure data about the customer, upon being triggered in accordance with the request for making savings received.
10. A system (1) according to Claim 9; characterized by the server (3) which is configured to detect spending habits of customers by processing the expenditure data received, by means of machine learning algorithms and to calculate the average expenditure amount within a designated period that is stated in the request transmitted by the customer.
11. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to put the expenditures -that are included in expenditure categories stated within the request transmitted by the customer- into process in calculating the average expenditure amount from expenditure data.
12. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured determine whether the customer made an expenditure at the end of the day or not, by following up the customer’s expenditures.
13. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to transfer the calculated average expenditure amount from the bank account stated in the request transmitted by the customer to a new savings amount as the savings amount, if it detects that the customer did not make any expenditure by any payment means at the end of the day.
14. A system (1) according to Claim 13; characterized by the server (3) which is configured to check the available balance of a bank account from where a savings amount will be withdrawn, while transferring the calculated average expenditure amount from a bank account stated by the customer to a new savings amount.
15. A system (1) according to any of Claim 13 or 14; characterized by the server (3) which is configured to be able to withdraw a savings amount from different accounts by querying other bank accounts of a customer, if it detects that the available balance of a bank account from where a savings amount will be withdrawn is not sufficient for withdrawing the savings amount.
16. A system (1) according to any of Claim 13 or 14; characterized by the server (3) which is configured to transfer a savings amount from a designated account to a new bank account, if it detects that the available balance of a bank account from where a savings amount will be withdrawn is sufficient for withdrawing the savings amount.
17. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to transmit it to related units for informing the customer, if it detects that no sufficient balance is available in any bank accounts of a customer for the savings amount to be withdrawn.
18. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to ensure that a designated savings amount is transferred to a new savings account, if it detects that a savings amount is available in the savings request transmitted by the customer.
19. A system (1) according to any of the preceding claims; characterized by the server (3) which is configured to enter all transactions carried out for money transfer to a savings account, into a digital document to submit for the customer’s approval.
PCT/TR2021/051249 2020-11-24 2021-11-22 A savings account management system WO2022115081A1 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
TR2020/18866 2020-11-24
TR2020/18866A TR202018866A2 (en) 2020-11-24 2020-11-24 A savings account management system

Publications (1)

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WO2022115081A1 true WO2022115081A1 (en) 2022-06-02

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WO (1) WO2022115081A1 (en)

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2024063724A1 (en) * 2022-09-21 2024-03-28 Turkiye Garanti Bankasi Anonim Sirketi A savings system
WO2024072345A1 (en) * 2022-09-26 2024-04-04 Turkiye Garanti Bankasi Anonim Sirketi A system for the use of savings account

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
KR101040751B1 (en) * 2010-10-22 2011-06-10 주식회사 국민은행 Smart phone, finance service system using that smart phone, and service method thereof and a saving medium having that service method
KR20130091955A (en) * 2012-02-09 2013-08-20 주식회사 신한은행 Method and apparatus for bank's providing saving account for small saver, method and apparatus for client's utilizing saving account for small saver

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
KR101040751B1 (en) * 2010-10-22 2011-06-10 주식회사 국민은행 Smart phone, finance service system using that smart phone, and service method thereof and a saving medium having that service method
KR20130091955A (en) * 2012-02-09 2013-08-20 주식회사 신한은행 Method and apparatus for bank's providing saving account for small saver, method and apparatus for client's utilizing saving account for small saver

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2024063724A1 (en) * 2022-09-21 2024-03-28 Turkiye Garanti Bankasi Anonim Sirketi A savings system
WO2024072345A1 (en) * 2022-09-26 2024-04-04 Turkiye Garanti Bankasi Anonim Sirketi A system for the use of savings account

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