Patent ID: 11935067
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A system for setting spending limits for secondary credit account users, the system comprising:
one or more processors; and
memory in communication with the one or more processors and storing instructions that, when executed by the one or more processors, are configured to cause the system to:
receive primary user account data associated with a credit account held by a primary user;
receive secondary user account data associated with a secondary user associated with the credit account;
generate one or more predictive model systems based on the primary user account data and the secondary user account data, wherein the one or more predictive model systems comprise one or more machine learning models that are trained using data associated with past transactions and associated indications of whether the primary user did or did not manually execute a spending limitation override for each past transaction;
receive a first user input from the primary user via a graphical user interface, the first user input corresponding to a spending limitation associated with the secondary user;
identify a transaction associated with the secondary user that exceeds the spending limitation;
dynamically determine, using the one or more predictive model systems, a threshold;
automatically authorize a spending limitation override when the transaction exceeds the spending limitation by less than the threshold;
when the transaction exceeds the spending limitation by the threshold or greater than the threshold:
automatically reject the spending limitation override;
generate, via the graphical user interface, a notification associated with the rejected spending limitation override, the notification providing an option for the primary user to manually approve the spending limitation override;
receive a second user input from the primary user via the graphical user interface, the second user input comprising a manual override instruction, wherein the manual override instruction comprises an indication of whether or not to manually approve the spending limitation override; and
update the one or more predictive model systems based on the received manual override instruction.