Patent ID: 11880814
Assignee: BANK OF AMERICA CORPORATION
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 22:
23. A non-transitory machine readable storage medium comprising machine-readable instructions for causing a processor to execute a method of processing account payments associated with a user comprising:
transmitting transmit to a first Internet of Things (IoT) device, an electronic dashboard, wherein the first IoT device supports a first service directly to the user provided by a first service provider, wherein the electronic dashboard includes a first payment account for the service provider and a second payment account for a second service provider, and wherein a second IoT device supports a second service directly to the user provided by the second service provider;
receiving, from the first IoT device and in accordance with interaction between the first IoT device and a user device via a wireless communication channel, an incoming request to electronic fund transfer from a financial account associated with the user to the first payment account associated with the first service provider;
authenticating, based on the received incoming request to electronic fund transfer, the financial account and the first payment account associated with the first service provider;
transmitting an approval notification to the first IoT device;
based on the approval notification, processing the electronic fund transfer from the financial account associated with the user to the first payment account associated with the first service provider;
transmitting, to the second IoT device, the electronic dashboard;
receiving, from the second IoT device, a second incoming request to electronic fund transfer from the financial account associated with the user to the first payment account associated with the first service provider;
determining, utilizing a Long Short-Term Memory (LSTM) neural network, a user payment pattern concerning payment transactions by the user, wherein the determining comprises deep scanning to analyze a relationship history and a frequency of the payment transactions;
generating a reminder notification to the user about a potential upcoming payment due date through at least one IoT device; and
transmitting, in response to the generating, the electronic dashboard, to the first IoT device, at a determined time in accordance with the user payment pattern.