Patent ID: 11887082
Assignee: BANK OF AMERICA CORPORATION
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 10:
11. A method for implementing centralized resource distribution framework, the method comprising:
receiving, using one or more processors, from a computing device associated with a client, an indication to initiate a resource transfer to a user, wherein the indication comprises information associated with the user and information associated with a resource;
initiating, using the one or more processors, an identity verification protocol to validate the user in response to receiving the indication, wherein the identity verification protocol comprises a multi-layered exposure-based identity and authentication solution;
receiving, using the one or more processors, from a computing device of the user, physical and digital identity information associated with the user in response to initiating the identity verification protocol;
validating, using the one or more processors, the physical and digital identity of the user using the identity verification protocol, wherein validating further comprises gaining a complete view of misappropriation and exposure for the user based on the physical and digital identity of the user;
comparing, using the one or more processors, the information associated with the user with each user data record stored in a resource repository to determine a match;
determining, using the one or more processors, one or more resource transfer parameters in response to validating the physical and digital identity of the user and determining the match, wherein the resource transfer parameters comprises one or more target repositories and one or more resource routing channels corresponding to the one or more target repositories that are configured to facilitate the resource transfer from a source repository associated with the user to the one or more target repositories;
retrieving, using the one or more processors, from the source repository, the resource, wherein the resource is associated with an initial resource type;
initiating, using the one or more processors, a resource transformation protocol on the resource to transform the resource from the initial resource type to at least one of the one or more resource types;
transforming, using the one or more processors, the resource into the at least one of the one or more resource types using the resource transformation protocol; and
executing, using the one or more processors, the resource transfer based on at least the one or more resource transfer parameters, wherein executing further comprises transferring the resource from the source repository to the one or more target repositories via the one or more resource routing channels.