Patent ID: 11868975
Assignee: WELLS FARGO BANK, N.A.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 13:
14. A beneficiary pre-approval computing system, comprising: a storage location comprising a plurality of beneficiaries; and a processor and instructions stored in non-transitory machine-readable media, the instructions configured to cause the beneficiary pre-approval computing system to: register a beneficiary to a rating system, wherein registering comprises: receive an online request to enroll and enrollment information regarding the beneficiary, the enrollment information comprising a first biometric identifier, a number of defects data set, and a first device identifier of a computing device associated with the beneficiary; generate a confidence data set based on determining a degree of consistency of the enrollment information, the confidence data set being indicative of a level of confidence of a source of data of the beneficiary; generate a beneficiary enrollment based on the enrollment information; based on the number of defects data set and the confidence data set, generate a trust score for the beneficiary, wherein the trust score is indicative of the beneficiary's likelihood of being approved to receive funds in an international funds transfer between the beneficiary and a payor, the trust score made available in funds transfer requests related to the beneficiary, the number of defects data set generated based on data of the beneficiary and at least one of a list of government-restricted individuals and a data source comprising information regarding regulatory requirements; generate an anonymized beneficiary identifier token, the beneficiary token being associated with the identity of the beneficiary and the beneficiary token obscuring the identity of the beneficiary; associate the anonymized beneficiary identifier token and the trust score, wherein the anonymized beneficiary identifier token keeps the identity of the beneficiary anonymous when the trust score is subsequently transmitted; store the trust score relationally to the anonymized beneficiary identifier token; receive identifying information including at least one of a receiving account, a financial institution associated with the receiving account, a beneficiary location, a beneficiary name, and an authentication factor, comprising operations to receive a second biometric identifier from the computing device of the beneficiary and compare the second biometric identifier to the first biometric identifier to ensure a match; and validate the identity of the beneficiary in response to the received identifying information; receive a request to complete the funds transfer transaction; when the trust score equals or exceeds a predetermined threshold value, complete the funds transfer transaction, comprising bypassing all of a predetermined international funds transfer check and sending instructions to a financial institution to complete the funds transfer transaction; and when the trust score is below the predetermined threshold value, complete the funds transfer transaction based on performing at least one predetermined international funds transfer check, and, alert the beneficiary of the trust score using the anonymized beneficiary identifier token, comprising: generating a pop-up notification alerting the beneficiary that the trust score is below the predetermine threshold, comprising generating a clickable prompt related to a query regarding the beneficiary; displaying the pop-up notification alerting the beneficiary that the trust score is below the predetermined threshold on a user interface associated with the computing device; receiving a second device identifier in response to the query regarding the beneficiary through the user interface comparing the first device identifier to the second device identifier to ensure a match; and responsive to ensuring a match between the first device identifier and the second device identifier, allowing a beneficiary interaction with the clickable prompt of the pop-up notification on the user interface, wherein the beneficiary interaction with the user interface supplies additional information to generate an updated trust score or complete a funds transfer transaction.