Patent ID: 11868979
Assignee: BANK OF MONTREAL
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 13:
14. A non-transitory computer-readable storage medium with computer-executable instructions for causing a processor to:
receive an image of an initial payment request from a first electronic address;
verify the first electronic address to retrieve a customer record;
adjust at least one image factor of the image;
input image data into a predictive model;
execute the predictive model to categorize the initial payment request as a bill or not a bill based at least on the image data, the predictive model previously trained based on a set of payment requests and a respective indication on whether each payment request in the set of payment requests is categorized as a bill or a not a bill;
upon categorization of the bill, extract payment data values from the initial payment request;
train the predictive model using the image data from the initial payment request and the data extracted from the payment request when a confidence value for the categorization of the bill satisfies a threshold;
generate a vendor payment request using the extracted payment data based on a vendor format, the extracted payment data indicating a vendor identifier linked to the vendor format;
transmit a payment confirmation request to a second electronic address, the second electronic address stored in the customer record;
receive an approval notification in response to the payment confirmation request from the second electronic address, wherein the approval notification is used for training the predictive model;
transmit the vendor payment request;
receive a payment confirmation indicating successful processing of the vendor payment request; and
update a payment record with the payment confirmation and the extracted payment data, the payment record indicating a customer identifier linked to a customer account.