Patent ID: 11868973
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 7:
8. The computer-implemented method of claim 1, further comprising:
determining, based on the identified time associated with the multi-party event, that the multi-party event has concluded;
retrieving, from the database, transactions and one or more parties associated with the multi-party event;
generating, based on an aggregation of transaction amounts of the transactions associated with the multi-party event, an optimized payment scheme for payment to the one or more parties associated with the multi-party event;
generating, based on the optimized payment scheme, the one or more delegation requests, wherein each delegation request comprises information indicating:
a party from the multi-party event identified as a payor party,
a party from the multi-party event identified as a payee party, and
an amount to be paid by the payor party to the payee party; and

for each of the one or more delegation requests, transmitting the delegation request to a corresponding payor party.