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

Claim 12:
13. A method comprising:
transmitting, to a first Internet of Things (IoT) device by a computing platform, an electronic dashboard, wherein the first IoT device supports a first service directly to a user provided by a first service provider, wherein the electronic dashboard includes a first payment account for the first 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;
generating, by the first IoT device with a user device through a communication module, a wireless signal over a wireless communications channel conveying the electronic dashboard;
receiving, by the first IoT device from the user device via the communication channel, a payment indication to initiate payment for first and second services supported by the first and second IoT devices, respectively;
receiving, by the computing platform from the first IoT device, an incoming request to electronic fund transfer from a financial account associated with the user to at least one payment account associated with at least one service provider, at least a portion of an amount owed to the at least one provider;
authenticating, based on the received incoming request to electronic fund transfer, the financial account and the at least one payment account associated with the at least one provider;
transmitting an approval notification to the IoT device; and
based on the approval notification, processing the electronic fund transfer from the financial account associated with the user to the at least one payment account associated with the at least one provider;
transmit, to the second IoT device, the electronic dashboard;
receive, 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;
determine, 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;
generate a reminder notification to the user about a potential upcoming payment due date through at least one IoT device; and
transmit, in response to the generating, the electronic dashboard, to the first IoT device, at a determined time in accordance with the user payment pattern.