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

Claim 0:
1. A computing platform for processing account payments associated with a user, the computing platform comprising:
at least one processor; and
memory storing computer-readable instructions that, when executed by the at least one processor, cause the computing platform to:
transmit, to a first Internet of Things (IoT) device, an electronic dashboard, wherein the first IoT device supports a first service directly to the 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;
receive, from the first IoT device and in accordance with interaction between the first IoT device and a user device via a wireless communication channel, a first incoming request to electronic fund transfer from a financial account associated with the user to the first payment account associated with the first service provider, at least a portion of an amount owed to the first service provider;
authenticate, based on the first received incoming request to electronic fund transfer, the financial account and the first payment account associated with the first service provider;
transmit an approval notification to the first IoT device;
based on the approval notification, process the electronic fund transfer from the financial account associated with the user to the first payment account associated with the first service 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.