PATENT CLAIM ANALYSIS

Application Number: 16280720
Application Type: Utility
Filing Date: 2019-02
Publication Date: 2019-06
Patent Classification: ["705", "039000"]

Abstract:
Systems and methods for locating a cash provider using location-based technologies and transfer funds include receiving a request for cash that includes location data obtained from a location-based technology from a withdrawing party device, searching a network of active providing parties for an available providing party based on withdrawing party preferences and the location data, transmitting an alert to an available providing party device, transmitting available providing party data to withdrawing party if the providing party has confirmed availability, receiving a request to transfer a withdrawal amount from an account associated with the withdrawing party device to an account associated with a selected providing party device, receiving confirmation from the withdrawing party device that the withdrawing party has received cash, transferring the withdrawal amount from the withdrawing party to the selected providing party, and transmitting an alert to the selected providing party device that the withdrawal amount has been transferred.

Claim (Index 20):
A method comprising:\n maintaining, in a data storage associated with a withdrawal system, withdrawing party data comprising withdrawer financial account information and providing party data comprising providing party location data; receiving, via a communication interface, a withdrawal request from a withdrawing party device, the withdrawal request comprising withdrawing party location data and a withdrawal amount; identifying, via the withdrawal system, one or more providing party devices stored in the data storage that are within a threshold distance of the withdrawing party device; transmitting, via the communication interface, an alert to each of the one or more providing party devices requesting a confirmation of available cash of at least the withdrawal amount; receiving, via the communication interface, the confirmation from an available providing party device; providing, via the communication interface, available providing party data for display on a user interface of the withdrawing party device; receiving, via the communication interface, acceptance of a cash transfer of the withdrawal amount between the available providing party device and the withdrawing party device; and transferring an amount equal to the withdrawal amount from a withdrawer financial account to a provider financial account, wherein the withdrawer financial account is associated with a user of the withdrawing party device, and wherein the provider financial account is associated with the available providing party device.

Metadata:
- Claim Count in Document: 47.0
- Percentile: 99.0
- Lexical Diversity: 2.72414
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['14942207', '14368343', '15667012', '14662144', '11862977']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1147535777151473
- 35 USC 102 Novelty (BERT): 0.5776199159564571
- Combined Prediction Score: 0.1610402115392782
- Mean Citation Score: 280.034112
- Max Citation Score: 482.08118
- Similarity Product: 407.83519761884935

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test