PATENT CLAIM ANALYSIS

Application Number: 16108860
Application Type: Utility
Filing Date: 2018-08
Publication Date: 2018-12
Patent Classification: ["705", "039000"]

Abstract:
An electronic transaction system interacts directly with the purchaser's bank accounts to effect funds transfers from a purchaser's bank account to a vendor's bank account. The system receives an identification of the vendor, and the amount to be transferred, and proceeds to prompt the purchaser for the purchaser's bank access information. The system accesses the purchaser's banking system, and displays the balances in the purchaser's accounts. The purchaser selects the appropriate account, and the transaction system executes an electronic transfer request to transfer the funds from the selected account to the vendor's bank account and provides a payment confirmation to the vendor. Throughout this process, the vendor has no access to the purchaser's banking information.

Claim (Index 5):
The method of  claim 1 , wherein the transaction request is communicated to the transaction server by a system associated with the vendor.

Metadata:
- Claim Count in Document: 32.0
- Percentile: 96.0
- Lexical Diversity: 2.41818
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['12153876', '09641896', '13425051', '12048109', '12770938']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1207939403955364
- 35 USC 102 Novelty (BERT): 0.5152899340493668
- Combined Prediction Score: 0.1602435397609194
- Mean Citation Score: 284.031346
- Max Citation Score: 299.0306700000001
- Similarity Product: 232.41087383975395

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test