PATENT CLAIM ANALYSIS

Application Number: 16014454
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2019-12
Patent Classification: ["705", "041000"]

Abstract:
A method for providing a gift includes receiving gift information from a first computing device. The gift information includes a maximum gift amount, a gift recipient, and a gifter financial account and gift redemption information. The method includes generating a tokenized PAN associated with the gifter financial account, identifying a second computing device associated with the gift recipient, determining one or more gift redemption locations and receiving gift recipient location data. The method includes determining that the second computing device has entered a gift-eligible location based on the gift recipient location data and the one or more redemption locations and transmitting data indicative of a gift for display by the second computing device. The method further includes outputting an instruction to debit the gifter financial account with an amount of money in response to determining that a transaction has been executed using the tokenized PAN at the gift-eligible location.

Claim (Index 17):
A method for utilizing a customized location-activated gift, comprising:\n registering a first computing device with a software application to associate the first computing device with a user account of a gift recipient; identifying, by the first computing device, a redemption merchant location, wherein identifying the redemption merchant location further comprises:\n connecting, by the first computing device, to a merchant wireless access point; \n identifying the approximate position of the first computing device based on the merchant wireless access point; \n transmitting, from the first computing device to a second computing device, the redemption merchant location, wherein the redemption merchant location is representative of the approximate position of the first computing device; receiving, by the first computing device and from the second computing device, a gift notification and a tokenized primary account number (PAN) associated with a financial account, wherein the second computing device transmits the gift notification in response to determining that the approximate position of the first computing device corresponds to the redemption merchant location based on the merchant wireless access point connection; displaying, by the first computing device and based on the gift notification, an identification of a gifter, a gift amount and gift redemption information; conveying, by the first computing device and to a merchant POS device in association with an attempted transaction, the tokenized PAN to pay for at least a portion of the attempted transaction via the financial account, wherein the merchant POS device is associated with the redemption merchant; receiving, by the first computing device, a notification of the authorization of the attempted transaction; and adjusting a remaining balance associated with the tokenized PAN based on the notification of the authorization of the attempted transaction.

Metadata:
- Claim Count in Document: 12.0
- Percentile: 94.0
- Lexical Diversity: 2.46875
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['16014403', '16014309', '16014523', '13791122', '13907871']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.128427551269959
- 35 USC 102 Novelty (BERT): 0.5496563657364375
- Combined Prediction Score: 0.1705504327166069
- Mean Citation Score: 332.25874
- Max Citation Score: 424.08224
- Similarity Product: 326.0877191738892

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

Dataset: test