PATENT CLAIM ANALYSIS

Application Number: 16298405
Application Type: Utility
Filing Date: 2019-03
Publication Date: 2019-09
Patent Classification: ["705", "075000"]

Abstract:
A system and method for coordinating processing of a funds transfer transaction between a transaction requestor and a transaction responder over a communications network. The transaction system comprises receiving a funds amount, requestor identification information, and responder identification information, such that at least one of the funds amount, the requestor identification information, or the responder identification information is encoded in symbology information embodied in a barcode. The system also decodes the symbology information into unencoded information using a coding scheme of the barcode and generates a funds transfer request for the funds transfer transaction, such that the funds transfer request has content including the unencoded information decoded from the symbology information. The system also sends the funds transfer request to a transaction processing system for subsequent settlement, as well as receives transaction confirmation messages.

Claim (Index 6):
The system of  claim 5 , wherein the 2D barcode and corresponding coding scheme are for a barcode type selected from the group consisting of QR codes and Microsoft\u2122 Tag codes.

Metadata:
- Claim Count in Document: 20.0
- Percentile: 99.0
- Lexical Diversity: 2.33871
- Patent Class: 705.0
- Transitional Phrase Type: closed
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['14087195', '13397233', '15693545', '14603886', '15149659']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.2116308326551396
- 35 USC 102 Novelty (BERT): 0.5924013633470699
- Combined Prediction Score: 0.2497078857243326
- Mean Citation Score: 488.667018
- Max Citation Score: 506.56384
- Similarity Product: 501.57139561492926

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

Dataset: test