Laura Lee Orcutt

US Patent:

8027928, Sep 27, 2011

Filed:

May 9, 2008

Appl. No.:

12/118341

Inventors:

Laura Lee Orcutt - Chanhassen MN, US
Jeffrey Allen Harmon - River Falls WI, US
Michelle Marie Young - Pasadena CA, US

Assignee:

Wells Fargo Bank, N.A. - San Francisco CA

International Classification:

G06Q 20/00

US Classification:

705 64, 705 67, 705 1

Abstract:

In general, this disclosure describes techniques of dynamically selecting deposit clearing methods based on business rules. As described in this disclosure, a financial institution receives checks drawn on other financial institutions as customer deposits. When the financial institution receives a check, the financial institution automatically applies one or more customizable business rules to identify a method to clear the check. The financial institution then uses the identified method to clear the check.

US Patent:

20050097050, May 5, 2005

Filed:

Oct 30, 2003

Appl. No.:

10/699552

Inventors:

Laura Orcutt - Chanhassen MN, US

International Classification:

G06F017/60

US Classification:

705045000

Abstract:

A technique is provided for automatically converting checks to ACH debits. The process is a two-part process in which the MICR line in a check is read at the point the check is presented and a decision is made if the check can be converted to an ACH debit. The decision is made by applying various rules. If the system is unable to convert the check to an ACH debit, then the check is processed as a normal check. If a decision is made that the check can be processed as an ACH debit, then the MICR line is parsed for the financial institution which issues the check to create the ACH debit.

US Patent:

20210383382, Dec 9, 2021

Filed:

Sep 1, 2017

Appl. No.:

15/694080

Inventors:

- San Francisco CA, US
John G. Kolar - San Francisco CA, US
Michele M. Ladmirault - San Francisco CA, US
Laura Lee Orcutt - Chanhassen MN, US
Angela Sicord - San Francisco CA, US

International Classification:

G06Q 20/40
G06Q 20/10

Abstract:

A computer-implemented method includes receiving a payment request for a financial transaction and determining whether the financial transaction violates at least one of a hard or soft rule associated with a customer account. The method also includes, in response to determining that the transaction does not violate a hard rule but violates a soft rule, determining whether the financial transaction is low risk and, in response to determining that the financial transaction is low risk, authorizing the payment for the transaction. The method further includes updating the violated soft rule such that future financial transactions similar to the authorized financial transaction do not violate the soft rule.

US Patent:

20210158397, May 27, 2021

Filed:

Dec 20, 2016

Appl. No.:

15/384970

Inventors:

- San Francisco CA, US
Laura Lee Orcutt - Chanhassen MN, US
Aashir Shroff - Palo Alto CA, US

International Classification:

G06Q 30/02
G06Q 40/00
G06Q 20/36

Abstract:

A financial institution computing system is described. The financial institution computing system sets up a budget for a user within a budget tool, and obtains individual budgets for categories of products and services for the user through the budget tool. Each individual budget includes an amount to spend for a corresponding category within a period of time. The financial institution computing system also tracks actual expenditures by the user, and facilitates targeted advertising based on the individual budgets and the actual expenditures.