Financial Transaction Content Location Identifier

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Solution Overview

Problem

Conventional online financial applications lack the ability to present comprehensive content related to financial transactions, limiting user control over the type and scope of information displayed and failing to associate content with transactions for presentation in online interfaces or account statements.

Innovation Solution

A system and method that allows requestors to identify and associate content with financial transactions, using a content location identifier to facilitate access to this content within online financial account interfaces or account statements, enabling the inclusion of textual, image, or multimedia content alongside transaction information.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of information

If conventional online financial applications present only basic transaction information, then the system complexity remains low and ease of operation is maintained, but the quantity of information provided to users is insufficient and user engagement is limited

Engineering Contradiction:

Improveinformation completenessVSAvoidsystem complexity

Core Design Contradiction:

Loss of informationVSDevice complexity

Solution Approach 1:

The patent segments the content delivery system into distinct components: content identifiers embedded in transaction data, content storage separate from transaction processing, and content retrieval mechanisms. This allows comprehensive information presentation without overwhelming the core transaction processing system, resolving the contradiction between information completeness and system complexity

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The patent introduces content identifiers as intermediaries that link transaction data to external content resources. These identifiers enable the system to reference extensive content without directly embedding it in transaction records, maintaining system simplicity while providing rich information access to users

Inventive Principle:

Principle #24Intermediary (Mediator)

2Adaptability or versatility

If online financial applications provide only standard transaction fields, then ease of operation is maintained, but adaptability to different content types and user needs is reduced

Engineering Contradiction:

Improvecontent flexibilityVSAvoiduser interface simplicity

Core Design Contradiction:

Adaptability or versatilityVSEase of operation

Solution Approach 1:

The patent creates a universal content identifier framework that can reference diverse content types (text, images, videos, documents) through a single mechanism. This multi-functional approach allows the system to adapt to various content needs without creating separate handling procedures for each type, maintaining operational simplicity while enhancing versatility

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

The patent adds a new dimension to transaction data by incorporating content identifiers as a separate field that references external resources. This dimensional addition allows rich content association without complicating the core transaction structure, enabling flexibility while preserving interface simplicity

Inventive Principle:

Principle #17Another dimension (Dimensionality change)

3Loss of information

If comprehensive content is embedded directly in transaction records, then information completeness is improved, but data processing time and storage requirements increase

Engineering Contradiction:

Improvecontent accessibilityVSAvoidprocessing time

Core Design Contradiction:

Loss of informationVSLoss of time

Solution Approach 1:

The patent extracts content from transaction records and stores it separately, keeping only content identifiers in the transaction data. This extraction eliminates the time and storage overhead of embedding full content while maintaining accessibility, as users can retrieve content through the identifiers without it burdening the core transaction processing

Inventive Principle:

Principle #2Taking out (Extraction)

4Ease of operation

If no content association mechanism is implemented, then system complexity remains low, but user engagement and transaction clarity are reduced

Engineering Contradiction:

Improveuser engagementVSAvoidcontent management complexity

Core Design Contradiction:

Ease of operationVSDevice complexity

Solution Approach 1:

The patent enables content association through a self-service mechanism where merchants or users can attach content identifiers to their transactions without requiring complex content management infrastructure. The system automatically handles content retrieval and presentation based on these identifiers, enhancing user engagement while keeping the content management mechanism simple and intuitive

Inventive Principle:

Principle #25Self-service

Data Source

PatentUS8626659B1Facilitating presentation of content relating to a financial transaction

Publication Date: 2014.01.07 FISERV INC

AI summary

Systems, methods and computer-readable media for facilitating the presentation of content associated with a financial transaction are disclosed. The content may be identified by a requestor or a party to the financial transaction on whose behalf a request associated with the financial transaction is received. A content location identifier that identifies a location where the content is stored may be identified or generated and may be included in or otherwise provided in association with a debit or credit instruction. The content location identifier may be presented by a user interface associated with a financial institution in conjunction with other transaction information and may facilitate access to the content and presentation of the content to a user.