Interactive Map for Grouped Financial and Social Activities

Solution Overview

Problem

Financial management systems lack the ability to track and group transactions based on social networking interactions, while social networking systems do not relate social interactions to transactions, leading to incomplete financial and social management.

Innovation Solution

A financial and social management system that captures activity information from various sources, including social networking accounts and location determining devices, and displays this information on an interactive map with markers, allowing users to view transactions, social relationships, and images associated with activities.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If financial management systems track transactions separately from social networking interactions, then transaction tracking is maintained, but the ability to group transactions based on social interactions is lost

Engineering Contradiction:

Improveability to group transactions by social interactionsVSAvoidintegration of social networking and financial systems

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent merges financial transaction tracking with social networking interaction data by creating a unified system that captures both transaction information and social context. The system combines data from financial accounts with social networking profiles, locations, and interactions to create integrated activity records that can be analyzed together, resolving the contradiction by integrating previously separate systems.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The system creates a universal platform that serves both financial management and social networking functions. The activity tracking system can process transactions, social interactions, location data, and images through a single integrated framework, allowing one system to perform multiple functions that were previously handled by separate systems.

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Adaptability or versatility

If social networking systems track interactions separately from transactions, then social interaction tracking is maintained, but the ability to relate interactions to transactions is lost

Engineering Contradiction:

Improveability to relate social interactions to transactionsVSAvoidintegration of financial and social systems

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent merges financial transaction tracking with social networking interaction data by creating a unified system that captures both transaction information and social context. The system combines data from financial accounts with social networking profiles, locations, and interactions to create integrated activity records that can be analyzed together, resolving the contradiction by integrating previously separate systems.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The system uses activity information as an intermediary layer that connects transactions and social interactions. This intermediary structure allows the system to relate transactions to social interactions through shared context data such as location, time, and participant information, enabling cross-referencing between the two previously separate data streams.

Inventive Principle:

Principle #24Intermediary (Mediator)

3Loss of information

If the system captures activity information from multiple sources including social networking accounts and location devices, then comprehensive tracking is improved, but information processing complexity increases

Engineering Contradiction:

Improvecompleteness of activity informationVSAvoiddata aggregation from multiple sources

Core Design Contradiction:

Loss of informationVSDevice complexity

Solution Approach 1:

The patent segments the information aggregation process into distinct modules: financial transaction capture, social networking data capture, location data capture, and image association. Each module handles specific data types from designated sources, then all segmented data is integrated into unified activity records, making the complex multi-source aggregation manageable through structured organization.

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The system uses activity information as an intermediary layer that connects transactions and social interactions. This intermediary structure allows the system to relate transactions to social interactions through shared context data such as location, time, and participant information, enabling cross-referencing between the two previously separate data streams.

Inventive Principle:

Principle #24Intermediary (Mediator)

Data Source

PatentUS9436965B2Interactive map for grouped activities within a financial and social management system

Publication Date: 2016.09.06 BANK OF AMERICA CORP

AI summary

Embodiments of the invention comprise systems, computer program products, and methods for a financial and social management system that provides improved tracking and management related to how, where, when, and with whom a user enters into activities. The financial and social management system captures activity information and images from various sources of information, including but not limited to social networking accounts, e-receipts, location determination devices, and the like, and associates the activity information and images with the activities. The financial and social management system may display the activities, activity information, and images in an interactive map using markers. The markers in the interactive may be displayed as a function of the time of the activity, include images, or transaction data related to the activity. Positioning information related to the location of the user at the time of the activities may also be overlaid on the interactive map.