Interactive Mapping System for Financial and Social Data Integration

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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 provide a way to relate social interactions to financial transactions, leading to a disconnect between financial and social data.

Innovation Solution

A financial and social management system that captures activity information from various sources, including social networking accounts and location determination devices, and displays this information in an interactive map, allowing users to filter and visualize transactions, expenses, and social interactions, providing cost recommendations and integrating with financial institution services.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If financial management systems track transactions separately from social interactions, then financial tracking is simple and reliable, but the system cannot group transactions based on social networking interactions or provide integrated user experience

Engineering Contradiction:
Improveability to track and group transactions based on social networking interactionsVSAvoidsystem integration complexity
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent combines financial management system capabilities with social networking system capabilities into a single integrated system. This allows transactions to be tracked and grouped based on social networking interactions while maintaining data from both separate systems, resolving the contradiction between integration versatility and system complexity

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The integrated system performs multiple functions: it tracks financial transactions, captures social networking interactions, groups transactions by social context, and provides user experience augmentation. This multi-functional approach enables the system to adapt to various user needs while consolidating what would otherwise require separate systems

Inventive Principle:
Principle #6Universality (Multi-functionality)

2Adaptability or versatility

If social networking systems operate independently without financial integration, then social interaction tracking is simple and reliable, but the system cannot relate social networking interactions to financial transactions

Engineering Contradiction:
Improveability to relate social networking interactions to transactionsVSAvoiddata integration complexity
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent introduces an intermediary layer that captures data from both social networking accounts and financial management systems, then integrates and correlates this data. This intermediary component enables the relationship between social interactions and transactions without requiring direct complex integration between the original separate systems

Inventive Principle:
Principle #24Intermediary (Mediator)

3Loss of information

If the system displays detailed activity information and images for all users, then user experience is comprehensive and informative, but information overload and processing complexity increase

Engineering Contradiction:
Improvecompleteness of activity informationVSAvoiddata processing and display complexity
Core Design Contradiction:
Loss of informationVSDevice complexity

Solution Approach 1:

The patent applies local quality by providing different levels of information detail to different users based on their roles and permissions. For example, users can see their own detailed activity information with images, while other users see aggregated or summarized information about group activities, reducing overall information overload while maintaining completeness for individual users

Inventive Principle:
Principle #3Local quality

Data Source

PatentUS10002395B2Interactive mapping system for user experience augmentation
Publication Date: 2018.06.19 BANK OF AMERICA CORP
  • US10002395B2 patent drawing
  • US10002395B2 patent drawing
  • US10002395B2 patent drawing

AI summary

Embodiments of the invention comprise systems, computer program products, and methods for an interactive mapping system. The system provides improved tracking and management related to activity resource requirements in a time/geographic locational relationship. The system captures activity information and images and identifies relationship resource requirements for the activity. The system generates an interactive mapping system for user experience augmentation.