Granted Patent B2

US 12,315,007 · App. 18/314,931 · Granted May 27, 2025

Inventors: Adrian Bloy (Ottawa, CA); Daniel Lam Tin Cheung (Richmond Hill, CA); Asgar Maleki (Toronto, CA); Kevin Yuen (Toronto, CA); Danielle Marie Mullenax (Gatineau, CA)

Assignee: The Toronto-Dominion Bank

G06Q40/03G06F40/174G06Q20/10G06Q20/1085G06Q20/3223G06Q20/36

Abstract

Claims (64)

1. A system comprising:

at least one memory storing instructions;

at least one hardware processor interoperably coupled with the at least one memory, wherein the instructions, when executed by the at least one hardware processor, causes the system to perform operations comprising:

receiving, at a merchant application, a request to perform a credit application process associated with a particular user account during a current transaction being conducted at the merchant application, wherein the credit application process is associated with and performed by a particular institution;

providing for display, via a user interface and within the merchant application, a dynamically-generated interactive form and current disclosure information associated with a credit application for the particular institution, wherein providing the dynamically-generated interactive form for display, comprises:

performing, using an application programming interface (API) exposed by a financial institution and for the credit application, a selection of the current disclosure information and current application requirements for the credit application, wherein the selection is based on a plurality of application requirements conforming with respective regional requirements and a plurality of disclosure forms received from a particular institution system over a particular time period; and

determining, at runtime and based on the current application requirements, a current set of user input fields for inclusion on at least partially pre-populating the dynamically-generated interactive form;

pre-populating the current set of the user input fields of the dynamically-generated interactive form using additional information associated with the user account, obtained, from a merchant database; and

performing, based on the current application requirements, a dynamic formatting of the current set of user input fields for display on the dynamically-generated interactive form for format compatibility with the API associated with the particular institution;

transmitting, from the merchant application, to a device having the API associated with the particular institution, and based at least in part on information entered into the dynamically-generated interactive form, a first signal comprising data for performing the credit application process, comprising a merchant-specific identifier of the particular user account;

receiving, by the merchant application, a second signal comprising an approval associated with the credit application process, a payment credential associated with a new credit account created in response to the approval of the credit application process, and the merchant-specific identifier, the merchant-specific identifier linking the payment credential to the particular user account;

storing, by the merchant application and using the merchant-specific identifier, the payment credential in a proprietary wallet associated with a merchant and a user profile associated with the particular user account corresponding to the merchant-specific identifier; and

processing the current transaction using the payment credential.

2. The system of claim 1 , the instructions, when executed by the at least one hardware processor, causes the system to perform operations comprising:

accessing a user profile of the particular user account to obtain a set of personally identifiable information associated with the particular user account; and

updating at least a portion of the dynamically-generated interactive form with a portion of the set of personally identifiable information.

3. The system of claim 2 , the instructions, when executed by the at least one hardware processor, causes the system to perform operations comprising:

receiving, via the user interface, additional user input providing additional information to the dynamically-generated interactive form associated with the credit application.

4. The system of claim 1 , wherein the credit application process for the particular user account is performed based on information included in the first signal and the new credit account for the particular user account at the particular institution is created in response to the approval of the credit application.

5. The system of claim 1 , wherein the payment credential comprises at least one of (i) a personal account number, (ii) an expiration date of a payment card, or (iii) a payment token, associated with the new credit account.

6. The system of claim 1 , wherein receiving the second signal comprises receiving the second signal via at least one API associated with the merchant application.

7. The system of claim 1 , the instructions, when executed by the at least one hardware processor, causes the system to perform operations comprising:

dynamically determining, by the API of the financial institution and for the credit application, disclosure information for the credit application; and

providing for display, by the merchant application, the disclosure information.

8. The system of claim 1 , wherein the merchant application comprises an e-commerce engine, the e-commerce engine is configured to:

provide at least one of (i) items, (ii) products, or (iii) services, offered by the merchant application to the particular user account; and

initiating the credit application process associated with the particular user account during the current transaction being conducted at the merchant application.

9. The system of claim 2 , wherein obtaining the set of personally identifiable information comprises establishing a secure communications channel from the merchant application to a repository storing the user profile.

10. A non-transitory, computer-readable medium storing computer-readable instructions that, when executed by at least one processor, causes performance of operations comprising:

receiving, at a merchant application, a request to perform a credit application process associated with a particular user account during a current transaction being conducted at the merchant application, wherein the credit application process is associated with and performed by a particular institution;

providing for display, via a user interface and within the merchant application, a dynamically-generated interactive form and current disclosure information associated with a credit application for the particular institution, wherein providing the dynamically-generated interactive form for display, comprises:

performing, using an application programming interface (API) exposed by a financial institution and for the credit application, a selection of the current disclosure information and current application requirements for the credit application, wherein the selection is based on a plurality of application requirements conforming with respective regional requirements and a plurality of disclosure forms received from a particular institution system over a particular time period; and

determining, at runtime and based on the current application requirements, a current set of user input fields for inclusion on at least partially pre-populating the dynamically-generated interactive form;

pre-populating the current set of the user input fields of the dynamically-generated interactive form using additional information associated with the user account, obtained, from a merchant database; and

performing, based on the current application requirements, a dynamic formatting of the current set of user input fields for display on the dynamically-generated interactive form for format compatibility with the API associated with the particular institution;

transmitting, from the merchant application, to a device having the API associated with the particular institution, and based at least in part on information entered into the dynamically-generated interactive form, a first signal comprising data for performing the credit application process, comprising a merchant-specific identifier of the particular user account;

receiving, by the merchant application, a second signal comprising an approval associated with the credit application process, a payment credential associated with a new credit account created in response to the approval of the credit application process, and the merchant-specific identifier, the merchant-specific identifier linking the payment credential to the particular user account;

storing, by the merchant application and using the merchant-specific identifier, the payment credential in a proprietary wallet associated with a merchant and a user profile associated with the particular user account corresponding to the merchant-specific identifier; and

processing the current transaction using the payment credential.

11. The non-transitory, computer-readable medium of claim 10 , wherein the operations further comprise:

accessing a user profile of the particular user account to obtain a set of personally identifiable information associated with the particular user account; and

updating at least a portion of the dynamically-generated interactive form with a portion of the set of personally identifiable information.

12. The non-transitory, computer-readable medium of claim 11 , wherein the operations further comprise:

receiving, via the user interface, additional user input providing additional information to the dynamically-generated interactive form associated with the credit application.

13. The non-transitory, computer-readable medium of claim 10 , wherein the credit application process for the particular user account is performed based on information included in the first signal and the new credit account for the particular user account at the particular institution is created in response to the approval of the credit application.

14. The non-transitory, computer-readable medium of claim 10 , wherein the payment credential comprises at least one of (i) a personal account number, (ii) an expiration date of a payment card, or (iii) a payment token, associated with the new credit account.

15. The non-transitory, computer-readable medium of claim 10 , wherein receiving the second signal comprises receiving the second signal via at least one API associated with the merchant application.

16. A computer-implemented method, comprising:

receiving, at a merchant application, a request to perform a credit application process associated with a particular user account during a current transaction being conducted at the merchant application, wherein the credit application process is associated with and performed by a particular institution;

providing for display, via a user interface and within the merchant application, a dynamically-generated interactive form and current disclosure information associated with a credit application for the particular institution, wherein providing the dynamically-generated interactive form for display, comprises:

performing, using an application programming interface (API) exposed by a financial institution and for the credit application, a selection of the current disclosure information and current application requirements for the credit application, wherein the selection is based on a plurality of application requirements conforming with respective regional requirements and a plurality of disclosure forms received from a particular institution system over a particular time period; and

determining, at runtime and based on the current application requirements, a current set of user input fields for inclusion on at least partially pre-populating the dynamically-generated interactive form;

pre-populating the current set of the user input fields of the dynamically-generated interactive form using additional information associated with the user account, obtained, from a merchant database; and

performing, based on the current application requirements, a dynamic formatting of the current set of user input fields for display on the dynamically-generated interactive form for format compatibility with the API associated with the particular institution;

transmitting, from the merchant application, to a device having the API associated with the particular institution, and based at least in part on information entered into the dynamically-generated interactive form, a first signal comprising data for performing the credit application process, comprising a merchant-specific identifier of the particular user account;

receiving, by the merchant application, a second signal comprising an approval associated with the credit application process, a payment credential associated with a new credit account created in response to the approval of the credit application process, and the merchant-specific identifier, the merchant-specific identifier linking the payment credential to the particular user account;

storing, by the merchant application and using the merchant-specific identifier, the payment credential in a proprietary wallet associated with a merchant and a user profile associated with the particular user account corresponding to the merchant-specific identifier; and

processing the current transaction using the payment credential.

17. The computer-implemented method of claim 16 , further comprising:

accessing a user profile of the particular user account to obtain a set of personally identifiable information associated with the particular user account; and

updating at least a portion of the dynamically-generated interactive form with a portion of the set of personally identifiable information.

18. The computer-implemented method of claim 16 , further comprising:

dynamically determining, by the API of the financial institution and for the credit application, disclosure information for the credit application; and

providing for display, by the merchant application, the disclosure information.

Assignments (2)

Continuity (3)

References Cited (159)