A SAVINGS SYSTEM

Technical Field

The present invention relates to a system which enables to determine a savings amount for the related period by analysing the historical expenditures (spendings) and the savings made by a bank customer on his/her bank accounts, by means of artificial intelligence algorithms and in the event that a savings amount -that is specified by submitting the said savings amount to the customer as a suggestion- is approved by the customer, to transfer the said amount automatically to a savings account owned by the customer.

Background of the Invention

Today, with the increasing rate of expenditure items and expenses, individuals tend to make savings and banks offer opportunities for their customers to make savings.

In the state of the art, it is ensured that an amount information determined by bank customers is transmitted by them by means of a banking application or another communication means and then the said amount is deposit into a savings account opened in specified days. However, customers cannot always manage their expenditures in such cases and they may give up and then spend the amount they allocated for saving.

Therefore, considering the studies and deficiencies in the state of art, it is understood that there is a need for a system which enables to determine a savings amount by analysing the historical expenditures of bank customers and if it is determined that the savings made within the period is less than the specified savings amount, to deposit a ratio in the specified amount of the expenditures -that are realized by the user- into a savings account of the user automatically upon determining a ratio intended for the user to make savings.

The United States patent document US2020058079A1, an application in the state of the art, discloses a simulation and optimization computing system to generate personalized intelligent budgets. The said invention generates a budget model to examine all historical expenditure amounts and expenditure types of the user, to generate the user’ s historical budgets in accordance with the examined expenditures and to determine the user’s spending behavior by combining historical budgets. A plurality of simulations are generated and a plurality of budget estimates are created by means of the budget model generated. A future-time budget is generated through the estimates formed, by using the future-time specified budget constraints. The above-mentioned invention executes one or more machine learning transactions on historical data in order to determine the user’s historical spending behavior when creating his/her budget model. A level of flexibility orvariety ofthe user’s historical expenditure can be identified in each budget class by using machine learning. The said invention may request the user to enter at least one user-defined budget constraint while generating future budget and the user-defined budget constraint may comprise a savings target or any other constraint.

Summary of the Invention

An objective of the present invention is to realize a system which enables to determine a savings amount suitable for the analysed period in accordance with the expenditures and the savings amounts realized by the customer, by analysing the historical expenditures of the bank customer and if it is determined that the amount of savings made by the customer within the period is less than the specified savings amount, to submit the savings amount -that is specified for the related period- to the customer as a suggestion. Another objective of the present invention is to realize a system which enables to determine a savings ratio for the related period by analysing the historical expenditures of the bank customer and it is determined that the amount of savings made by the customer within the period is less than the pre-specified savings amount, to transfer the amount of the customer expenditures in the specified savings ratio automatically to a savings account owned by the customer.

Detailed Description of the Invention

“A Savings System” realized to fulfil the objectives of the present invention is shown in the figure attached, in which:

Figure l is a schematic view of the inventive system.

The components illustrated in the figure are individually numbered, where the numbers refer to the following:

1. System

2. Database

3. Server

The inventive system (1) which enables to determine a suitable savings amount and ratio for customers by analysing the historical expenditures of bank customers and to deposit the percentage of expenditures, that are made by the customer within the period, in the ratio determined as a result of an analysis into a savings account automatically comprises: at least one database (2) which is configured to keep record of the bank account information of customers and the data related to expenditures and savings made over their bank accounts therein; and at least one server (3) which is in communication with the database (2) and manages the database (2); configured to perform a query on the database (2) upon being triggered periodically and to receive the historical expenditure and savings data of the customer; to determine a savings amount and a savings percentage (ratio) for the current period in accordance with the historical expenditure and savings amounts of the customer by analysing the expenditure data received; to transfer the amount of all expenditures, that will be made by the customer within the period, in the ratio of the savings percentage specified in accordance with the analysis automatically to the customer’s savings account if the amount of savings made by the customer within the period is less than the amount of specified savings by controlling the amount of savings made by the customer within the period.

The database (2) included in the inventive system (1) is in communication with the server (3) and configured to be managed by the server (3). In one preferred embodiment of the invention, the database (2) is configured to keep record of bank account information of customers therein in such a way that they are associated with a distinctive singular identity information related to customers. The said database (2) is configured to keep record of data related to the expenditures made over the bank accounts of customers therein in such a way that they are associated with expenditure categories. The database (2) is configured to keep record of data related to the amount of expenditures made by customers in previous periods therein. The database (2) is configured to keep record of information related to savings accounts of customers therein.

The server (3) included in the inventive system (1) is configured to establish communication with remote servers by using any remote communication protocol included in the state of art and to receive the request to open a savings account and the information about the request transmitted by the customers from any communication channel over this communication established. The server (3) is configured to manage the database (2) by means of transactions such as making a record of new data into the database (2), deleting the data recorded in the database (2), changing the data recorded in the database (2) and updating the data recorded in the database (2). The server (3) is configured to perform a query on the database (2) upon being triggered periodically and to receive the historical expenditure and savings data of the customer. The said server (3) is configured to determine a savings amount and a savings percentage (ratio) for the current period in accordance with the historical expenditure and savings amounts of the customer by analysing the historical expenditure and savings data received, by means of an artificial intelligence running thereon. The server (3) is configured to control the amount of expenditure made by the customer in the related period upon being triggered when the customer makes an expenditure and to transfer the amount of the expenditure - to be made- in the ratio determined as a result of an analysis automatically to the customer’s savings account if the amount of savings made by the customer within the period is less than the savings amount determined in accordance with the analysis. In one embodiment of the invention, the server (3) is configured to get approval from the customer in order to transfer the amount that is calculated by applying the determined savings ratio to the expenditure, automatically to his/her savings account. In one preferred embodiment of the invention, the server (3) is configured to process all transactions carried out for money transfer to savings account, in a digital document and then to transmit them to any communication channel so as to be submitted for the customer’s approval.

Industrial Application of the Invention

In one exemplary embodiment of the inventive system (1), the server (3) determines an expenditure amount of 10,000 TL and a savings ratio in the ratio of 10% by analysing the expenditures and the amount of savings made by the customer in the previous period by means of an artificial intelligence. If the server (3) detects that the customer has reached a savings of 8,000 TL by controlling the amount of savings made within the period upon being triggered when the customer makes an expenditure, it ensures that the customer is asked whether s/he wants to make savings or not and if the customer approves the savings, it ensures that 200 TL available in the customer’s account is transferred to the customer’s savings account considering that the transaction amount of the expenditure to be made by the customer is 2.000 TL,

With the inventive system (1), it is possible to get an average expenditure amount of bank customers periodically by tracking their historical expenditure data and customers are enabled to make savings by transferring the said expenditure amount to a new savings account.

Within these basic concepts; it is possible to develop various embodiments of the inventive “Savings System (1)”; the invention cannot be limited to examples disclosed herein and it is essentially according to claims.