ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,444,001, issued on Oct. 14, was assigned to ProActive Fintech LLC (Pleasant Grove, Utah).
"Virtual budgeting systems and methods" was invented by Ryan Clark (Pleasant Grove, Utah) and Richard Holden (Pleasant Grove, Utah).
According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for budgeting and/or spending control. In some implementations, a user may select a plurality of spending categories and/or an amount, such as a threshold amount, for a single, intended transaction on a mobile application or a web-based application. A debit card/spending account under the control of the user may then be activated and/or funds may be temporarily allocated...