Royal Bank of Canada

The Toronto-dominion Bank

Mohit Sharma

Alex Tak Kwun Lau

Lucas Joseph Manuel

Akhil Gupta

Tian Jou Tendy Su

Edison U Ortiz

Asad Joheb

Madeline Redmond

An electronic device includes a communication interface and at least one processor configured for: transmitting to or receiving from a second electronic device over proximity-based communication channel an introduction message including a first encryption key; receiving, from a server via the at least one communication interface, a challenge notification providing notification of a challenge to be completed to initiate a data process, the challenge notification including or providing access to at least one data field associated with a verification challenge; identifying, from the at least one data field, an encrypted challenge response value; decrypting the encrypted challenge response value with a key corresponding to the first encryption key; and transmitting the decrypted challenge response value to the server to complete the challenge to initiate the data process.

System and method for message recipient verification

Methods and computer systems for processing bulk transfer files are described. In an aspect, a transfer processing system is configured for: receiving a bulk transfer file from a remote device, the bulk transfer file defining a plurality of requested transfers associated with a database; classifying one or more of the requested transfers defined in the bulk transfer file as being likely to fail processing by passing the requested transfers defined in the bulk transfer file to a classifier trained to identify transfers likely to fail processing based on training data, the training data including a plurality of prior requested transfers and associated completion indicators indicating the prior requested transfers that failed processing; and providing, in real time or near real time, a notification to the remote device of the requested transfers identified as likely to fail processing.

Systems and methods for real-time transfer failure detection and notification

Growing community of inventors

Toronto, Canada

Mohit Sharma