The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 07, 2020
Filed:
Oct. 11, 2017
Bank of America Corporation, Charlotte, NC (US);
Dean Lyons Henry, Charlotte, NC (US);
Huihui Wu, Long Island, NY (US);
Alfred James Reed, Huntersville, NC (US);
BANK OF AMERICA CORPORATION, Charlotte, NC (US);
Abstract
Provide improved validation of a recipient entity when the recipient entity is involved in an interaction with a provider entity. One or more application programming interfaces (APIs) are provided that are utilized to validate the recipient entity. Recipient entity information, such as a recipient entity identifier, is utilized and communicated to the resource systems to more efficiently validate the recipient entity in order to improve the processing capacity, reduce memory requirements, and improve processing speeds for validating the recipient entity for an interaction. Moreover, a more accurate determination of the actual identity of the recipient entity may be provided, thus improving the security of the interaction between the entities and reducing the potential for misappropriation of the resources involved in the interactions.