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.

Date of Patent:
Nov. 02, 2021

Filed:

Jan. 30, 2019
Applicant:

Bank of America Corporation, Charlotte, NC (US);

Inventors:

Richard C. Clow, II, Morristown, NJ (US);

Joseph Benjamin Castinado, North Glenn, CO (US);

Assignee:

BANK OF AMERICA CORPORATION, Charlotte, NC (US);

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/02 (2012.01); G06Q 20/10 (2012.01); G06Q 40/00 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/023 (2013.01); G06Q 20/10 (2013.01); G06Q 40/00 (2013.01);
Abstract

Embodiments of the invention are directed to closed-loop resource event processing in which an initial determination as to whether a resource event requiring real-time processing can be processed absent an external real-time processing network. In the event that a determination is made that the resource event can by processed absent the external real-time processing network, a closed network group is created internally within the event-initiating system and the event is processed internally within the event initiating-system. By limiting the use of the real-time processing network to only those resource event that require such processing, less burden is placed on real-time processing network, meaning less processing resources are required and the processing that is required on the real-time processing network can occur more efficiently and effectively.


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