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:
Feb. 22, 2022

Filed:

Oct. 08, 2018
Applicant:

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

Inventors:

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

Charles Russell Kendall, Snoqualmie, WA (US);

Andrew S. Heiman, Nashville, TN (US);

Assignee:

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

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/38 (2012.01); G06Q 20/12 (2012.01); G06Q 20/10 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/381 (2013.01); G06Q 20/10 (2013.01); G06Q 20/12 (2013.01);
Abstract

Embodiments of the invention are directed to a system, method, or computer program product for a closed loop platform for dynamic currency conversion. In this way, the invention eliminates currency discrepancy during resource exchange and provides a dynamic currency conversion in real-time for interactions, via a closed loop platform. Using closed loop processing, the invention verifies and authorizes resource transfers, bypassing current currency conversion processing.


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