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:
Feb. 13, 2024
Filed:
Jul. 21, 2021
Stripe, Inc., San Francisco, CA (US);
Qi Zhang, Foster City, CA (US);
Jeremiah Clemenson, San Francisco, CA (US);
Katherine Yu, San Francisco, CA;
Albert Koy, San Francisco, CA (US);
Andrew Straussman, Plymouth, MN (US);
Eric Zhang, San Francisco, CA (US);
Jordan McQueen, Seattle, WA (US);
Yiran Gao, Palo Alto, CA (US);
STRIPE, INC., South San Francisco, CA (US);
Abstract
A method and apparatus for managing liquidity when processing transactions are disclosed. In some embodiments, the method is implemented by a computing device and comprises: receiving data for a plurality of transactions; continuously reading in and aggregating, with an aggregator implemented at least partially in hardware of the computing device, transactions to produce one or more netted currency positions based on a plurality of properties of the transactions and on a plurality of netting constraints; generating one or more tasks, using a trade generator implemented at least partially in hardware of the computing device, to route cash movements as one or more batched fund transfers based on one or more trading policies; and sending the one or more tasks via network communications to one or more entities to execute the batched fund transfers.