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:
Jun. 18, 2024
Filed:
Sep. 07, 2022
Bank of America Corporation, Charlotte, NC (US);
Prashant Anna Bidkar, Delhi, IN;
Ankit Upadhyaya, Haryana, IN;
Prashant Khare, Maharashtra, IN;
Suman Boroi Tamuly, Assam, IN;
Harmeet Singh, New Delhi, IN;
Bharat Indrakanti, Hyderabad, IN;
Bank of America Corporation, Charlotte, NC (US);
Abstract
Transactions between entities may be validated using LoRaWAN communications to more quickly process those transactions. In the example of check depositing, a first entity associated with a check payee may transmit a check clearance request to a second entity associated with a check payor using LoRaWAN communications. The LoRaWAN signaling and communications may be performed between devices within LoRaWAN range. For example, a check depositing device may receive a check deposit where the payor is associated with a different financial institution or entity. Accordingly, the check depositing device may communicate with another device associated with the payor institution or entity using LoRaWAN signals to confirm check clearance.