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, 2025
Filed:
Dec. 07, 2022
Bank of America Corporation, Charlotte, NC (US);
Pratap Dande, Saint Johns, FL (US);
Erik Dahl, Newark, DE (US);
Rahul Yaksh, Austin, TX (US);
Tileshia Brenda Alford, Charlotte, NC (US);
Steven Allan Reich, Manalapan, NJ (US);
Vishwanath Prasad Karra, Mckinney, TX (US);
Sailesh Vezzu, Hillsborough, NJ (US);
Bank of American Corporation, Charlotte, NC (US);
Abstract
Arrangements for providing fail-safe event processing functions are provided. In some aspects, an account may be generated and a first account number associated with a payment device of the account may be generated. The first account number may be transmitted or sent to the user. A second account number, different from the first account number, may be generated and stored by the enterprise organization in an inactive state. A user may request recurring payments with one or more vendors and may provide the first account number for use in processing the payments. An issue may be detected with the first account number or associated payment device. If a creditworthiness score meets or exceeds a threshold, the second account number may be activated and used (e.g., by the enterprise organization) to process recurring payments that may otherwise have lapsed due to the compromise of the first account number or payment device.