Patent №
US 10,530,780
Granted
2020-01-07
Filed 2017
Owner
BANK OF AMERICA CORPORATION
Lab
—
AI components
2
planning · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
15730568
Provide improved validation of a recipient entity when the recipient entity is involved in an interaction with a provider entity. One or more application programming interfaces (APIs) are provided that are utilized to validate the recipient entity. Recipient entity information, such as a recipient entity identifier, is utilized and communicated to the resource systems to more efficiently validate the recipient entity in order to improve the processing capacity, reduce memory requirements, and improve processing speeds for validating the recipient entity for an interaction. Moreover, a more accurate determination of the actual identity of the recipient entity may be provided, thus improving the security of the interaction between the entities and reducing the potential for misappropriation of the resources involved in the interactions.
AI classification
Ownership
BANK OF AMERICA CORPORATION
assignment · 438420528
Assignors
HENRY, DEAN LYONS, WU, HUIHUI, REED, ALFRED JAMES
On an employer assignment, the assignors are typically the inventors.