US Patent Issued on June 23 for "Computing apparatus, method and program for data reconciliation" (New Zealander Inventors)

ALEXANDRIA, Va., July 15 -- United States Patent no. 12,664,582, issued on June 23.

"Computing apparatus, method and program for data reconciliation" was invented by Rodger McNab (Te Aro, New Zealand), Juan Carlos Rada-Vilela (Te Aro, New Zealand) and Stanley Roache (Te Aro, New Zealand).

According to the abstract* released by the U.S. Patent & Trademark Office: "A mechanism for reconciling unreconciled bank statement lines with corresponding accounting book entries in an online bookkeeping service. A machine-configurable similarity measurement model is applied to quantify similarity of an unreconciled bank statement line to each of a set of historical bank statement line reconciliations for a specific user, to identify a most similar lin...