US Patent Issued to Bank of America on Aug. 25 for "Leveraging spatial computing for secure multi-event point-of-sale device interaction" (Indian Inventor)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,214, issued on Aug. 25, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Leveraging spatial computing for secure multi-event point-of-sale device interaction" was invented by Shailendra Singh (Maharashtra, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Arrangements for securely processing events via a point-of-sale system are provided. A computing platform may receive, from a spatial computing device within a predefined proximity of a point-of-sale device, an indication of detection of the point-of-sale device and a communication session between the spatial computing device and point-of-sale device may be initiated. Transaction detail...