US Patent Issued to Bank of America on Aug. 4 for "System and method for updating profiles stored in a memory" (Colorado, South Carolina Inventors)

ALEXANDRIA, Va., Aug. 5 -- United States Patent no. 12,699,525, issued on Aug. 4, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for updating profiles stored in a memory" was invented by Ramesh Arumugam (Lake Wylie, S.C.) and Nathan L Macaluso (Denver).

According to the abstract* released by the U.S. Patent & Trademark Office: "In response to receiving a request to perform a first data interaction using a default data profile of a user including transport of a first amount of data objects to a target data profile, the requested data objects are electronically transported from the default data profile to the target data profile and a first interaction record of the first data interaction is stored in the defaul...