US Patent Issued to Bank of America on March 31 for "System and method for detecting and preventing malfeasant activity via use of satellite communications" (New Jersey Inventor)

ALEXANDRIA, Va., March 31 -- United States Patent no. 12,592,768, issued on March 31, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for detecting and preventing malfeasant activity via use of satellite communications" was invented by Siten Sanghvi (Jersey City, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, computer program products, and methods are described herein for detecting and preventing malfeasant activity via use of satellite communications. The method includes receiving a transfer request relating to a transfer to be completed associated with a user. The method also includes receiving transfer device data packet(s) from an end-point device via a satellite...