US Patent Issued to Capital One Services on Feb. 17 for "Determining merchant enforced transaction rules" (District Of Columbia, Virginia, New York Inventors)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,555,093, issued on Feb. 17, was assigned to Capital One Services LLC (McLean, Va.).

"Determining merchant enforced transaction rules" was invented by Abdelkader Benkreira (Washington), Taurean Butler (Brooklyn, N.Y.) and Adam Vukich (Springfield, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems as described herein determine merchant enforced transaction rules. A determination server may receive transaction data associated with a plurality of merchants. The determination server may generate a histogram of payments associated with a merchant category and filter out transaction data having purchase amounts above or below a predetermined threshold...