US Patent Issued to Capital One Services on March 3 for "Authorization preprocessing systems and methods" (Virginia Inventors)

ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,064, issued on March 3, was assigned to Capital One Services LLC (McLean, Va.).

"Authorization preprocessing systems and methods" was invented by Walter Avery Miller (Glen Allen, Va.), Robert A. Martin (Glen Allen, Va.) and Mark Daniel Mouadeb (Vienna, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A processor of a transaction server may receive an authorization request prior to the authorization request being processed by a payment authorization system. The processor may identify at least one alternative to the authorization request being processed by the payment authorization system. The processor may receive a command to process the authoriza...