US Patent Issued to JPMORGAN CHASE BANK on Sept. 8 for "Systems and methods for state machine driven programmable payments" (Singaporean, American Inventors)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,149, issued on Sept. 8, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"Systems and methods for state machine driven programmable payments" was invented by Shekhar Gahlot (Singapore), Naveen Mallela (Singapore), Umar Farooq (New York), Sai Murali Krishna Valiveti (Singapore), Muh Hwa Lee (Singapore), Wee Kee Toh (Long Island City, N.Y.), Daniel Chew (Singapore), Slim Yee Ng (Singapore) and Raunak Rajpuria (Singapore).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for state machine driven programmable payments are disclosed. A method may include: defining a plurality of base state machines; storing definitions for the plurali...