ALEXANDRIA, Va., Aug. 5 -- United States Patent no. 12,699,709, issued on Aug. 4, was assigned to ORACLE FINANCIAL SERVICES SOFTWARE Ltd. (Mumbai, India).
"System and method for automatic reconciliation of data" was invented by Purabi Manna (Raipur, India), Sharoon Saxena (Bhopal, India) and Veresh Jain (Bangalore, India).
According to the abstract* released by the U.S. Patent & Trademark Office: "A reconciliation engine and data reconciliation techniques are disclosed that partially use machine learning and natural language processing techniques to overcome challenges associated with traditional manual reconciliation engines and data reconciliation techniques without compromising the accuracy and handle the complexity of the features. In...