ALEXANDRIA, Va., Oct. 27 -- United States Patent no. 12,775,950, issued on Oct. 27, was assigned to ROYAL BANK OF CANADA (Toronto).

"System, methods, and devices for payment recovery platform" was invented by Jake Traub Raw (Toronto), Dorothy Ging Zi Ng (Toronto), Phoebe Chloe Sy Dyloco (Toronto), Ralph George Maamari (Toronto), Rami Thabet (Toronto), Izayana Navas (Toronto) and Alex Tak Kwun Lau (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments relate to systems and methods for intercepting potentially erroneous electronic transaction data processing tasks. The system includes a memory and processor configured for: receiving a processing task data set including at least one parameter for e...