US Patent Issued to TRUIST BANK on Aug. 25 for "Machine learning model" (North Carolina Inventor)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,290, issued on Aug. 25, was assigned to TRUIST BANK (Charlotte, N.C.).

"Machine learning model" was invented by Ali Rezajoo (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method that evaluate and monitor the financial and physical wellbeing of a person that is a client of a bank, and provides a financial wellness score that is used to provide banking service recommendations that may act to increase the wellness score. The method includes collecting data and information about a financial wellbeing of the person, assigning a financial wellbeing score to the person based on the collected data and information about the fina...