US Patent Issued to TRUIST BANK on Jan. 27 for "Efficient processing of extreme inputs for real-time prediction of future events" (Virginia, Maryland Inventors)

ALEXANDRIA, Va., Jan. 28 -- United States Patent no. 12,536,583, issued on Jan. 27, was assigned to TRUIST BANK (Charlotte, N.C.).

"Efficient processing of extreme inputs for real-time prediction of future events" was invented by Brian Franklin Kramer (Richmond, Va.), Adam Thomas Lewis (Mechanicsville, Va.) and Maanasa Nagaraja (Laurel, Md.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for reducing input data size for use in an artificial intelligence (AI) engine for predicting a subsequent event. The system includes a computer configured to implement instructions to receive input data and time data indicative of previous events associated with users. The instructions configure the system to determ...