US Patent Issued to TRUIST BANK on June 16 for "Dynamic upgrade engine" (North Carolina, Georgia Inventors)

ALEXANDRIA, Va., June 16 -- United States Patent no. 12,657,600, issued on June 16, was assigned to TRUIST BANK (Charlotte, N.C.).

"Dynamic upgrade engine" was invented by Todd Donald Herkey (Cornelius, N.C.) and Brian James Savarese (Suwanee, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system architecture for offering an upgraded deposit interest rate to certain clients using a method which is easy for the financial institution to implement and convenient for the clients to accept. A deposit rate promotion system is built in a configurable programming environment. The deposit rate promotion system serves as a hub between other existing bank systems-including back-end systems which control client an...