US Patent Issued to Truist Bank on Sept. 8 for "Controlling an interaction using location-based indicators" (Georgia Inventors)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,732,821, issued on Sept. 8, was assigned to Truist Bank (Charlotte, N.C.).

"Controlling an interaction using location-based indicators" was invented by Sudhakar Swaminathan (Duluth, Ga.) and Chad Elley (Smyrna, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system can be used to control an interaction using location-based indicators. The system can receive an interaction request associated with a geographical location and that can be initiated by an entity approximately at the geographical location. In response, the system may identify a request restriction of a security profile of the entity by executing an interaction processing service. The sys...