US Patent Issued to TRUIST BANK on Sept. 8 for "Secured transfer instruments" (North Carolina Inventors)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,390, issued on Sept. 8, was assigned to TRUIST BANK (Charlotte, N.C.).

"Secured transfer instruments" was invented by Jason Pedone (Raleigh, N.C.) and Satya Prasanna Acharya (Cary, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed are systems and methods for generating electronic instruments that implement digital transfers. The systems convert instruments to an electronic format using a digital imaging source that outputs image data. The image data is processed to determine content elements and segments of the electronic instrument and to extract transfer data. Neural networks implement artificial intelligence and machine learning techn...