Invention Grant
- Patent Title: Detecting and preventing duplicate transactions on a transaction exchange platform
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Application No.: US18149544Application Date: 2023-01-03
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Publication No.: US12118567B2Publication Date: 2024-10-15
- Inventor: Nishant Srivastava , Eric K. Barnum , Suresh Chander Ramaraj , Eric Smith , Earle Michael Lee , Kumari Bhawprita
- Applicant: Capital One Services, LLC
- Applicant Address: US VA McLean
- Assignee: Capital One Services, LLC
- Current Assignee: Capital One Services, LLC
- Current Assignee Address: US VA McLean
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06F11/14
- IPC: G06F11/14 ; G06F11/07 ; G06F16/23 ; G06Q20/08 ; G06Q20/40 ; G06Q20/42

Abstract:
Aspects described herein may relate to a transaction exchange platform using a streaming data platform (SDP) and microservices to process transactions according to review and approval workflows. The transaction exchange platform may receive transactions from origination sources, which may be added to the SDP as transaction objects. As the transactions are received, the transactions may be analyzed to detect duplicate transactions and/or errors in the transactions. The transaction exchange platform may take steps to remediate transactions that are recognized as duplicates or predicted to generate one or more errors. Similarly, the transaction exchange platform may take steps to remediate transactions that are rejected by a clearinghouse.
Public/Granted literature
- US20230153826A1 DETECTING AND PREVENTING DUPLICATE TRANSACTIONS ON A TRANSACTION EXCHANGE PLATFORM Public/Granted day:2023-05-18
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