In-line verification of transactions

US10878412B2 · kind B2 · utility

Assignee

• TRUIST BANK · US

Inventors

• Amy Leigh Rose · Chapel Hill, US
• David Stone · Longmont, US
• Scott Travis Leith · Apex, US
• William Mark Connolly · Raleigh, US

Key dates

• Filing date: May 13, 2019
• Grant date: Dec 29, 2020
• Expiry date: Jun 4, 2039

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/56
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A transaction system can include a notary system and an interceptor for providing security in connection with processing a transaction. The notary system is configured to confirm parameters of the transaction and to apply a signature using a private key to the transaction in response to confirming the parameters. The notary system is also configured to output a signed transaction for execution, and to provide the parameters of the transaction to an immutable ledger. The interceptor can be positioned between a transfer system and a transfer settlement system. The interceptor is configured to intercept the transaction before the transfer settlement system, to confirm that data from the transaction matches information in the immutable ledger, and, in response to confirming that the data matches the information, to provide the transaction for settlement by the transfer settlement system.