In-line verification of transactions

US11803845B2 · 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: Jun 23, 2022
• Grant date: Oct 31, 2023
• Expiry date: Jun 23, 2042

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 computing device with a communication port, a processor device, and a non-transitory computer-readable storage memory. The communication port can communicate data with other computing devices. The non-transitory computer-readable storage memory includes code that is executable by the processor device to perform operations. The operations include receiving parameters of a transfer, verifying the transfer using a multi-factor authentication process, in response to verifying the transfer, using a private key to countersign the transfer and return, via the communications port, a signed transfer package for execution of the transfer, and providing, via the communications port, the parameters of the transfer and countersign data to an immutable ledger.