Systems and methods for configuring serverless authorization stream access (ASA) for virtual bank account transactions

US12033122B2 · kind B2 · utility

Assignee

• Lithic, Inc. · US

Inventors

• Kamil Sindi · New Canaan, US
• Jason Kruse · Brooklyn, US
• Jonathan Andrew Oei · Santa Monica, US
• Zhengyang Cong · New York, US

Key dates

• Filing date: Jul 7, 2022
• Grant date: Jul 9, 2024
• Expiry date: Jul 7, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/4016
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In one embodiment, a method includes receiving customized schema parameters associated with a request for a customized transaction schema associated with a payment processor from an external server associated with the payment processor by servers of a receiver processor platform, retrieving a pre-configured transaction schema comprising pre-configured schema parameters, generating the customized transaction schema associated with the payment processor by integrating the customized schema parameters into the pre-configured transaction schema, wherein the servers of the receiver processor platform are configured to generate transaction resource configurations based on the customized transaction schema, each transaction resource configuration being configured for processing transaction authorization requests to authorize respective transactions associated with a transfer of resources to a receiving entity from a user associated with the payment processor, and storing the customized transaction schema associated with the payment processor.