Overlay network for real-time payment networks

US12406238B2 · kind B2 · utility

Assignee

• American Express Travel Related Services Company, Inc. · US

Inventors

• Abhinav Aryendra · Phoenix, US
• Nicolas R.J. Blackwell · Worthing, GB
• Benjamin J. Cane · Phoenix, US
• Prakasam Duraisamy · Phoenix, US
• Tristan M. Fuentes · Mesa, US
• Sunil Patel · Radhanpur, IN
• Michael S. Zoratti · Harrison, US

Key dates

• Filing date: Dec 29, 2022
• Grant date: Sep 2, 2025
• Expiry date: Dec 29, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/405
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed are various embodiments for facilitating payments between members of separate payment networks. A first instance of a supernetwork can receive a payment request from a source network hub connected to the first supernetwork instance and linked to a first payment network, the first payment request specifying an identifier for a recipient institution and an amount of the payment request. The first instance of the supernetwork can then query a participant status cache to identify a destination network hub linked to a second payment network associated with the recipient institution. Next, the first instance of the supernetwork can query a participant registry to identify a second supernetwork instance connected to the destination network hub. Finally, the first instance of the supernetwork can forward the payment request to a second global transaction router hosted by a second supernetwork instance connected to the destination network hub.