US Patent Issued to Bank of America on April 29 for "Multidimensional transaction pattern tracking and prediction" (California, New Jersey, Florida Inventors)

ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,215, issued on April 29, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Multidimensional transaction pattern tracking and prediction" was invented by Gilbert Gatchalian (Union, N.J.), Kevin A. Delson (Woodland Hills, Calif.) and Pratap Dande (St. Johns, Fla.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for multidimensional transaction pattern tracking and prediction are provided. A method includes detecting a series of transactions associated with a remote user device and generating a multidimensional transactional profile. Generating the multidimensional transactional profile may involve a first ML model generating a...