ALEXANDRIA, Va., Feb. 19 -- United States Patent no. 12,231,986, issued on Feb. 18, was assigned to Bank of America Corp. (Charlotte, N.C.).
"Interlinked geo-fencing" was invented by Manu Kurian (Dallas).
According to the abstract* released by the U.S. Patent & Trademark Office: "Arrangements for generating geo-fences for automatically authenticating a user or authorizing event processing are provided. In some examples, user data associated with a location of the user or mobile device of the user may be received. Further, data associated with successful processing of an event may be received. In some arrangements, this data may be used to generate a first geo-fence. The geo-fenced area may be considered a trusted zone within which a user ...