US Patent Issued to Bank of America on May 20 for "System and method for extraction management" (North Carolina, California Inventors)

ALEXANDRIA, Va., June 16 -- United States Patent no. 12,306,850, issued on May 20, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for extraction management" was invented by Naga Vamsi Krishna Akkapeddi (Charlotte, N.C.) and Awan Nord (Costa Mesa, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for extracting and providing information from a source document includes a memory and a processor. The memory stores data associated with the source document. The processor is configured to extracts data from the source document and stores that extracted data as a first extracted data in the memory. When a request for information is received, the processor then determines if ...