US Patent Issued to Bank of America on Oct. 7 for "Intermediary digital resource acquirer" (South Carolina Inventor)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,438,877, issued on Oct. 7, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Intermediary digital resource acquirer" was invented by Hosam Sonny ElHamahmy (Fort Mill, S.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An intermediary digital resource acquirer is provided for resource events that use a digital resource as the means for conducting the resource event. The intermediary digital resource acquirer serves to facilitate the resource event between a resource provider entity, which has presented a digital resource for conducting the resource event, and a resource recipient, which has acquiesced in accepting the digital resource for conduct...