ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,393, issued on July 15, was assigned to BYTEDANCE INC. (Wilmington, Del.).

"Optical receipt processing" was invented by Stephen Clark Mitchell (Chicago) and Pavel Melnichuk (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques for providing improved optical character recognition (OCR) for receipts are discussed herein. Some embodiments may provide for a system including one or more servers configured to perform receipt image cleanup, logo identification, and text extraction. The image cleanup may include transforming image data of the receipt by using image parameters values that optimize the logo identification, and performing logo ide...