US Patent Issued to CAPITAL ONE SERVICES on Aug. 19 for "System and method for providing a spend memory record" (Virginia Inventor)

ALEXANDRIA, Va., Aug. 20 -- United States Patent no. 12,393,993, issued on Aug. 19, was assigned to CAPITAL ONE SERVICES LLC (McLean, Va.).

"System and method for providing a spend memory record" was invented by Dwij Trivedi (Oakton, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods include a database maintained by a financial institution that stores transaction data associated with a previous financial transaction performed via a financial account of a respective account holder, wherein the transaction data comprises a transaction location and a transaction timestamp, a spend memory processor of the financial institution that retrieves the transaction data from the database, interacts w...