ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,522, issued on Aug. 5, was assigned to Capital One Services LLC (McLean, Va.).
"Document term recognition and analytics" was invented by Olalekan Awoyemi (Prosper, Texas), Jason Hoover (Grapevine, Texas), Staevan Duckworth (The Colony, Texas), Geoffrey Dagley (McKinney, Texas), Stephen Wylie (Carrollton, Texas), Qiaochu Tang (The Colony, Texas) and Micah Price (Anna, Texas).
According to the abstract* released by the U.S. Patent & Trademark Office: "A device receives image data of a contractual document that includes an offer including terms of a proposed transaction, converts the image data to text data that identifies text within the contractual document, and receives preference...