ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,470,559, issued on Nov. 11, was assigned to Capital One Services LLC (McLean, Va.).
"Automatic transaction processing failover" was invented by Lavangana Govil (Glen Allen, Va.), David J. Hicks (Glen Allen, Va.), Harinath R. Nallabolu (Glen Allen, Va.), Ranvirsinh Raol (Glen Allen, Va.) and Srinivas Alladi (Glen Allen, Va.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Transaction authorization systems may include a transaction processor and an authorization server system. The transaction processor obtains transaction requests authorizations for those requests from the authorization server system. The transaction processor may require an authorization b...