US Patent Issued to CAPITAL ONE SERVICES on Sept. 16 for "Systems and methods for exchanging user data" (New York Inventors)

ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,494, issued on Sept. 16, was assigned to CAPITAL ONE SERVICES LLC (McLean, Va.).

"Systems and methods for exchanging user data" was invented by Xiaoguang Zhu (New York) and Lin Ni Lisa Cheng (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system may transmit an MLM to one or more entities. The system may receive, from the one or more entities, data associated with a plurality of customers, the data generated by the MLM. The system may train a federated deep NN based on the data. The system may receive, from a user, a first request for a loan. The system may generate, using the federated deep NN, a risk score associated with the user, whe...