ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,627, issued on Dec. 30, was assigned to EARLY WARNING SERVICES LLC (Scottsdale, Ariz.).

"System and method for transferring funds" was invented by Sri Muthu (San Francisco), John Feldman (Matthews, N.C.), Esther Pigg (Duluth, Ga.), Jeffrey Cornman (San Francisco) and Alfonso McMillian (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method including receiving a request to facilitate a transfer of funds from a sender account of a sender at a sender financial institution to a recipient account of a recipient at a recipient financial institution. The request can include a public identifier for the recipient but not...