US Patent Issued to Live Oak Banking on Oct. 21 for "Third-party declarative transaction verification" (North Carolina Inventors)

ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,452,309, issued on Oct. 21, was assigned to Live Oak Banking Co. (Wilmington, N.C.).

"Third-party declarative transaction verification" was invented by Brian Perry Hyder (Pittsboro, N.C.) and Douglas Gage Miller (Raleigh, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computing system includes a core system having an event engine and one or more interfaces; an authorization platform having authorization clients configured to maintain entitlement data, one or more event listeners, and one or more administration layer servers capable of configuring the one or more authorization clients; and a request router configured to route incoming electronic a...