US Patent Issued to ROYAL BANK OF CANADA on Jan. 20 for "Systems and methods for loan rewards provisioning" (Canadian Inventors)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,718, issued on Jan. 20, was assigned to ROYAL BANK OF CANADA (Montreal).

"Systems and methods for loan rewards provisioning" was invented by Dimitri Busevs (Toronto) and Michael Paul Dobbins (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer system for provisioning automobile financing is described, including: at least one data interface adapted to receive partial or masked pre-approval data set from a backend computing device associated with a financial institution, the partial or masked pre-approval data set configured such that pre-approval data set associated with a potential loan transaction is not independently accessible by th...