US Patent Issued to Stripe on Sept. 30 for "Systems and methods for smart remediation for transactions" (Washington Inventors)

ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,430,649, issued on Sept. 30, was assigned to Stripe Inc. (San Francisco).

"Systems and methods for smart remediation for transactions" was invented by Arash Rai (Seattle) and Ryan Drapeau (Seattle).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for smart remediation of transactions are disclosed. A payment processing system receives information of a first transaction with a merchant. The system approves the first transaction and identifies a monitoring period which may be a set amount of time after the approval of the first transaction. The system collects data of one or more second transactions during the monitoring period, and prov...