US Patent Issued to The Huntington National Bank on Aug. 5 for "Secured transfer medium management and graduation" (Ohio Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,379,968, issued on Aug. 5, was assigned to The Huntington National Bank (Columbus, Ohio).

"Secured transfer medium management and graduation" was invented by Kateryna Shyshkova (Columbus, Ohio), Harmeet S. Soin (Columbus, Ohio), Jatin Patel (Columbus, Ohio) and James P. Fairall (Columbus, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques are described herein for determining whether entities are eligible to transition from a secured transfer medium to an unsecured transfer medium. A set of entities can be identified where the set of entities each have a respective secured transfer medium assigned after providing a respective portion of entity...