US Patent Issued to The Toronto-Dominion Bank on Dec. 30 for "Systems and methods for processing real-time transfer instructions" (Pennsylvania, New Jersey Inventors)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,657, issued on Dec. 30, was assigned to The Toronto-Dominion Bank (Toronto).

"Systems and methods for processing real-time transfer instructions" was invented by Jonathan Joseph Prendergast (West Chester, Pa.), Thomas Osman Kelly (Wenonah, N.J.) and Claude Bernell Lawrence Jr. (Philadelphia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method is disclosed. The method includes receiving, from a remote system, a transfer instruction regarding a user account that, if implemented, would result in a resource threshold event in the user account. The system hosting the user account then sends a query message to an external resource ...