US Patent Issued to Truist Bank on April 8 for "Wire transaction monitoring and status notification" (North Carolina, South Carolina Inventors)

ALEXANDRIA, Va., April 9 -- United States Patent no. 12,271,871, issued on April 8, was assigned to Truist Bank (Charlotte, N.C.).

"Wire transaction monitoring and status notification" was invented by Kendra Henry (Charlotte, N.C.) and Luana Peterman (Lancaster, S.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for automatically monitoring wire transactions during processing by a wire transaction processing system, and actively reporting a real-time status of wire transactions that are not completed within an expected amount of time. Proactively reporting the status of a given wire transaction may be accomplished in a variety of ways and eliminates the need for an interested party to make repeated...