US Patent Issued to VerityPay Intellectual Properties on Aug. 19 for "Automated system and methods for copious electronic asset transfers" (Texas Inventor)

ALEXANDRIA, Va., Aug. 20 -- United States Patent no. 12,394,005, issued on Aug. 19, was assigned to VerityPay Intellectual Properties LLC (Houston).

"Automated system and methods for copious electronic asset transfers" was invented by Robert Bowdon (Houston).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are configured to receive owner data that identifies one or more property owners and property held by a third party that is owed to the one or more property owners. The system is configured to generate unique electronic communications to the one or more property owners, the electronic communication including an identification of the property, identification of the third party that is holdi...