US Patent Issued to Wells Fargo Bank on Oct. 14 for "Predicting and making payments via preferred payment methods" (California, Utah, Minnesota Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,443,955, issued on Oct. 14, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Predicting and making payments via preferred payment methods" was invented by Millicent Calinog (Park City, Utah), Patricia Chouanard-Mcadam (Maple Grove, Minn.), Chris Kalaboukis (San Jose, Calif.), Kristine Ing Kushner (Orinda, Calif.), Muhammad Farukh Munir (Pittsburg, Calif.) and Raissa Williams (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method comprises predicting a preferred funds transfer method of a payee based on payee data, generating a token based on the predicted preferred funds transfer method where the token is decodable to identify the...