View source for 18207831. TECHNIQUES TO PROCESS CONTACTLESS CARD FUNCTIONS IN A MULTIPLE BANKING SYSTEM ENVIRONMENT simplified abstract (Capital One Services, LLC)

=TECHNIQUES TO PROCESS CONTACTLESS CARD FUNCTIONS IN A MULTIPLE BANKING SYSTEM ENVIRONMENT=


==Organization Name==

[[:Category:Capital One Services, LLC|Capital One Services, LLC]]


[[Category:Capital One Services, LLC]]

==Inventor(s)==

[[:Category:Casey Barrett of San Francisco CA (US)|Casey Barrett of San Francisco CA (US)]][[Category:Casey Barrett of San Francisco CA (US)]]

[[:Category:Bob Uni Koshy of Henrico VA (US)|Bob Uni Koshy of Henrico VA (US)]][[Category:Bob Uni Koshy of Henrico VA (US)]]

[[:Category:Jonathan T. Blocksom of Reston VA (US)|Jonathan T. Blocksom of Reston VA (US)]][[Category:Jonathan T. Blocksom of Reston VA (US)]]

[[:Category:Kevin Osborn of Newton Highlands MA (US)|Kevin Osborn of Newton Highlands MA (US)]][[Category:Kevin Osborn of Newton Highlands MA (US)]]

==TECHNIQUES TO PROCESS CONTACTLESS CARD FUNCTIONS IN A MULTIPLE BANKING SYSTEM ENVIRONMENT - A simplified explanation of the abstract==


This abstract first appeared for US patent application 18207831 titled 'TECHNIQUES TO PROCESS CONTACTLESS CARD FUNCTIONS IN A MULTIPLE BANKING SYSTEM ENVIRONMENT

==Simplified Explanation==

The abstract of the patent application describes a system and techniques for performing functions within a multiple banking system environment using switchboard routing.

* The patent application focuses on a system that allows users to perform various functions within a multiple banking system environment.
* The system utilizes switchboard routing to efficiently route requests and transactions between different banks.
* The techniques described in the patent application aim to streamline the process of interacting with multiple banks and performing banking functions.
* The system may involve the use of a centralized switchboard or routing mechanism to handle requests and transactions.
* The patent application may include specific algorithms or methods for determining the optimal routing of requests and transactions between banks.
* The system may also include security measures to ensure the privacy and integrity of user data and transactions.

== Potential Applications ==
The technology described in the patent application has potential applications in various areas, including:

* Banking and financial institutions that operate in a multiple banking system environment.
* Fintech companies that provide services that involve interactions with multiple banks.
* Mobile banking applications that allow users to access and manage accounts from different banks.
* Online payment platforms that facilitate transactions between users and multiple banks.

== Problems Solved ==
The technology described in the patent application aims to solve several problems, including:

* Inefficiencies and complexities associated with interacting with multiple banks in a banking system environment.
* Difficulties in routing requests and transactions between different banks in an optimal and secure manner.
* Challenges in maintaining the privacy and integrity of user data and transactions across multiple banks.
* Lack of a centralized mechanism to streamline and simplify the process of performing banking functions across multiple banks.

== Benefits ==
The technology described in the patent application offers several benefits, including:

* Improved efficiency and convenience for users in performing banking functions across multiple banks.
* Streamlined and optimized routing of requests and transactions between different banks.
* Enhanced security measures to protect user data and transactions in a multiple banking system environment.
* Simplified and standardized processes for interacting with multiple banks, leading to a better user experience.


==Original Abstract Submitted==

A system and techniques to perform functions within a multiple banking system environment utilizing switchboard routing.



[[Category:G06Q20/34]]
[[Category:G06Q20/38]]