View source for The Toronto-Dominion Bank (20250061448). MITIGATION OF TRANSACTION DELAY RISK

=MITIGATION OF TRANSACTION DELAY RISK=


==Organization Name==

[[:Category:The Toronto-Dominion Bank|The Toronto-Dominion Bank]]


[[Category:The Toronto-Dominion Bank]]

==Inventor(s)==

[[:Category:Milos Dunjic of Oakville (CA)|Milos Dunjic of Oakville (CA)]][[Category:Milos Dunjic of Oakville (CA)]]

[[:Category:David Samuel Tax of Toronto (CA)|David Samuel Tax of Toronto (CA)]][[Category:David Samuel Tax of Toronto (CA)]]

[[:Category:Jonathan Joseph Prendergast of West Chester PA (US)|Jonathan Joseph Prendergast of West Chester PA (US)]][[Category:Jonathan Joseph Prendergast of West Chester PA (US)]]

[[:Category:Hitesh Bajaj of Duluth GA (US)|Hitesh Bajaj of Duluth GA (US)]][[Category:Hitesh Bajaj of Duluth GA (US)]]

[[:Category:Kenneth Tien Poh Wong of Oakville (CA)|Kenneth Tien Poh Wong of Oakville (CA)]][[Category:Kenneth Tien Poh Wong of Oakville (CA)]]

==MITIGATION OF TRANSACTION DELAY RISK==


This abstract first appeared for US patent application 20250061448 titled 'MITIGATION OF TRANSACTION DELAY RISK

==Original Abstract Submitted==

systems and methods for mitigating transaction delay risk are provided. a system may receive transaction data, including at least a transaction amount, associated with a transaction. the system may then obtain transfer credentials associated with a value transfer card, send a request for a pre-authorization hold of the transaction amount using the transfer credentials, and initiate a timer. the system may then monitor a blockchain address for receipt of cryptocurrency associated with the transaction. when the cryptocurrency is received prior to an expiration of a time period associated with the timer, the system may release at least a portion of the pre-authorization hold. when the cryptocurrency is not received prior to an expiration of a time period associated with the timer, the system may settle the pre-authorization hold.



[[Category:G06Q20/38]]
[[Category:G06Q20/02]]
[[Category:G06Q20/20]]
[[Category:G06Q20/40]]
[[Category:CPC_G06Q20/3821]]