18065127. CONTROL OF NETWORK SYSTEMS FOR AUTOMATIC ASSESSMENT AND REMEDIATION OF PROCESSING ANOMALIES simplified abstract (Truist Bank)
Contents
CONTROL OF NETWORK SYSTEMS FOR AUTOMATIC ASSESSMENT AND REMEDIATION OF PROCESSING ANOMALIES
Organization Name
Inventor(s)
Omganesh Teekaramsingh of Johns creek GA (US)
Louis Allin of Richmond VA (US)
Jonathan Topp of Montpeller VA (US)
Madhu Babu Martheneni of Cumming GA (US)
Lenin Kumar Pagidipala of Atlanta GA (US)
CONTROL OF NETWORK SYSTEMS FOR AUTOMATIC ASSESSMENT AND REMEDIATION OF PROCESSING ANOMALIES - A simplified explanation of the abstract
This abstract first appeared for US patent application 18065127 titled 'CONTROL OF NETWORK SYSTEMS FOR AUTOMATIC ASSESSMENT AND REMEDIATION OF PROCESSING ANOMALIES
Simplified Explanation: The patent application describes a tool that can detect and remediate anomalies in remote deposit capture (RDC) processing by comparing unique identifiers in RDC transaction data.
- **Key Features and Innovation:**
* Remote deposit capture (RDC) processing anomaly detection tool * Compares unique identifiers in RDC transaction data * Communicates with RDC system over a network * Determines missing RDC transactions * Executes remediation actions on the RDC system
- **Potential Applications:**
* Banking and financial institutions * Fraud detection and prevention * Automated transaction monitoring
- **Problems Solved:**
* Detecting missing RDC transactions * Improving RDC system efficiency * Enhancing transaction security
- **Benefits:**
* Reducing manual intervention in anomaly detection * Enhancing transaction accuracy * Streamlining RDC processing
- **Commercial Applications:**
* "Advanced Remote Deposit Capture Anomaly Detection Tool for Financial Institutions"
- **Prior Art:**
Research existing RDC anomaly detection tools and systems in the banking and financial industry.
- **Frequently Updated Research:**
Stay updated on advancements in RDC processing and anomaly detection technologies.
Questions about Remote Deposit Capture Anomaly Detection Tool:
1. *How does the tool communicate with the RDC system over a network?*
- The tool uses network protocols to establish communication with the RDC system, enabling data exchange for anomaly detection.
2. *What are the potential implications of missing RDC transactions in the banking sector?*
- Missing RDC transactions can lead to discrepancies in financial records, potential fraud, and operational inefficiencies for banks and financial institutions.
Original Abstract Submitted
A remote deposit capture (RDC) processing anomaly detection and remediation tool that can communicate with the RDC system over a network, and determine whether a RDC transaction is missing from the RDC system by comparing created and assigned unique identifiers represented in RDC transaction data received at a selected RDC system location or component with unique identifiers represented in RDC transaction data received at a RDC system location or component that is upstream thereof. In response to finding a missing RDC transaction, the tool can determine one or more RDC system remediation actions, execute the one or more RDC system remediation actions on the RDC system, and report the missing RDC transaction and any RDC system remediation actions executed on the RDC system.
