Bank of America had 11 patents in cloud during Q4 2023. The Bank of America Corp filed patents in Q4 2023 for an automatic user authentication system between websites, a data analysis system using quantum smart grid technology, a pluggable cloud security system, and a holographic structure generation method using customer interaction data. GlobalData’s report on Bank of America gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
Bank of America grant share with cloud as a theme is 63% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Multi-platform authentication (Patent ID: US20230362153A1)
The patent filed by Bank of America Corp. describes an authentication system that automatically authenticates a user at a second website after being authenticated at a first website. The system involves a validation engine on the first website to validate user login credentials, a web beacon triggered by the second website to scan accessed websites for login pages, and a password generation application that authenticates the user to the second website if the URL is included in a permission ledger. The method includes steps for inputting usernames and passwords, deactivating the web beacon upon user logout, and utilizing OCR and image recognition applications to identify login pages.
The system also includes a cloud-based server supporting the first website, options for user interaction to trigger the web beacon, and storage of usernames and passwords for authentication. Additionally, the system allows for the generation of pop-up boxes for user consent, API requests for obtaining usernames and passwords, and association of user data with stored credentials. The authentication system is designed to run on a cloud-based server and is associated with an entity, providing a comprehensive and secure method for user authentication across multiple websites.
To know more about GlobalData’s detailed insights on Bank of America, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
