Royal Bank of Canada had 21 patents in artificial intelligence during Q2 2024. The Royal Bank of Canada filed patents for a system processing data in a Trusted Execution Environment, a computer system for electronic verification of credentials using a “max gate” in neural networks, training binary classification models with imbalanced classes, and a system for density ratio estimation using transformer-based architecture. Additionally, a patent was filed for a system and method for autofill of fields in web pages based on user and site data. GlobalData’s report on Royal Bank of Canada gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Royal Bank of Canada had no grants in artificial intelligence as a theme in Q2 2024.
Recent Patents
Application: System and method for secure electronic transaction platform (Patent ID: US20240184898A1)
The patent filed by the Royal Bank of Canada describes a system for processing data within a Trusted Execution Environment (TEE) of a processor. The system includes a trust manager unit for verifying the identity of a partner, issuing a communication key, interfaces for receiving encrypted data, a secure database for storing encrypted data, and a recommendation engine for generating recommendations based on decrypted data. The system ensures secure data processing and prevents unauthorized access to encrypted data within the TEE.
The claims of the patent detail a computer-implemented system for maintaining a segregated data processing subsystem within a protected memory region that is encrypted and segregated from the operating system or kernel system. The system involves a secure processor for receiving third-party data sets, generating output data structures, and maintaining a segregated machine learning data model architecture. It also includes features such as public/private key generation, remote attestation processes, and partitioning of the protected memory region for processing by sub processors. Overall, the patent outlines a comprehensive system for secure data processing and analysis within a Trusted Execution Environment.
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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.
