Truist Financial has been granted a patent for a system that automates the validation and implementation of configuration updates for interaction events. The system utilizes a processing device and memory to switch test channel connections with a simulated payment clearinghouse, ensuring efficient updates in production environments. GlobalData’s report on Truist Financial gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Truist Financial, was a key innovation area identified from patents. Truist Financial's grant share as of June 2024 was 78%. Grant share is based on the ratio of number of grants to total number of patents.
Automated configuration updates for interaction processing environments
The patent US12045157B2 describes a system and method for managing configuration updates in an interaction processing environment, particularly in the context of real-time payment systems. The core of the invention involves a processing device and a memory device that executes specific instructions to facilitate the automatic switching of test channel connections based on received configuration updates. The system first establishes a switched channel connection with a simulator that mimics a real-time payment clearinghouse, allowing for the validation of configuration updates before they are implemented in a production environment. This process is repeated for subsequent configuration updates, ensuring that changes are validated and seamlessly integrated into the operational framework.
Additionally, the patent outlines the operations involved in switching between different channel connections, which includes modifying flags within a URL user interface environment. The interaction processing environment is characterized as a real-time payment clearinghouse or a simulator thereof, and the production environment is defined as a channel connection that supports real-time transactions. The method also emphasizes the importance of validating each configuration update through dedicated validation operations, thereby enhancing the reliability and efficiency of the interaction processing system. Overall, the patent presents a structured approach to managing configuration updates in payment processing systems, ensuring that changes are rigorously tested before deployment.
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