According to GlobalData’s company profile on Wells Fargo & Co, virtual banking assistant was a key innovation area identified from patents. Wells Fargo & Co's grant share as of September 2023 was 90%. Grant share is based on the ratio of number of grants to total number of patents.

Managing connection channels for multiple users accessing shared electronic data

A recently filed patent (Publication Number: US20230319149A1) describes an apparatus that includes a processor and memory with computer-coded instructions. When executed, these instructions enable the apparatus to establish multiple connection channels associated with user data objects. Each connection channel allows access to functionality related to a shared electronic data object through different computing devices. The apparatus can detect a change in connection channel for a specific user data object and update the functionality associated with the shared electronic data object based on this change.

The shared electronic data object mentioned in the patent can consist of electronically-maintained documents or data records. To update the functionality for the connection channels, the apparatus can detect a change from one connection channel to another and determine the capabilities of the computing devices involved. If the second computing device is capable of performing a different device capability than the first computing device, the functionality associated with the shared electronic data object is updated to enable the use of this second device capability.

The device capabilities mentioned in the patent include factors such as the current level of computing power, network connectivity, and device security. For example, the first device capability may involve using a camera module to capture an image, while the second device capability may involve uploading an image file.

The patent also mentions that each user data object is associated with a specific connection channel that links to a corresponding computing device. These connection channels are established in response to transmissions received from the computing devices, which include data used to identify the user data object, such as device identifiers, natural person identifiers, and user authentication credentials.

In addition to the apparatus described, the patent also covers a computer-implemented method and a computer program product that perform similar functions. The method and program product involve establishing connection channels, detecting connection channel changes, and updating the functionality associated with the shared electronic data object based on these changes.

Overall, this patent describes an apparatus, method, and program product that enable the dynamic updating of functionality associated with a shared electronic data object based on changes in connection channels and the capabilities of different computing devices.

To know more about GlobalData’s detailed insights on Wells Fargo & Co, 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.

Be better informed