Apparatuses and methods for calculating foreign exchange advantages

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United States of America Patent

PATENT NO 11861598
APP PUB NO 20230267453A1
SERIAL NO

18112394

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Abstract

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An apparatus and method for calculating foreign exchange advantages, the apparatus includes at least a processor and a memory containing instructions configuring the at least a processor to acquire action data from an entity, wherein an element of the action data includes at least a plurality of originators and at least a plurality of receivers, process the action data, wherein processing the action data includes classifying a plurality of action data elements to at least an originator of the plurality of originators and a receiver of the plurality of receivers and classifying the action data against a data store including at least a foreign exchange rate, generate a conversion record as a function of the processed action data, and output the conversion record to a third-party computing device.

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Patent Owner(s)

Patent OwnerAddress
ACCELERON BANK INCNot Provided

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Dillard, Andrew View Park, US 1 0
Henkler, Matthew Chicago, US 1 0
Magnuski, Damon Newton, US 3 0
Minard, Kevin Dillon, US 5 4

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