Patent for Transaction Data Compression System and Method

ChangeBridge: Patent Apps - Business Methods (G06Q)

Detected March 26th, 2026

Summary

The USPTO has published a patent application for a system and method for transaction data compression. The invention segments transaction data into numerical, sensitive, string, and temporal types, compressing each using specific algorithms before storage or transmission.

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What changed

This document is a patent application (US20260087473A1) filed by Sahil Arora and Palakh Shangle, detailing a system and method for compressing transaction data. The proposed technology segments data into numerical, sensitive, string, and temporal categories, applying distinct compression algorithms to each before storing or transmitting the compressed data. The filing date was September 25, 2024.

While this is a patent application and not a direct regulatory mandate, it signals potential future technological advancements in data handling that could impact financial institutions. Compliance officers should be aware of such innovations as they may influence future data security and privacy requirements or offer new tools for managing sensitive financial information efficiently and securely.

Source document (simplified)

← USPTO Patent Applications

System, Method, and Computer Program Product for Transaction Data Compression

Application US20260087473A1 Kind: A1 Mar 26, 2026

Inventors

Sahil Arora, Palakh Shangle

Abstract

Systems, methods, and computer program products are provided for transaction data compression. An example system includes at least one processor configured to: segment transaction data into numerical data, sensitive data, string data, and temporal data; compress, using at least one first compression algorithm, the numerical data into compressed numerical data; compress, using at least one second compression algorithm, the sensitive data into compressed sensitive data; compress, using at least one third compression algorithm, the string data into compressed string data; compress, using at least one fourth compression, the temporal data into compressed temporal data; and at least one of: (i) store, in a data store, the compressed numerical data, the compressed sensitive data, the compressed string data, and the compressed temporal data; and (ii) transmit the compressed numerical data, the compressed sensitive data, the compressed string data, and the compressed temporal data to a transaction processing server, or any combination thereof.