Royal Bank Canada Actor Model Payment Processing Engine Patent
Summary
USPTO granted Royal Bank of Canada Patent US12602669B2 for an actor model payment processing engine. The invention covers methods and systems for processing payments using an event-sourced, actor-based engine that stores payment events in an event journal and transitions through states to execute payment instructions. The patent contains 17 claims and is classified under CPC G06Q 20/02 (payment processing in business methods).
What changed
USPTO granted Patent US12602669B2 to Royal Bank of Canada covering an actor model payment processing engine architecture. The patent describes methods for receiving payment instructions, storing corresponding events in an event journal, and processing payments through an event-sourced, actor-based engine that transitions through states. The engine supports both stateless and stateful environments and can interact with non-event sourced and event sourced actors.
The patent grant gives Royal Bank of Canada exclusive rights to this payment processing technology in the United States. Financial institutions and payment processors developing similar event-driven or actor-model payment systems should review this patent to assess potential freedom-to-operate considerations or licensing opportunities.
Archived snapshot
Apr 17, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Actor model payment processing engine
Grant US12602669B2 Kind: B2 Apr 14, 2026
Assignee
Royal Bank of Canada
Inventors
Shangjia Jiang, Sohan Ganapathy, Raju Marimuthu
Abstract
Methods, systems, and techniques for using an actor model payment processing engine to process payments. A payment instruction is received. An event corresponding to the payment instruction is stored in an event journal. The payment processing engine, which is event-sourced and actor-based, performs the payment instruction. Performing the payment instruction involves transitioning the engine through one or more states in response to the payment instruction, and may involve performing actions with non-event sourced and event sourced actors in both stateless and stateful environments.
CPC Classifications
G06Q 20/02
Filing Date
2023-09-28
Application No.
18477433
Claims
17
Related changes
Get daily alerts for USPTO Patent Grants - Business Methods (G06Q)
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
Source
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from USPTO.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when USPTO Patent Grants - Business Methods (G06Q) publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.