MUMBAI, India, May 1 -- Intellectual Property India has published a patent application (202641029824 A) filed by Caratred Technologies Llp, Hyderabad, Telangana, on March 12, for 'a rule-based system for reconciling loyalty program data.'
Inventor(s) include Talluri Rambabu.
The application for the patent was published on May 1, under issue no. 18/2026.
According to the abstract released by the Intellectual Property India: "A Rule-Based System For Reconciling Loyalty Program Data The present invention relates to a system (100) and method for the automated reconciliation of transactional data originating from heterogeneous computing sources (109, 110). The system (100) comprises a normalization engine (104) configured to transform incompatible data records into a canonical data model using a first set of rules. A rules engine (106) is configured to apply a second set of predefined compliance and fraud detection rules to the normalized data to identify exceptions. A workflow engine (107) manages the resolution of said exceptions via a multi-stage, auditable process. This architecture provides the technical advancement of improving the data processing efficiency of the computer system by reducing computational resources and processing time required for reconciliation. The principal use of the invention is in automated integrity verification of loyalty program data."
Disclaimer: Curated by HT Syndication.
