Moneygram International has been granted a patent for a method allowing split control of a computing environment by multiple entities. The system enables one entity to manage backend processing while another entity controls presentation aspects, enhancing customization and efficiency in service provision. GlobalData’s report on Moneygram International gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Moneygram International, was a key innovation area identified from patents. Moneygram International's grant share as of February 2024 was 88%. Grant share is based on the ratio of number of grants to total number of patents.

Split control of execution environment for multiple entities

Source: United States Patent and Trademark Office (USPTO). Credit: Moneygram International Inc

A recently granted patent (Publication Number: US11881990B2) outlines a method and system for providing a computing environment that executes services from multiple entities. The method involves configuring servers to execute primary and secondary execution layers corresponding to services provided by different entities. The primary service's inputs are stored in a database, and the secondary entity has control over certain configuration aspects of the secondary execution layer. This setup allows the second entity to provide the primary service of the first entity to end-users while managing the secondary execution layer.

Furthermore, the system allows for the implementation of secondary services by the second entity, such as providing coupon offers, video content, audio content, bill pay services, prepaid card services, and prepaid cellular services. The configuration provides web-based access for the second entity to control aspects of the secondary execution layer. Additional servers can be configured to provide secondary execution layers for more entities, enabling them to offer the primary service to end-users while managing their respective secondary execution layers. This patent introduces a structured approach to collaborative service provision in a computing environment, enhancing flexibility and control for multiple entities operating within the system.

To know more about GlobalData’s detailed insights on Moneygram International, buy the report here.

Premium 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.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.