Aggregator-Based Payout Validation for Faster Cross-Border Remittances

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Solution Overview

Problem

Current cross-border payment systems are inefficient, fragmented, lack transparency, and result in slow transaction speeds due to multiple domestic correspondent banks handling technical validation, delivery estimation, and foreign exchange rate conversions, leading to potential data loss and unpredictable costs and times.

Innovation Solution

A system utilizing an aggregator computer and processing computer to facilitate cross-border remittances through a centralized validation and exchange process, enabling real-time transactions by standardizing data formatting and reducing the number of involved entities, with a single aggregator addressing validation, estimation, and exchange rate conversions.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If multiple domestic correspondent banks are connected to the payment processing network, then coverage and connectivity are improved, but system complexity and processing time increase

Engineering Contradiction:

ImprovecoverageVSAvoidsystem complexity

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent merges the functions of multiple domestic correspondent banks into a single aggregator entity. The aggregator consolidates validation, delivery estimation, and foreign exchange rate conversion operations that were previously performed by multiple separate banks, thereby reducing system complexity while maintaining broad coverage.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The aggregator is designed as a universal intermediary that performs multiple functions previously distributed across different correspondent banks: technical validation, delivery estimation, and foreign exchange rate conversions. This multi-functional design simplifies the overall system architecture.

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Reliability

If each domestic bank individually addresses technical validation, delivery estimation, and foreign exchange rate conversions, then processing completeness is improved, but transaction speed decreases

Engineering Contradiction:

Improveprocessing completenessVSAvoidtransaction speed

Core Design Contradiction:

ReliabilityVSSpeed

Solution Approach 1:

The patent combines technical validation, delivery estimation, and foreign exchange rate conversion operations into a single aggregated processing step. By merging these functions at the aggregator level, the system maintains processing completeness while significantly improving transaction speed through reduced number of sequential operations.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The aggregator performs all necessary validation, estimation, and conversion calculations in advance before the actual payment transmission. This preliminary action ensures that all processing requirements are met before the transaction reaches the payment network, improving both completeness and speed.

Inventive Principle:

Principle #10Preliminary action

3Adaptability or versatility

If multiple domestic correspondent banks are involved in the transaction process, then service coverage is improved, but data loss risk increases

Engineering Contradiction:

Improveservice coverageVSAvoiddata loss risk

Core Design Contradiction:

Adaptability or versatilityVSLoss of information

Solution Approach 1:

The patent reduces the number of data transmission interfaces by merging multiple correspondent banks into a single aggregator. This consolidation minimizes the number of points where data could be lost or corrupted, while the aggregator maintains the ability to serve multiple currencies and regions through its aggregated capabilities.

Inventive Principle:

Principle #5Merging (Combining)

4Measurement precision

If each domestic bank handles validation and conversion individually, then processing accuracy is improved, but transparency decreases

Engineering Contradiction:

Improveprocessing accuracyVSAvoidtransparency

Core Design Contradiction:

Measurement precisionVSLoss of information

Solution Approach 1:

The system implements feedback mechanisms where the aggregator provides centralized status information and validation results to the originator bank. This feedback loop improves transparency by providing a single point of contact for transaction status, while the aggregator maintains the accuracy of processing through its consolidated validation logic.

Inventive Principle:

Principle #23Feedback

Data Source

PatentUS20260087467A1Efficient data processing using data aggregator

Publication Date: 2026.03.26 VISA INTERNATIONAL SERVICE ASSOCIATION

AI summary

A method is disclosed. The method includes receiving, by a processing computer, a payout validate message for a transaction from an aggregator computer, which receives a payout inquiry message from an originator computer of a plurality of originator computers. The aggregator computer is in communication with the plurality of originator computers. The payout inquiry message and the payout validate message can comprise a transaction amount for the transaction. The processing computer validates the payout validate message, and then transmits a payout validate response message to the aggregator computer. The payout validate response message comprises data regarding validation of the payout validate message. After transmitting the payout validate response message to the aggregator computer, the method includes receiving, by the processing computer, from the aggregator computer, a payout message. The method also includes transmitting, by the processing computer, a payout response message to the aggregator computer.