US Patent Issued to Bank of America on April 7 for "Token validation for event processing approval" (North Carolina, Washington Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,598,176, issued on April 7, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Token validation for event processing approval" was invented by Jeetendra Hukmichand Jain (Charlotte, N.C.) and Bradley Holland (Bellingham, Wash.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure relate to virtual tokens. A computing platform may generate, based on approval of a first authentication token, a second authentication token corresponding to an individual. The computing platform may receive an event processing request corresponding to the individual and the second authentication token. The computing platform may analyze the second aut...