ALEXANDRIA, Va., Sept. 3 -- United States Patent no. 12,407,681, issued on Sept. 2, was assigned to Bank of America Corp. (Charlotte, N.C.).
"IoT based authentication" was invented by Michael Young (Davidson, N.C.), Graham Wyllie (Charlotte, N.C.), Kelly Keiter (Waxhaw, N.C.) and Robert Nyeland Huggins (Charlotte, N.C.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure relate an IoT authentication system to strengthen and streamline authentication for transaction processing for users. A transaction computing platform using artificial intelligence may receive from a plurality of IoT devices information regarding interactions with a user. In some arrangements, transaction computing platfo...