US Patent Issued to Capital One Services on April 14 for "Systems and methods for mobile pre-authorization of a credit transaction" (Canadian Inventor)

ALEXANDRIA, Va., April 15 -- United States Patent no. 12,602,694, issued on April 14, was assigned to Capital One Services LLC (McLean, Va.).

"Systems and methods for mobile pre-authorization of a credit transaction" was invented by Mark Sorbello (Richmond Hill, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for pre-authorizing a credit transaction may include receiving a pre-authorization request including a request identifier, a user identifier, a pre-authorization amount, a time duration identifier, and a vendor identifier, transmitting the pre-authorization request to a server remote from the user device, receiving a pre-authorization confirmation including the request identifier, a confi...