ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,541,605, issued on Feb. 3, was assigned to Capital One Services LLC (McLean, Va.).
"Secure tokenized data exchange" was invented by Alain S. Petit (Glen Valley, Va.) and Rohit Joshi (Glen Allen, Va.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and apparatuses are described for secure transfer of tokenized data from a sender to a recipient without disclosing tokenization schemas of either party. A computing device may receive a detokenization algorithm associated with a sender and tokenized data. The computing device may generate plain data by processing the first tokenized data using the detokenization algorithm. The computing device ...