US Patent Issued to Capital One Services on June 16 for "Tokenizing a primary account number prior to transmission to a terminal" (Virginia, New Jersey Inventors)

ALEXANDRIA, Va., June 16 -- United States Patent no. 12,657,576, issued on June 16, was assigned to Capital One Services LLC (McLean, Va.).

"Tokenizing a primary account number prior to transmission to a terminal" was invented by James Zarakas (Centreville, Va.) and Tyler Locke (Jersey City, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "In some implementations, a transaction card may receive transaction data from a transaction terminal based on initiation of a transaction with the transaction terminal; generate a tokenized primary account number, for use with the transaction, based on the transaction data and an actual primary account number of the transaction card; and transmit the tokenized primary a...