US Patent Issued to Capital One Services on March 17 for "Systems and methods for generating shared secret key for transaction cards" (Virginia, Massachusetts, Illinois Inventors)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,580,752, issued on March 17, was assigned to Capital One Services LLC (McLean, Va.).

"Systems and methods for generating shared secret key for transaction cards" was invented by Kevin Osborn (Newton Highlands, Mass.), Srinivasa Chigurupati (Long Grove, Ill.) and John Jones (Leesburg, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for generating a shared secret key for a transaction card are provided. An exemplary system can include: a transaction card including a card private key and a card public key derived from the card private key; a server including a server private key and a server public key derived from the server privat...