US Patent Issued to Capital One Services on Sept. 1 for "Systems and methods for device authentication and authorization" (Maryland, Virginia, District Of Columbia Inventors)

ALEXANDRIA, Va., Sept. 1 -- United States Patent no. 12,726,358, issued on Sept. 1, was assigned to Capital One Services LLC (McLean, Va.).

"Systems and methods for device authentication and authorization" was invented by Jeffrey Rule (Chevy Chase, Md.), Kaitlin Newman (Washington) and Rajko Ilincic (Annandale, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Example embodiments of systems and methods for data transmission system between transmitting and receiving devices for use in a tap and walk store are provided. In an example embodiment, the transmitting device can generate a diversified key using the master key, protect a counter value and encrypt data prior to transmitting to the receiving device, w...