US Patent Issued to Digits Financial on Sept. 15 for "System and method for providing global transaction identifiers" (California, Massachusetts Inventors)

ALEXANDRIA, Va., Sept. 15 -- United States Patent no. 12,737,769, issued on Sept. 15, was assigned to Digits Financial Inc. (San Francisco).

"System and method for providing global transaction identifiers" was invented by Jeffrey Hall Seibert Jr. (Hillsborough, Calif.), Brian Hatfield (Cambridge, Mass.) and Adrian Stephen Grealish (Malibu, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for providing a global transaction identifier. When a financial services transaction occurs, a globally unique identifier is generated that fits into a truncated description field of a financial services processor provider's statement. Illustratively, this globally unique identifier may take the case...