ALEXANDRIA, Va., April 21 -- United States Patent no. 12,608,574, issued on April 21, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"Transaction cards" was invented by Sara Sindelar (Manhattan, N.Y.), Dylan Muhlstock (Stamford, Conn.), Howard Spector (Street, Md.) and Timothy Ludwig (Glen Mills, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Transaction cards are disclosed. In one embodiment, a transaction card may include: a substrate having a top surface and a bottom surface; a chip comprising a plurality of electrical contacts and positioned in the substrate below the top surface of the substrate; and a first conductive material provided between the plurality of electrical contacts and the top ...