US Patent Issued to Login ID on March 17 for "User device gated authentication and tokenization computing systems and methods" (Canadian, American Inventors)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,538, issued on March 17, was assigned to Login ID Inc. (San Mateo, Calif.).

"User device gated authentication and tokenization computing systems and methods" was invented by Simon Law (San Mateo, Calif.) and Peter Thien Duong (Mississauga, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are provided that allows users to execute a secure transaction that is authenticated by their digital wallet on their user device. A device-bound digital wallet authentication process includes first registering data with a user device, a network tokenization server, a card issuer server, a digital coordination and notification (DCN) server,...