US Patent Issued to Plaid on Dec. 23 for "Secure permissioning of access to user accounts, including secure deauthorization of access to user accounts" (California Inventors)

ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,506,724, issued on Dec. 23, was assigned to Plaid Inc..

"Secure permissioning of access to user accounts, including secure deauthorization of access to user accounts" was invented by William Hockey (San Francisco) and Michael Kelly (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "A permissions management system is disclosed for enabling a user to securely authorize a third-party system to access user account data and initiate transactions related to a user account, without disclosing to the third-party system account credentials. The system enables the user to also securely de-authorize the third-party system. For example, records may be au...