US Patent Issued to United Services Automobile Association (USAA) on April 21 for "Automated proximity fraud account lock systems and methods" (Texas Inventors)

ALEXANDRIA, Va., April 21 -- United States Patent no. 12,608,698, issued on April 21, was assigned to United Services Automobile Association (USAA) (San Antonio).

"Automated proximity fraud account lock systems and methods" was invented by Andre Rene Buentello (San Antonio) and David Alexander Lilley (Schertz, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems described in this disclosure for protecting one or more consumer accounts. In one implementation, the system includes a security device and a portable computing device. The portable computing device detects whether it is in proximity to the security device. When the portable computing device is in proximity to the security device,...