US Patent Issued to Visa International Service Association on May 26 for "Efficient and protected data transfer system and method" (California Inventors)

ALEXANDRIA, Va., May 26 -- United States Patent no. 12,641,065, issued on May 26, was assigned to Visa International Service Association (San Francisco).

"Efficient and protected data transfer system and method" was invented by Thomas Bellenger (Pacifica, Calif.) and Manjush Gopinatha Menon (San Ramon, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method is disclosed. The method includes receiving and storing, by a processing computer, a set of user data associated with a user, and an encrypted data packet from an authorizing entity computer, the encrypted data packet comprising sensitive data associated with the user encrypted using a first cryptographic key. The method includes receiving, from a ...