US Patent Issued to Wells Fargo Bank on Aug. 25 for "Systems and methods for authentication device-assisted transactions" (California Inventor)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,245, issued on Aug. 25, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for authentication device-assisted transactions" was invented by Sotirios K. Barkas (San Jose, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computing system includes a customer database and a token vault and is configured to provision a single use token to a customer computing device, receive, from a transaction terminal over a network, a transaction request specifying the single use token and including an identification code generated by an authentication device, detokenize the single use token, authenticate, based on the identification co...