US Patent Issued to Bank of America on Dec. 30 for "System and method for implementing token-based authentication of text messages" (North Carolina Inventor)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,512,990, issued on Dec. 30, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for implementing token-based authentication of text messages" was invented by James Siekman (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for implementing token-based authentication of text messages comprises an entity server in communication with a token server. The entity server sends a first message to the token server to request for a security token. The first message includes entity and user information with a reason for generating the security token. The token server generates the security token and sends it to the ent...