US Patent Issued to Bank of America on May 20 for "Multi-computer system for user authentication based on client-side one-time passcode" (American, Indian Inventors)

ALEXANDRIA, Va., June 16 -- United States Patent no. 12,309,292, issued on May 20, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Multi-computer system for user authentication based on client-side one-time passcode" was invented by Sandeep Verma (Haryana, India), Pavan Chayanam (Alamo, Calif.), Srinivas Dundigalla (Waxhaw, N.C.) and Nandini Rathaur (Mumbai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Arrangements for generating and using client-side generated one-time passcodes (OTP) for transaction processing are provided. A request to register a user and/or user computing device for client-side OTP processing may be received. A request to register a merchant for client-side OTP processi...