ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,470,365, issued on Nov. 11, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Point-to-point encryption/decryption" was invented by Zvulun Halfon (Woodland Hills, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A point-to-point encryption and decryption system is provided. The system includes an exclusive OR gate located at the encryption side and a second exclusive OR gate at the decryption side. The system also includes a catalogued random data store feeding into the first input of the exclusive OR gate and a second catalogued random data store for feeding the second exclusive OR gate and a visible medium. The exclusive OR gate receives ...