ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,109, issued on Oct. 7, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Privacy as a service" was invented by Rick A. Beye (Highland Beach, Fla.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure are directed to protecting individual privacy during a service transaction. The mobile device identity is separated from the individual's identity when the individual is consuming the provided services. One aspect enables the connection between the individual's identity and the mobile device identifiers to be broken by binding ownership of the physical device to a separate entity called the privacy provider service (PPS). With ...