US Patent Issued to Bank of America on Sept. 2 for "System for implementing dynamic authentication restrictions for resource instrument use" (North Carolina, Pennsylvania, Maine, South Carolina Inventors)

ALEXANDRIA, Va., Sept. 3 -- United States Patent no. 12,405,833, issued on Sept. 2, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System for implementing dynamic authentication restrictions for resource instrument use" was invented by Tony England (Tega Cay, S.C.), Steven Michael Twombly (Saco, Maine), Robertson Walters Greenbacker (Charlotte, N.C.), Bradley Ryan Holland (Huntersville, N.C.) and Sara A. Walsh (West Chester, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system is provided for implementing dynamic authentication restrictions for resource instrument use. In particular, the system may be configured to implement a spectrum of resource transfer restrictions on a device level, re...