ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,506,720, issued on Dec. 23, was assigned to Bluefin Payment Systems LLC (Atlanta).
"Systems and processes for vaultless tokenization and encryption" was invented by Timothy William Barnett (Roswell, Ga.), Grant Putre (Roswell, Ga.) and Donal McCarthy (Waterford, Ireland).
According to the abstract* released by the U.S. Patent & Trademark Office: "A computing device can generate an iFrame on a particular website hosted on a server. The computing device can receive payment data from the iFrame corresponding to a transaction on the particular website. The computing device can generate an eToken corresponding to the received payment data. The computing device can transmit the eToken to t...