US Patent Issued to Capital One Services on May 13 for "System and method for authentication with transaction cards" (Maryland, Massachusetts Inventors)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,299,672, issued on May 13, was assigned to Capital One Services LLC (McLean, Va.).

"System and method for authentication with transaction cards" was invented by Kevin Osborn (Newton Highlands, Mass.) and Jeffrey Rule (Chevy Chase, Md.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present embodiments describe systems and methods for resynchronizing a counter value associated with a contactless card. The system includes a card, a client device, a client device application, and a server. The method includes generating a cryptogram including the counter value, transmitting the cryptogram to the client device, decrypting the cryptogram and thus acquirin...