US Patent Issued to Capital One Services on May 20 for "Transaction card assembly" (Virginia, Texas, New Jersey Inventors)

ALEXANDRIA, Va., June 16 -- United States Patent no. 12,307,317, issued on May 20, was assigned to Capital One Services LLC (McLean, Va.).

"Transaction card assembly" was invented by Phoebe Atkins (Midlothian, Va.), Vyjayanthi Vadrevu (Pflugerville, Texas) and Michael Saia (Weehawken, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A modular transaction card assembly includes a card frame having the traditional dimensions of a credit card, and a transaction card that is smaller than a traditional card and that fits into a receptacle of the card frame. Each of the card frame and the transaction card may be capable of performing contactless data transactions individually. The combined assembly of the card ...