US Patent Issued to Capital One Services on May 27 for "Orientationless chip layout for a transaction card" (New York, Virginia Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,792, issued on May 27, was assigned to Capital One Services LLC (McLean, Va.).

"Orientationless chip layout for a transaction card" was invented by Tyler Maiman (Melville, N.Y.), Stephen Schneider (Midlothian, Va.) and Daniel Herrington (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Various embodiments are generally directed to techniques to provide an orientationless transaction card. Embodiments include a transaction card having a substrate comprising one or more laminated layers and a chip comprising processing circuitry, and memory, the chip embedded within the substrate. The transaction card may also include a first contact pad couple...