US Patent Issued to CAPITAL ONE SERVICES on Nov. 25 for "Systems and methods for performing financial transactions using active authentication" (Pennsylvania, Florida Inventors)

ALEXANDRIA, Va., Nov. 25 -- United States Patent no. 12,481,993, issued on Nov. 25, was assigned to CAPITAL ONE SERVICES LLC (McLean, Va.).

"Systems and methods for performing financial transactions using active authentication" was invented by Rudolph Christian Wolfs (Fort Myers Beach, Fla.) and David A. Pinski (Merion Station, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A financial transaction method includes receiving a request to perform a financial transaction at a financial institution, generating a single-use transaction key for the financial transaction, and storing at least a first portion of the transaction key in a storage medium. The transaction key is transmitted to a user that requested t...