US Patent Issued to Citibank on March 18 for "Peer-to-peer authentication with a secure channel communication" (Israeli Inventors)

ALEXANDRIA, Va., March 19 -- United States Patent no. 12,255,893, issued on March 18, was assigned to Citibank N.A. (New York).

"Peer-to-peer authentication with a secure channel communication" was invented by Elroi Luria (Ramat Gan, Israel), Shay Davidpur (Ness Ziona, Israel), Dina Vaingolts (Ramat Gan, Israel), Yaniv Bouhadana (Netanya, Israel) and Oded Margalit (Ramat Gan, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "An identity verification system enables peer-to-peer authentication in a potentially insecure channel by leveraging a secure channel communication. The system authenticates a user via an identity verification application. The system provides a validation code to the user. The user co...