ALEXANDRIA, Va., Aug. 20 -- United States Patent no. 12,389,993, issued on Aug. 19, was assigned to CTB HOLDINGS LLC (Portola Valley, Calif.).

"Wallet with card holding mechanisms" was invented by Thuan Tran (San Jose, Calif.), Charlie Carroll (Palo Alto, Calif.) and Binh Tran (Santa Clara, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosure includes a wallet comprising an open-sided shell, a flexible member coupled to the open-sided shell, and a pull tab coupled to the external surface of the flexible member. The disclosure also includes a wallet comprising an open-sided shell, a flexible member coupled to the open-sided shell, a stretchable band configured to wrap around the open-sided she...