US Patent Issued to MasterCard International on Dec. 30 for "Tokenization request handling at a throttled rate in a payment network" (Missouri Inventor)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,651, issued on Dec. 30, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Tokenization request handling at a throttled rate in a payment network" was invented by Aaron Braundmeier (O'Fallon, Mo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosure herein describes handling tokenization requests associated with electronic transactions at a payment network at a throttled processing rate. Tokenization requests are received by tokenization stream brokers from request sources. The tokenization requests include primary account numbers (PANs) to be tokenized. The tokenization requests are then consumed from the tokenization stream b...