US Patent Issued to Stripe on June 3 for "Trusted customer network" (Washington, New York Inventors)

ALEXANDRIA, Va., June 4 -- United States Patent no. 12,321,935, issued on June 3, was assigned to Stripe Inc. (South San Francisco, Calif.).

"Trusted customer network" was invented by Kerwell Liao (Seattle) and Angel Maredia (New Rochelle, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A user scans a payment card while setting up an account on a merchant's website, or while completing a check out to purchase an item or service for the first time. The subject system stores signals from the card scan (e.g., device ID, verified card, location, last time scanned and used, etc.). The next time a transaction is requested for the card at another merchant, the subject system can reference the last data it has o...