ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,438,862, issued on Oct. 7, was assigned to SWOOP IP HOLDINGS LLC (Wilmington, Del.).
"Email-based authentication for account login, account creation and security for passwordless transactions" was invented by John P. Killoran Jr. (Albuquerque, N.M.) and Graham Bass (Albuquerque, N.M.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method is disclosed for providing vendors an alternative to a password-based security system. The system and method also allows vendors to manage secure transactions by leveraging various message authentication techniques while allowing the vendor full control over related processes such as payment processing and fu...