US Patent Issued to Visa International Service Association on Aug. 26 for "Systems and methods for communicating risk using token assurance data" (California Inventors)

ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,400,223, issued on Aug. 26, was assigned to Visa International Service Association (San Francisco).

"Systems and methods for communicating risk using token assurance data" was invented by Matthew Dill (St. Helena, Calif.), Prasanna L. Narayan (San Ramon, Calif.), Glenn Powell (Fremont, Calif.), John Sheets (San Francisco) and Andrew Carpenter (Belmont, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for interoperable network token processing are provided. A network token system provides a platform that can be leveraged by external entities (e.g., third party wallets, e-commerce merchants, payment enablers/payment service provid...