US Patent Issued to Wells Fargo Bank on Dec. 30 for "Payment vehicle with on and off function" (North Carolina Inventors)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,649, issued on Dec. 30, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Payment vehicle with on and off function" was invented by Michael T. Duke (Monroe, N.C.) and Dean Patrick Nolan (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer system and method for enabling or disabling a payment vehicle at the request of a payment card holder from a remote device. The computer system comprises a computer having memory and a processor for processing input data received from a remote device. The input data comprises an instruction executable by the processor in a form of a text message or electronic mail received from the remot...