US Patent Issued to Wells Fargo Bank on July 22 for "Cryptographic random identification (CRID) for authentication and indentification of users" (Texas Inventor)

ALEXANDRIA, Va., July 23 -- United States Patent no. 12,368,602, issued on July 22, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Cryptographic random identification (CRID) for authentication and indentification of users" was invented by Jeffrey J. Stapleton (Arlington, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "The arrangements of the present disclosure relate to systems, apparatuses, methods, and non-transitory computer-readable media for authenticating a participant associated with a first device by a second device, including generating, by the second device, a random number, determining, by the second device, a first Random Identifier (RID) using an ID of the first participant associa...