ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,551, issued on June 17, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Token management system" was invented by Azita Asefi (Vacaville, Calif.), Jorge Michirefe (Phoenix), Al Hecht (Chanhassen, Minn.), Steve Puffer (Champlin, Minn.) and Peter Ho (Walnut Creek, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer system includes a token repository configured to store payment tokens, and a server system. The server system includes a processor and instructions stored in non-transitory machine-readable media, the instructions configured to cause the server system to receive a request to provision a payment token based on a financial...