ALEXANDRIA, Va., June 12 -- United States Patent no. 12,301,706, issued on May 13, was assigned to Wells Fargo Bank N.A. (San Francisco).
"Translate random unique method for passcode encryption technology" was invented by Jeff J. Stapleton (O'Fallon, Mo.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods may generally be used to authenticate user credentials. An example method may include using a personal identifier and a stored base derivation key to generate an initial key value, generating a current key value using an initial key value and a counter, determining a decryption key from the current key value and decrypting an encrypted secret value using the decryption key to identify a passw...