Dana J Lorberg

Title: **Innovative Contributions of Dana J. Lorberg: A Pioneering Inventor in Payment Technology**

Introduction

Dana J. Lorberg, a prolific inventor based in St. Louis, MO, has made significant strides in the payment technology landscape. With a remarkable portfolio of 10 patents, her innovations have contributed to enhancing the security and efficiency of financial transactions. As an integral part of Mastercard International Incorporated, Dana continues to push the boundaries of technology.

Latest Patents

One of Dana's notable recent inventions is the "System and Method of Tokenizing Deposit Account Numbers for Use at Payment Card Acceptance Point." This patented method involves a sophisticated process for routing payment transactions. It begins with the reception of a transaction request that includes a previously issued payment token for the account holder. The token is then translated into a funding account indicator, adhering to the format defined for payment card account numbers. Subsequently, this indicator is converted into a bank account number, which is crucial for identifying the deposit account owned by the user. An electronic funds transfer (EFT) message is then generated to initiate a transaction funded from the specified bank account. This innovative approach not only enhances security but also streamlines payment processes significantly.

Career Highlights

Throughout her career at Mastercard International Incorporated, Dana has been at the forefront of developing cutting-edge payment solutions. Her expertise has driven numerous advancements in how financial transactions are conducted, making them safer and more efficient for users.

Collaborations

Dana works alongside talented colleagues, including Sandeep Malhotra and Patrick L. Killian, who share her vision of advancing payment technology. Together, they form a dynamic team that fosters innovation and explores new horizons in the financial technology sector.

Conclusion

Dana J. Lorberg's contributions to the realm of payment technology exemplify the essence of innovation. Through her patented inventions, she not only enhances the security and efficiency of financial transactions but also inspires future generations of inventors to challenge the status quo. Her ongoing work at Mastercard International Incorporated solidifies her position as a leading figure in revolutionizing how we perceive and engage with payment systems.