Company Filing History:
Years Active: 2009-2012
Title: Innovations by Daniel Chatelain
Introduction
Daniel Chatelain is an accomplished inventor based in Emerald Hills, California. He has made significant contributions to the field of financial technology, particularly in the area of payment card security. With a total of 2 patents to his name, Chatelain's work focuses on enhancing the security and functionality of payment systems.
Latest Patents
One of Chatelain's latest patents is the "Auto-sequencing financial payment display card." This innovative payment card features a store of issuer-defined pre-generated cryptograms that are loaded only once into the card by a perso-bureau or issuer. The card includes an on-board and autonomous electronic display that auto-sequences the personal account number (PAN), card verification value (CVV), or expiration date (EXP) through the stored cryptograms. Each displayed value is unique and can only be used once in a financial transaction, ensuring enhanced security without requiring changes in user behavior.
Another notable patent is the "Automated payment card fraud detection and location." This model comprises an internal virtual account number generator and a user display for Card-Not-Present transactions. It enables Card-Present transactions through a magnetic array associated with the card's magnetic stripe. The internal virtual account number generator can reprogram bits encoded in the magnetic stripe to reflect the latest virtual account number. This system produces a sequence of virtual numbers that can be approved by the issuing bank, allowing for real-time detection of fraudulent attempts.
Career Highlights
Chatelain's career is marked by his dedication to improving financial transaction security. His innovative solutions have the potential to revolutionize how payment cards are used and protected. He is currently associated with Qsecure, Inc., where he continues to develop cutting-edge technologies in the financial sector.
Collaborations
Throughout his career, Chatelain has collaborated with talented individuals such as Kerry Dennis Brown and David Pariseau. These partnerships have contributed to the development of his innovative ideas and patents.
Conclusion
Daniel Chatelain is a visionary inventor whose work in payment card technology is paving the way for safer financial transactions. His patents reflect a commitment to innovation and security in the financial industry.