This inventor holds 3 USPTO granted patents and 1 published patent application. Top assignee: Early Warning Services, LLC. Active years: 2020-2026.
Company Filing History:
Years Active: 2020-2026
Title: Innovations by David W Barnhardt
Introduction
David W Barnhardt is an accomplished inventor based in Cornelius, NC (US). He has made significant contributions to the field of financial transaction risk assessment. With a total of 3 patents, Barnhardt's work focuses on enhancing the security and reliability of person-to-person payment transactions.
Latest Patents
Barnhardt's latest patents include a system and method for using multiple profiles and scores for assessing financial transaction risk. This innovative system responds to requests for risk assessments of P2P payment transactions by returning a payer risk score, a payee risk score, and a joint/fusion risk score. The risk scores are derived from extensive data provided by multiple financial institutions. The data is meticulously sorted and linked to individual people, such as common account holders, and organized into profiles for effective risk evaluation. A dedicated database stores these profiles and their associated risk scores, which are then provided in response to specific transaction data.
Career Highlights
David W Barnhardt is currently employed at Early Warning Services, LLC, where he continues to develop and refine his innovative solutions in financial technology. His expertise in risk assessment systems has positioned him as a key player in enhancing transaction security.
Collaborations
Barnhardt collaborates with fellow inventor Anthony J Selway, contributing to the advancement of their shared goals in the field of financial technology.
Conclusion
David W Barnhardt's contributions to financial transaction risk assessment through his innovative patents demonstrate his commitment to improving security in digital payments. His work continues to influence the industry positively.