Eddy L H Van De Velde

Title: Eddy L H Van De Velde: Innovator in Payment Technology

Introduction

Eddy L H Van De Velde is a notable inventor based in Leuven, Belgium. He has made significant contributions to the field of payment technology, holding a total of five patents. His work focuses on enhancing the efficiency and reliability of smart payment devices.

Latest Patents

One of his latest patents is titled "Apparatus, method, and computer program product for recovering torn smart payment device transactions." This invention involves a payment terminal assembly that sends a command to a payment device to compute a cryptogram for a transaction. If the cryptogram is not received as expected, the payment terminal stores the identifier of the payment device and transaction recovery data. Upon re-presentation of the payment device, the terminal compares the identifier to stored data. If a match is found, a second command is sent to instruct the payment device to re-produce the cryptogram, thereby completing the transaction.

Career Highlights

Eddy L H Van De Velde is currently employed at Mastercard International Incorporated, where he continues to innovate in the payment technology sector. His expertise and inventions have contributed to advancements in secure transaction processing.

Collaborations

Eddy has collaborated with notable colleagues such as David Anthony Roberts and Patrik Smets. Their combined efforts have furthered the development of innovative solutions in the payment industry.

Conclusion

Eddy L H Van De Velde is a prominent figure in the realm of payment technology, with a focus on improving transaction reliability through his inventive patents. His work at Mastercard International Incorporated exemplifies his commitment to innovation in this critical field.