Company Filing History:
Years Active: 2008-2014
Title: The Innovative Mind of Ho Ming Luk
Introduction
Ho Ming Luk is an accomplished inventor based in San Diego, CA, with a significant contribution to the field of technology and data processing. With a total of four patents to his name, he has developed innovative systems that enhance fraud detection and data summarization in financial transactions and insurance.
Latest Patents
His most recent patents showcase his expertise in computer-implemented systems. One of his notable inventions is the "Computer-implemented multiple entity dynamic summarization systems and methods." This innovation operates on data processing devices, providing a robust fraud detection system. It enables real-time or near real-time analysis of financial transaction data initiated by multiple entities throughout the day. The generated summarization helps identify potential fraudulent activities related to financial transactions.
Another of his groundbreaking inventions is focused on "Detection of insurance premium fraud or abuse using a predictive software system." This technology employs a predictive model that analyzes various derived variables to assess the likelihood of fraud for each insurance policy. The system scores each policy's risk, integrating rule-based analyses to identify inconsistencies indicative of premium fraud. This allows for customized outputs that better serve user needs.
Career Highlights
Ho Ming Luk has worked with prominent companies in the technology sector, including Fair Isaac Corporation and SAS Institute Inc. His work in these organizations has positioned him as a key player in the development of sophisticated data analysis systems that serve various industries.
Collaborations
Throughout his career, Luk has collaborated with notable professionals including Arati S Deo and Anu Kumar Pathria. Their teamwork has contributed to the innovation and refinement of the systems that he has patented, fostering an environment of creative problem-solving and technical advancement.
Conclusion
The work of Ho Ming Luk reflects a commitment to leveraging technology for practical solutions in fraud detection and financial analysis. His patents not only mark significant advancements in their respective fields but also embody the innovative spirit that drives progress in technology. As he continues on his journey, the impact of his inventions will undoubtedly be felt across various sectors, transforming how we approach transaction integrity and security.