Company Filing History:
1 out of 832,812 Years Active: 1997
Title: The Innovative Mind of James Magner
Introduction: James Magner is a notable inventor based in Los Alamitos, California. He has made significant contributions to the field of security technology through his innovative patent. His work focuses on enhancing the protection of sensitive account information during transactions.
Latest Patents: James Magner holds a patent for a "Transaction device, equipment and method for protecting account numbers." This security equipment is designed to protect the relaying of account numbers and personal identification numbers (PIN) through telephonic or other communication links. The system includes a host computer and a remote portable transaction device that interact seamlessly. A credit granting institution generates an account number along with a series of unique personal identification numbers for each account. This information is securely stored in the host computer's memory and assigned as a reference series to individual customer accounts. The remote device also stores an identical series of numbers in the same sequence. During operation, the customer account on the host computer is activated, and the memory is indexed sequentially to the first number in the reference series. When using the remote device, a unique personal identification number is added to the customer account number and transmitted to the host computer. The system compares the transmitted number to the stored reference series, authorizing the transaction if they match, or denying it otherwise.
Career Highlights: Throughout his career, James Magner has demonstrated a commitment to innovation and security. His patent reflects his expertise in developing technology that safeguards personal information during financial transactions. This invention is particularly relevant in today's digital age, where security breaches are increasingly common.
Collaborations: James has worked alongside talented individuals such as Sam Rahman and John Martin Brown. Their collaborative efforts have contributed to the advancement of security technologies and the development of innovative solutions in the industry.
Conclusion: James Magner's contributions to the field of security technology through his patent highlight his innovative spirit and dedication to protecting sensitive information. His work serves as a valuable asset in the ongoing effort to enhance transaction security in an increasingly digital world.