James R Mortensen

Title: Innovations by James R. Mortensen

Introduction

James R. Mortensen is an accomplished inventor based in Chandler, AZ, with a notable portfolio of four patents. His work primarily focuses on advancements in mobile wallet technology, particularly in the areas of authentication and fraud prevention.

Latest Patents

One of Mortensen's latest patents involves a method for authentication and fraud prevention in provisioning a mobile wallet. This method includes receiving an inquiry from a provider to authenticate the provisioning of an account to a mobile wallet. It also encompasses determining device ownership information for the mobile device operating the wallet, as well as account ownership information and associated risk information. The method generates a fraud risk level by applying business rules and statistical modeling techniques, ultimately providing a response to the provider based on this risk level. Another patent by Mortensen similarly addresses the provisioning of an account to a mobile wallet, detailing a process that includes sending inquiries to a risk determination system and receiving responses to assess whether to proceed with the provisioning based on the fraud risk level.

Career Highlights

Mortensen's career is marked by his innovative contributions to mobile technology, particularly through his role at Early Warning Services, LLC. His expertise in fraud prevention and risk assessment has positioned him as a key player in the development of secure mobile wallet solutions.

Collaborations

Throughout his career, Mortensen has collaborated with talented professionals, including Betty Chan-Bauza and Aaron Bartrim, to enhance the effectiveness of his innovations.

Conclusion

James R. Mortensen's work in mobile wallet technology exemplifies the intersection of innovation and security, making significant strides in fraud prevention and authentication methods. His contributions continue to shape the future of secure financial transactions.