Janis Simm is a notable inventor based in Scottsdale, AZ, who has made significant contributions to the fields of transaction security and fraud detection. With a total of 2 patents, her work focuses on innovative systems and methods that enhance the security of financial transactions.

Latest Patents

Janis Simm's latest patents include groundbreaking technologies aimed at identifying potentially illicit purchases, particularly in card-not-present transactions. One of her inventions involves a merchant transaction system that utilizes a processor and memory to assess transaction risks. The system communicates with a transaction risk evaluator to determine the level of risk associated with a sale transaction, allowing merchants to make informed decisions on whether to proceed with the transaction.

Another significant patent addresses fraud detection and prevention within unemployment insurance programs. This system identifies individuals who may be fraudulently collecting benefits while simultaneously receiving wages from an employer. By analyzing deposit transactions and account information from various financial institutions, the system provides critical insights to government agencies regarding potential fraudulent activities.

Career Highlights

Janis Simm has established herself as a key player in her field through her innovative patents and contributions to Early Warning Services, LLC. Her work has not only advanced transaction security but has also played a vital role in protecting financial systems from fraud.

Collaborations

Throughout her career, Janis has collaborated with esteemed colleagues such as Thomas J McLaughlin and David DeLawter, further enhancing the impact of her inventions.

Conclusion

Janis Simm's innovative work in transaction security and fraud detection exemplifies her commitment to improving financial systems. Her patents reflect a deep understanding of the challenges faced in these areas and provide effective solutions to mitigate risks.