Jim Newman

Title: Jim Newman - Innovator in Fraud Prevention Technology

Introduction

Jim Newman is a notable inventor based in Portland, Oregon. He has made significant contributions to the field of fraud prevention through his innovative patent. His work focuses on evaluating risk in electronic transactions, which is crucial in today's digital economy.

Latest Patents

Jim Newman holds a patent for a "System and method for evaluating risk in fraud prevention." This invention involves a method of determining a risk score that indicates the likelihood of an electronic transaction involving fraud or abuse. The process begins with receiving transaction data from a merchant, which includes various characteristics related to the transaction. A profile is selected that identifies network devices associated with these characteristics and their reputations. The risk score is then calculated based on the reputation of these devices, providing merchants with valuable information to decide whether to proceed with the transaction.

Career Highlights

Throughout his career, Jim Newman has demonstrated a commitment to innovation in technology. His work at Iovation Inc. has positioned him as a key player in the development of solutions that enhance security in electronic transactions. His patent reflects his expertise and dedication to improving fraud prevention methods.

Collaborations

Jim Newman collaborates with talented individuals in his field, including coworkers Bart Lonchar and Scott Waddell. Their combined efforts contribute to the advancement of technology in fraud prevention.

Conclusion

Jim Newman is an influential inventor whose work in fraud prevention technology has made a significant impact. His innovative patent showcases his ability to address critical challenges in electronic transactions. Through his contributions, he continues to enhance security measures in the digital landscape.