This inventor holds 2 USPTO granted patents. Top assignee: Vesta Corporation. Active years: 2019.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2019
Title: Innovations by John Lei in Payment Processing Systems
Introduction
John Lei is an accomplished inventor based in Portland, OR (US). He has made significant contributions to the field of payment processing systems, holding a total of 2 patents. His work focuses on enhancing transaction security and efficiency through innovative technologies.
Latest Patents
John Lei's latest patents include groundbreaking methods for anomaly detection in groups of transactions. This patent describes a payment processing system that continuously processes transactions. It extracts groups of transactions that meet specific criteria within a recent measurement window and compares them to a baseline window. By analyzing selected attributes and calculating risk metrics, the system can generate alerts for potentially fraudulent activities.
Another notable patent by John Lei is related to the exclusion of nodes from link analysis. This invention allows a payment processing system to build a link analysis web in real-time by parsing transactions and retrieving associated entities. The system checks each entity against a bypass table to exclude any that may be deemed erroneous. This innovative approach enhances the accuracy of fraud detection by utilizing various risk metrics.
Career Highlights
John Lei is currently employed at Vesta Corporation, where he continues to develop and refine payment processing technologies. His expertise in transaction analysis and risk assessment has positioned him as a key player in the industry.
Collaborations
Throughout his career, John has collaborated with talented individuals such as Jianning Le and Jiaqi Yu. These partnerships have fostered a creative environment that encourages innovation and the development of cutting-edge solutions.
Conclusion
John Lei's contributions to payment processing systems through his patents demonstrate his commitment to enhancing transaction security and efficiency. His work continues to influence the industry and pave the way for future innovations.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
