Company Filing History:
Years Active: 2014-2023
Title: The Innovations of Judson Reed
Introduction
Judson Reed is an accomplished inventor based in San Ramon, California. He holds three patents that showcase his expertise in electronic payment transaction processing. His work has significantly contributed to enhancing security and efficiency in payment systems.
Latest Patents
One of Judson Reed's latest patents is titled "Private label token provisioning for electronic payment transaction processing networks." This invention includes apparatuses, methods, and systems for a token provisioning process. The server computer device can receive a request from an issuer for a private label token associated with a primary account number of a payment card. The process involves generating and activating the token based on product characteristics associated with the primary account number and the partnership offer.
Another notable patent is "Encryption switch processing." This invention provides techniques to eliminate the need for merchants and acquirers to conduct Payment Card Industry (PCI) security audit procedures. By implementing this system, merchants can reduce operating expenses related to compliance audits while ensuring cardholder data remains secure. The system enhances security through per transaction audits, assuring PCI DSS compliance on a transaction basis.
Career Highlights
Judson Reed is currently employed at Visa International Service Association, where he continues to innovate in the field of electronic payments. His contributions have been instrumental in developing secure payment solutions that benefit both merchants and consumers.
Collaborations
Judson has collaborated with notable coworkers such as Ross Sakata and Gourab Basu. Their combined expertise has fostered a creative environment that drives innovation in payment technologies.
Conclusion
Judson Reed's work exemplifies the impact of innovation in the electronic payment industry. His patents not only enhance security but also streamline processes for merchants and consumers alike. His contributions continue to shape the future of payment transaction processing.