This inventor holds 1 USPTO granted patent and 1 published patent application. Top assignee: First Data Corporation. Active years: 2016.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2016
Title: Laurence Martinez: Innovator in PIN Security Systems
Introduction
Laurence Martinez is a notable inventor based in Denver, Colorado. He has made significant contributions to the field of security technology, particularly in the area of Personal Identification Number (PIN) systems. His innovative approach has led to the development of a unique method for creating and managing PINs securely.
Latest Patents
Martinez holds a patent for a "PIN creation system and method." This invention allows users to select or create a PIN at a non-secure input device, such as a web-enabled personal computer. The PINs are stored at a financial host in encrypted form, known as PIN offsets. The user-selected PIN and the corresponding account number are transmitted in clear text to the host, which then selects a base PIN offset corresponding to the chosen PIN. A host security module within the financial host converts the base PIN offset into an actual PIN offset using the actual account number. The actual PIN offset, which corresponds to the new PIN and the account number, is subsequently stored at the financial host. This innovative system enhances the security of PIN management.
Career Highlights
Laurence Martinez is currently employed at First Data Corporation, where he continues to work on advancements in financial technology. His expertise in security systems has positioned him as a valuable asset to the company. With a focus on innovation, he has contributed to the development of secure transaction methods that benefit users and financial institutions alike.
Collaborations
Martinez has collaborated with several professionals in his field, including Robert Edwin Dravenstott and Brian Krzeminski. These partnerships have fostered an environment of creativity and innovation, leading to advancements in security technology.
Conclusion
Laurence Martinez is a pioneering inventor whose work in PIN security systems has made a significant impact on the financial technology landscape. His innovative methods for managing PINs securely demonstrate his commitment to enhancing user security in digital transactions.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile