Company Filing History:
Years Active: 2023
Title: Innovations by Loran Halfon: Pioneering Transaction Security
Introduction
Loran Halfon, an inventive mind hailing from Ramat-Gan, Israel, has made significant contributions to the field of transaction processing. With a total of two patents to his name, Halfon has focused on enhancing security measures and fraud detection through innovative technologies in machine learning.
Latest Patents
Halfon's most recent patents showcase his expertise in transaction exception and fraud processing. The first patent describes a machine-learning algorithm that identifies transaction exceptions, predicting whether a transaction warrants further management approval or intervention due to potential fraud. By analyzing relevant features from transaction data, this algorithm enhances operational efficiency and security.
The second patent focuses on a data-driven partial rescan precision booster, which identifies transactions that require a partial security check based on the items involved. This patent optimizes the security process by determining which items need rescan checks, thereby streamlining the transaction process while maintaining robust theft prevention measures.
Career Highlights
Loran Halfon is currently affiliated with NCR Corporation, where he plays a crucial role in developing advanced transaction processing technologies. His dedication to innovation in this area reflects his commitment to creating secure and efficient systems that benefit both businesses and consumers.
Collaborations
Halfon collaborates with talented colleagues, including Itamar David Laserson and Tali Shpigel. Together, they bring diverse skills and insights to their projects, driving forward the company's technological advancements in transaction security.
Conclusion
Loran Halfon exemplifies the spirit of innovation through his significant patents and contributions to transaction processing technology. His work continues to impact the industry positively, underscoring the importance of security in financial transactions.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.