Company Filing History:
Years Active: 2018-2021
Title: Innovations of Matthew Scott Morice
Introduction
Matthew Scott Morice is an accomplished inventor based in St. Charles, MO (US). He has made significant contributions to the field of technology, particularly in payment systems and transaction analysis. With a total of five patents to his name, Morice has demonstrated a commitment to innovation and problem-solving in the financial technology sector.
Latest Patents
One of Morice's latest patents is titled "Systems and methods for use in evaluating aggregate merchant sets." This invention provides methods for evaluating merchant sets generated by payment networks. The method involves accessing monitor and volatility scores for an aggregate merchant set, determining degrees of membership to fuzzy sets, and generating an evaluation index based on inference rules. This innovation aims to enhance the propriety of merchant aggregation.
Another notable patent is the "System and computer-implemented method for identifying defective chip readers through substandard transaction experiences." This invention analyzes chip card transactions to identify defective chip cards and readers. By establishing constraints and identifying subsets of transactions, the system calculates the percentage of fallback transactions for unique chip readers. If the percentage exceeds a maximum value, the chip reader is flagged as defective, allowing merchants to take necessary actions.
Career Highlights
Matthew Scott Morice is currently employed at Mastercard International Incorporated, where he continues to develop innovative solutions in the payment technology space. His work has contributed to improving transaction security and efficiency, making a significant impact on the industry.
Collaborations
Morice has collaborated with notable colleagues such as Ravi Santosh Arvapally and Walter Francis Lo Faro. These partnerships have fostered a creative environment that encourages the development of groundbreaking technologies.
Conclusion
Matthew Scott Morice is a prominent inventor whose work in payment systems has led to several important patents. His innovative solutions address critical challenges in transaction analysis and merchant evaluation. Morice's contributions continue to shape the future of financial technology.