Company Filing History:
Years Active: 2007-2018
Title: Paul J Lyda: Innovator in Identity Risk Scoring and Payment Systems
Introduction
Paul J Lyda is a notable inventor based in Powell, OH (US), recognized for his contributions to the fields of identity risk scoring and electronic payment systems. With a total of 3 patents to his name, Lyda has made significant strides in enhancing the security and efficiency of financial transactions.
Latest Patents
One of Lyda's latest patents focuses on identity risk scoring. This innovation allows for the determination of an identity risk score for subscribers of a service, indicating the level of confidence associated with a subscriber's identity. The score can be adjusted based on various factors, including transactions and information submitted by the subscriber. This dynamic scoring system ensures that the functionality provided to subscribers aligns with their identity risk score.
Another significant patent involves methods and systems for determining and displaying payment lead time in an electronic payment system. This invention identifies a payee associated with a payor and determines the expected payment delivery time before a payment request is received. By analyzing payment attributes related to both the payee and payor, the system generates an interface screen that displays the expected payment delivery time, enhancing user experience and transparency.
Career Highlights
Paul J Lyda is currently employed at Checkfree Corporation, where he continues to innovate in the financial technology sector. His work has contributed to the development of systems that improve transaction security and efficiency, making a lasting impact on the industry.
Collaborations
Lyda has collaborated with notable colleagues, including Peter Moenickheim and Timothy Herdklotz, to further advance his projects and innovations.
Conclusion
Paul J Lyda stands out as a key figure in the realm of financial technology, with his patents addressing critical issues in identity verification and payment processing. His work not only enhances security but also improves the overall efficiency of electronic transactions.