Paul Y Moreton

Title: **Innovative Contributions of Paul Y. Moreton in Payment Card Authentication**

Introduction

Paul Y. Moreton is an accomplished inventor based in McLean, Virginia, with a remarkable portfolio of 94 patents. His innovative work primarily focuses on enhancing the security of payment card transactions through advanced authentication systems.

Latest Patents

Among his latest innovations, Moreton has developed a patent for URL-based authentication for payment cards. This invention outlines systems, methods, and articles of manufacture aimed at improving the security of payment card authentication. The invention details a server that assigns an expected card identifier to a contactless card linked to an account. When a request is received from a client device, it includes a URL that transmits the card identifier from the contactless card. The server extracts this identifier, compares it with the expected identifier in its database, and authenticates the request if they match. This method significantly enhances the security of payment transactions.

Another notable patent by Moreton is centered on cryptographic authentication of contactless cards. This innovative system facilitates secure data transmission between transmitting and receiving devices. Each device incorporates a master key to generate a diversified key, allowing the transmitting device to encrypt data and protect key values securely. Upon receiving, the receiving device can decrypt data and validate the counter value using the diversified key. This method ensures robust privacy and security during data exchanges.

Career Highlights

Paul Y. Moreton has played a pivotal role in the financial technology sector, particularly at Capital One Services, LLC, and Capital One Financial Corporation. His contributions in these prestigious companies have helped shape secure payment solutions that harness the power of technology to improve user experience and security in financial transactions.

Collaborations

Throughout his career, Moreton has collaborated with several notable professionals in his field, including Jeffrey Rule and Thomas S. Poole. Their combined expertise has driven advancements in payment technologies and enabled innovative solutions to emerge in the competitive landscape of financial services.

Conclusion

In summary, Paul Y. Moreton stands out as a visionary inventor dedicated to advancing payment card security through innovative technologies. With 94 patents to his name, his work continues to influence the way financial transactions are conducted, making them safer and more efficient for consumers and businesses alike.