This inventor holds 2 USPTO granted patents and 1 published patent application. Top assignees: First Data Corporation, Visa U.s.a. Inc.. Active years: 2001-2010.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2001-2010
Title: Scott J Loftesness: Innovator in Payment Systems and Identity Theft Prevention
Introduction
Scott J Loftesness is a notable inventor based in Menlo Park, CA. He has made significant contributions to the fields of payment systems and identity theft prevention. With a total of 2 patents, his work has had a lasting impact on consumer protection and financial transactions.
Latest Patents
Loftesness's latest patents include a "Method and apparatus for identity theft prevention." This innovative system issues a credit card or other credit instrument to a user by first obtaining authorization and authentication from the user. Another significant patent is the "System and method for a targeted payment system discount program." This system utilizes consumer information from payment system institutions to match qualified consumers with targeted merchant discount offers. The offers are automatically prioritized based on their expected value to consumers, ensuring that they receive the highest priority offers for which they qualify. Discounts are applied seamlessly during the processing of qualifying purchases, eliminating the need for coupons or additional actions from either the merchant or consumer.
Career Highlights
Throughout his career, Loftesness has worked with prominent companies such as Visa U.S.A. Inc. and First Data Corporation. His experience in these organizations has allowed him to develop and refine his innovative ideas in payment systems and consumer protection.
Collaborations
Loftesness has collaborated with notable professionals in the industry, including Roger L Peirce and Mary K Dobbs. These collaborations have contributed to the advancement of his projects and the successful implementation of his inventions.
Conclusion
Scott J Loftesness is a distinguished inventor whose work in payment systems and identity theft prevention has made a significant impact on consumer safety and financial transactions. His innovative patents and career achievements highlight his dedication to improving the financial landscape.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile