This inventor holds 3 USPTO granted patents and 1 published patent application, plus 1 CIPO patent. Top assignee: Square, Inc.. Active years: 2018-2020.
Company Filing History:
Years Active: 2018-2020
Title: Innovations by Shane Hamilton in Payment Technology
Introduction
Shane Hamilton is an accomplished inventor based in El Cerrito, CA (US). He has made significant contributions to the field of payment technology, holding a total of 3 patents. His work focuses on enhancing the security and efficiency of portable payment systems.
Latest Patents
Shane's latest patents include innovative methods for fraud detection in portable payment readers. One of his patents describes a system where a payment reader and a POS terminal communicate over a wireless connection. This system includes a server that determines whether the payment card reader is associated with the POS terminal or a payment application. If the payment card reader is not associated, the server assesses the probability of the request being fraudulent. Another patent outlines a method that uses the original state of the payment reader to establish a behavioral model, which defines expected behavior. The system detects changes in the original state triggered by unauthorized payment entities and compares these changes against a threshold deviation. If the changes exceed the threshold, the system takes actions to revert the payment entity to its original state.
Career Highlights
Shane Hamilton is currently employed at Square, Inc., where he continues to innovate in the payment technology sector. His work has been instrumental in developing secure payment solutions that protect both merchants and consumers.
Collaborations
Shane collaborates with talented individuals such as Andrew John Leiserson and Todd A Aument, contributing to a dynamic team focused on advancing payment technologies.
Conclusion
Shane Hamilton's contributions to payment technology through his patents demonstrate his commitment to enhancing security in financial transactions. His innovative approaches are paving the way for safer and more efficient payment systems.