Company Filing History:
Years Active: 2004-2012
Title: The Innovative Mind of Walter W. Lee
Introduction
Walter W. Lee is a distinguished inventor based in La Mesa, California. With a remarkable portfolio of five patents, Lee has made significant contributions to the field of technology and online transaction processing. His latest innovations focus on enhancing user interactions and improving security measures in e-commerce environments.
Latest Patents
One of Walter W. Lee's prominent inventions is related to score-based decisioning. This invention assists entities operating on the Internet or other networks in selectively requesting additional data from users seeking interactions. It enables organizations to determine the optimal timing and method for gathering further information, effectively minimizing the risk of adverse reactions, such as users terminating their interactions.
Additionally, Lee's invention addresses the identification and management of fraudulent credit and debit card transactions at merchant e-commerce sites. This technology evaluates the likelihood of online transaction fraud, taking into account unreliable fields within transaction orders. By employing a scoring server that utilizes statistical models and multiple profiles, this innovation helps merchants identify purchasers more accurately, thus enhancing transaction security.
Career Highlights
Walter W. Lee has had an impactful career, with notable experience at Fair Isaac Corporation and Fair Issac Corporation. His work in these organizations has facilitated advancements in transaction processing and fraud detection technologies, contributing to safer online purchasing experiences for consumers and merchants alike.
Collaborations
Throughout his career, Lee has collaborated with several remarkable professionals in the field. Notable coworkers include Wesley Kenneth Wilhelm and Joseph P. Milana, who have likely shared insights and expertise in the development of innovative solutions.
Conclusion
Walter W. Lee exemplifies the spirit of innovation and dedication to enhancing online transaction security. His latest patents not only provide practical solutions for merchants but also reflect a deep understanding of user experience and fraud prevention. As technology continues to evolve, Lee’s contributions will surely remain influential in shaping the future of e-commerce and secure transactions.