Company Filing History:
Years Active: 2021-2022
Title: Yung-Wen Liu: Innovator in Electronic Transaction Security
Introduction
Yung-Wen Liu is a notable inventor based in Redmond, WA (US), recognized for his contributions to the field of electronic transaction security. With a total of 2 patents, Liu has developed innovative systems and methods that enhance the security and efficiency of electronic transactions.
Latest Patents
Liu's latest patents include "Systems and methods for authenticating an electronic transaction." This invention involves devices and methods designed to secure electronic transactions within a computing network. The system is configured to receive a transaction, access contextual data, and apply authentication decision rules to determine initial assessment information. It further converts this information into a condensed authentication assessment indicator, which is then transmitted for processing.
Another significant patent is "Track bank chargeback sensitivity using disproportional risk level sampling design." This invention relates to a computer device that processes transactions by evaluating customer transaction information to determine a risk score. Based on this score, the device assigns the transaction to different stratums and selects a merchant identifier (MID) accordingly. The transaction information and selected MID are then transmitted to an issuing bank.
Career Highlights
Yung-Wen Liu is currently employed at Microsoft Technology Licensing, LLC, where he continues to innovate in the realm of electronic transactions. His work focuses on enhancing security measures and improving transaction processing systems.
Collaborations
Liu has collaborated with notable colleagues such as Adam Feldman Reinhardt and Jayaram N M Nanduri, contributing to the advancement of technology in his field.
Conclusion
Yung-Wen Liu's innovative work in electronic transaction security has made a significant impact on the industry. His patents reflect a commitment to improving the safety and reliability of electronic transactions, showcasing his expertise and dedication to technological advancement.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.