Company Filing History:
Years Active: 2018-2024
Title: Anish Bhatt: Innovator in Financial Technology
Introduction
Anish Bhatt is a notable inventor based in San Francisco, CA, who has made significant contributions to the field of financial technology. With a focus on enhancing payment systems, he holds 3 patents that showcase his innovative approach to solving complex financial challenges.
Latest Patents
One of Anish Bhatt's latest patents is titled "Bill payment using direct funds transfer." This invention outlines systems and methods that enable a payer with an account at a financial institution to send payments directly to a payee. The process involves submitting the payee's identifier through a financial application, allowing for instantaneous fund transfers from a third-party payment service to the payee's account. The system efficiently processes payment requests through communication between the financial institution's computer system, a mobile application, and the payment service.
Another significant patent is "Fund withholding for payroll payments." This invention describes a service provider's ability to offer payroll and payment processing services to businesses. With employer authorization, the service provider can withhold a percentage of sales revenue to cover payroll payments. This innovative approach allows for flexibility in managing payroll obligations, including making advance payments and deducting amounts from daily sales revenue.
Career Highlights
Anish Bhatt has worked with prominent companies in the financial technology sector, including Square, Inc. and Block, Inc. His experience in these organizations has allowed him to develop and refine his innovative ideas, contributing to advancements in payment processing and financial services.
Collaborations
Throughout his career, Anish has collaborated with talented individuals such as Charles Kimble and Amir Nathoo. These partnerships have fostered a creative environment that encourages the development of groundbreaking financial solutions.
Conclusion
Anish Bhatt's contributions to financial technology through his patents and career experiences highlight his role as an innovator in the industry. His work continues to influence the way payments are processed, making financial transactions more efficient and accessible.