Benjamin C W Tang

Title: Innovations of Benjamin C W Tang

Introduction

Benjamin C W Tang is an accomplished inventor based in Lexington, MA (US). He has made significant contributions to the field of technology, particularly in the area of credit card transaction processing. His innovative approach has led to the development of a unique patent that enhances the efficiency of financial transactions.

Latest Patents

Benjamin C W Tang holds a patent for an "Interchange code prediction system for processing credit card transactions." This invention is a computer-implemented method that predicts interchange charges by utilizing historical transaction data. The process involves retrieving a set of completed transactions, transforming bank identification numbers (BINs) into features, and training a random forest model to predict interchange codes for new transactions. This innovative system aims to streamline the processing of credit card transactions and improve accuracy in predicting associated charges. He has 1 patent to his name.

Career Highlights

Currently, Benjamin C W Tang is employed at Toast, Inc., where he continues to apply his expertise in technology and innovation. His work at Toast, Inc. focuses on enhancing payment processing systems, contributing to the company's mission of providing seamless financial solutions.

Collaborations

One of his notable coworkers is Alan Z Zhao, with whom he collaborates on various projects within the company. Their combined efforts aim to push the boundaries of technology in the financial sector.

Conclusion

Benjamin C W Tang is a notable inventor whose work in credit card transaction processing has the potential to revolutionize the industry. His innovative patent and contributions to Toast, Inc. highlight his commitment to advancing technology in finance.