Carl Stefanelli

Title: The Innovative Contributions of Carl Stefanelli

Introduction

Carl Stefanelli is a notable inventor based in Paramus, NJ (US). He has made significant contributions to the field of financial technology through his innovative patent. His work focuses on enhancing the efficiency and security of financial transactions.

Latest Patents

Carl Stefanelli holds a patent titled "Methods and systems for using an interface and protocol extensions to perform a financial transaction." This patent describes a method for communicating financial transaction data between multiple computer devices using an interface module and an enhanced protocol. The process begins when a cardholder initiates a transaction at an input terminal using a transaction card. The method involves receiving initial identification data from a merchant computer, generating a verification enrollment request message, and receiving a verification enrollment response message that confirms the merchant's enrollment in an express checkout program.

Career Highlights

Carl Stefanelli is currently employed at Mastercard International Incorporated, where he applies his expertise in financial technology. His work at Mastercard has allowed him to contribute to the development of secure and efficient payment systems. His innovative approach has positioned him as a valuable asset in the industry.

Collaborations

Carl has collaborated with various professionals in his field, including his coworker Mark Wiesman. Their combined efforts have led to advancements in financial transaction technologies.

Conclusion

Carl Stefanelli's contributions to financial technology through his patent and work at Mastercard highlight his role as an influential inventor. His innovative methods for enhancing financial transactions demonstrate the importance of continuous improvement in this vital sector.