Inventors with similar research interests:
Location History:
- Montclair, NJ (US) (2009 - 2019)
- New York, NY (US) (2019)
Company Filing History:
Years Active: 2009-2019
Areas of Expertise:
Title: Chao M Yuan: A Leader in Transaction Network Innovations
Introduction
Chao M Yuan is a prominent inventor based in Montclair, NJ, known for his significant contributions to the field of transaction networks. With an impressive portfolio of 73 patents, Yuan has developed innovative systems and methods that enhance the operation and efficiency of transaction networks and devices.
Latest Patents
Yuan’s latest patents include groundbreaking technologies such as a system and method for transaction volume determination. This invention focuses on improving the operation of a transaction network by tailoring the handling of transactions based on the business size, which allows for optimized handling speed and fees. Additionally, he has developed a method illustrating that a consumer household's spend capacity increases with the number of consumers within the household. By aggregating the financial data from all consumers, Yuan’s technology provides a more accurate estimation of spend capacity, which is crucial for transaction services.
Career Highlights
Chao M Yuan currently works at American Express Travel Related Services Company, Inc., where he applies his expertise to enhance service offerings in the realm of transaction processing. His extensive experience and innovative mindset have allowed him to lead the development of various technologies that streamline financial transactions for businesses and consumers alike.
Collaborations
During his career, Yuan has collaborated with numerous talented individuals, including coworkers Kathleen Haggerty and Benedict O Okoh. These partnerships have fostered a creative environment that facilitates the exchange of ideas and solutions, further driving innovation in transaction networks.
Conclusion
Chao M Yuan’s contributions to the field of transaction network innovations are significant and impactful. With 73 patents to his name and a commitment to advancing technology within the financial sector, Yuan continues to play a crucial role in shaping the future of transaction services, making them more efficient and consumer-friendly.
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