Company Filing History:
Years Active: 2023-2024
Title: Innovator Spotlight: Daniel Bae
Introduction
Daniel Bae, a noted inventor based in Greenwich, CT, has made significant contributions to the field of payment technologies. With a total of two patents to his name, his innovative ideas are paving the way for advancements in transaction processing and data management.
Latest Patents
Daniel Bae's latest patents focus on facilitating invoice data, payment credit transfers, real-time package tracking, and account-to-account payments on delivery. One of his innovative methods involves receiving invoice data when a distributor presents an invoice to a recipient at a delivery location. The recipient has the ability to modify and accept the invoice, after which a request for payment (RFP) message is generated and transmitted to the recipient’s financial institution via the distributor's bank. Furthermore, the process secures a payment confirmation based on real-time transactions, generating reconciliation data that is then sent to both the distributor's and recipient's computing devices. This patent exemplifies the seamless integration of invoicing and payment systems in modern commerce.
Career Highlights
Daniel Bae is currently employed at Mastercard International Incorporated, where he continues to innovate and expand the capabilities of digital transactions. His role in the company emphasizes the importance of innovative solutions in enhancing the efficiency and security of financial processes.
Collaborations
Throughout his career, Daniel has collaborated with numerous professionals in the field. Notable coworkers include Viviane Sabat and Andrea Christine Gilman, who contribute valuable expertise and insight to the cutting-edge projects within Mastercard. Their combined efforts help to drive the advancement of payment technologies, reinforcing the industry's future.
Conclusion
Daniel Bae is a remarkable inventor whose work is revolutionizing the way transactions are processed. With his latest patents, he is not only demonstrating ingenuity but also setting the standard for future innovations in payment technologies. As companies like Mastercard continue to thrive on collaboration and creativity, Daniel's contributions will undoubtedly leave a lasting impact on the financial sector.