Company Filing History:
Years Active: 2020-2025
Title: David J Hicks: Innovator in Transaction Authorization Systems
Introduction
David J Hicks is a notable inventor based in Glen Allen, VA (US). He has made significant contributions to the field of transaction authorization systems, holding a total of 5 patents. His work focuses on enhancing the efficiency and reliability of transaction processing systems.
Latest Patents
One of Hicks' latest patents is centered around automatic transaction processing failover. This innovation involves a transaction processor and an authorization server system. The transaction processor is responsible for obtaining authorization for transaction requests from the authorization server system. It requires that authorization be provided within a specified threshold time; otherwise, the transaction may proceed without authorization. The authorization server system can be hosted on multiple nodes within a distributed system. If the performance of the distributed system degrades, it may affect the authorization server's ability to meet performance thresholds, leading to unapproved transactions. To mitigate this, transaction authorization systems can monitor the health of individual nodes and adjust the routing of authorizations based on current or anticipated performance issues. Additionally, the system can allocate extra resources or reroute authorizations to a different distributed system to prevent performance degradation.
Career Highlights
David J Hicks is currently employed at Capital One Services, LLC, where he applies his expertise in transaction processing technologies. His innovative approaches have contributed to the development of more robust financial systems.
Collaborations
Hicks has collaborated with talented professionals such as Lavangana Govil and Harinath R Nallabolu, further enhancing the impact of his work in the field.
Conclusion
David J Hicks is a prominent inventor whose work in transaction authorization systems has paved the way for advancements in financial technology. His contributions continue to influence the efficiency and reliability of transaction processing systems.