Company Filing History:
Years Active: 2000
Title: Douglas Kirschner: Innovator in Discount Credit Transaction Networks
Introduction
Douglas Kirschner is an accomplished inventor based in Chicago, IL. He has made significant contributions to the field of financial technology, particularly in the area of discount credit transactions. His innovative approach has led to the development of a unique system that enhances the efficiency of credit-based transactions.
Latest Patents
Kirschner holds a patent for a "System and method for providing a discount credit transaction network." This invention outlines a comprehensive system that allows participants holding transaction card accounts to receive discounts during credit-based transactions. The system includes a discount credit network that assigns membership numbers to participants, which are linked to their transaction card accounts. The discount authorization processor plays a crucial role in this system by processing discount requests from merchants and correlating them with the appropriate transaction card accounts.
Career Highlights
Douglas Kirschner is currently associated with Shc Direct, L.L.C., where he continues to innovate in the financial technology sector. His work focuses on creating systems that streamline transaction processes and provide added value to consumers. With a patent portfolio that includes his groundbreaking discount credit transaction network, Kirschner has established himself as a key player in the industry.
Collaborations
Throughout his career, Kirschner has collaborated with notable professionals, including Jeffrey Alan Harris and James Purdy. These partnerships have contributed to the development and refinement of his innovative ideas, further enhancing the impact of his work in the field.
Conclusion
Douglas Kirschner's contributions to the financial technology landscape, particularly through his patented discount credit transaction network, demonstrate his commitment to innovation. His work not only benefits consumers but also sets a precedent for future advancements in transaction processing systems.