Edward J Hogan

Title: The Innovative Contributions of Edward J Hogan

Introduction

Edward J Hogan is a notable inventor based in Larchmont, NY (US). He has made significant contributions to the field of secure financial transactions, holding a total of 12 patents. His work primarily focuses on enhancing the security and efficiency of payment systems.

Latest Patents

Among his latest patents is a groundbreaking method and system for secure payments over a computer network. This innovative approach allows purchasers to conduct financial transactions without transmitting their actual payment card information. Instead, it utilizes secure payment application software to transmit a pseudo account number, which is cryptographically processed to respond to authorization requests based on the real account number. Another notable patent is the financial transaction card with an installment loan feature. This invention provides a payment method and system for processing transactions using a financial transaction card that is linked to a financial account. The system includes a processing unit and an application program that determines whether a transaction activates an installment loan based on specific transaction criteria.

Career Highlights

Edward J Hogan is currently employed at Mastercard International Incorporated, where he continues to innovate in the financial technology sector. His work has been instrumental in developing secure payment solutions that benefit consumers and businesses alike.

Collaborations

Throughout his career, Hogan has collaborated with esteemed colleagues, including Carl M Campbell and Arthur D Kranzley. These partnerships have fostered a creative environment that has led to the development of cutting-edge financial technologies.

Conclusion

Edward J Hogan's contributions to secure payment systems exemplify the importance of innovation in the financial sector. His patents not only enhance transaction security but also pave the way for future advancements in payment technology.