Company Filing History:
Years Active: 2021-2024
Title: Innovations by Eugene Reda
Introduction
Eugene Reda is a notable inventor based in Little Falls, NJ (US), recognized for his contributions to technology and payment systems. With a total of 8 patents to his name, Reda has made significant strides in enhancing user experience and safety in financial transactions.
Latest Patents
One of Reda's latest patents is a system, method, and device for detecting that a user is intoxicated when processing payment card transactions. This innovative method utilizes a user device equipped with a behavior detection application that can assess whether a user is intoxicated based on motion sensing hardware and application-level data. If the device detects impairment, the payment card system can deny the transaction, while sober users may receive incentives for certain transactions. Another recent patent involves a missing entity alert and retrieval system. This system allows any point of sale (POS) terminal to assist in locating a missing entity by sending alerts to designated contacts based on merchant information.
Career Highlights
Eugene Reda is currently employed at Mastercard International Incorporated, where he continues to develop innovative solutions that enhance payment security and user interaction. His work focuses on integrating technology with user behavior to create safer transaction environments.
Collaborations
Reda has collaborated with notable colleagues such as Marek Kurylko and Joseph Damon Hayes, contributing to the advancement of payment technologies and systems.
Conclusion
Eugene Reda's innovative patents and contributions to Mastercard International Incorporated highlight his commitment to improving payment systems and user safety. His work continues to influence the landscape of financial technology.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.