Hachadur Hashasian

Title: Hachadur Hashasian: Innovator in Multi-Currency Escrow Services

Introduction

Hachadur Hashasian is a notable inventor based in Cliffside Park, NJ (US). He has made significant contributions to the field of web-based financial transactions, particularly in the area of multi-currency escrow services. With a total of 2 patents to his name, Hashasian's work is paving the way for more efficient and secure online transactions.

Latest Patents

Hashasian's latest patents focus on a method and system for multi-currency escrow services for web-based transactions. This innovative system is web-accessible and allows registrations from exchanges and portal partners. It enables entitled users to complete registrations and transactions via the web. The system features an internal banking engine that acts as a deal manager, messaging service, and accounts sub-ledger, effectively escrowing funds entrusted to it. The transaction process includes various statuses, with reporting accomplished online and through web queries. The system supports multiple payment methods, including credit cards, authorized Automated Clearing House (ACH) transactions, and wire transfers, ensuring that all fund movements are electronic. Additionally, it provides transaction-level detail through its banking engine accounts, facilitating funds movements and escrow services.

Career Highlights

Hachadur Hashasian is currently employed at Citibank, N.A., where he continues to develop innovative solutions in the financial technology sector. His expertise in multi-currency transactions has positioned him as a key player in enhancing the efficiency of online financial services.

Collaborations

Throughout his career, Hashasian has collaborated with notable colleagues, including Alan Cole and Deborah Bennett. These partnerships have contributed to the development and refinement of his innovative escrow systems.

Conclusion

Hachadur Hashasian's contributions to the field of multi-currency escrow services are noteworthy and impactful. His patents reflect a commitment to improving the security and efficiency of web-based transactions. As he continues to innovate at Citibank, his work will likely influence the future of online financial services.