Location History:
- Roswell, CO (US) (2006)
- Roswell, GA (US) (2004 - 2013)
Company Filing History:
6 out of 568 
5 out of 287 
1 out of 1 Years Active: 2004-2013
Title: Innovations of Henry M Abelman
Introduction
Henry M Abelman is a notable inventor based in Roswell, Georgia. He has made significant contributions to the field of online money transfer systems, holding a total of 10 patents. His work focuses on automating payment processing, which has implications for various financial transactions.
Latest Patents
Among his latest patents is the invention titled "Stored Value Payouts." This invention outlines a method for automatically processing incoming payments for a payee using an online money transfer system. The process begins with the receipt of information related to the processing of one or more payments associated with the payee. Once the incoming payment is received, a default repository for the payment is determined. The system then decides whether to transfer part of the payment away from the default repository or to escrow a portion of it for the benefit of a predetermined party.
Another significant patent is "Automated Transfer with Stored Value." This invention describes a method for automatically transferring incoming payments to a handler. The process starts with the receipt of an incoming payment associated with a payee. A first predetermined rule is applied to the payment, followed by a determination of whether a second predetermined rule also applies. The second rule is then applied based on the previous determination.
Career Highlights
Henry M Abelman has worked with prominent companies in the financial sector, including First Data Corporation and The Western Union Company. His experience in these organizations has contributed to his expertise in payment processing technologies.
Collaborations
Throughout his career, Abelman has collaborated with notable individuals such as Kenneth Algiene and Peter Michael Karas. These collaborations have likely enriched his work and led to innovative solutions in the field.
Conclusion
Henry M Abelman is a distinguished inventor whose work in online payment processing has led to multiple patents. His contributions continue to influence the financial technology landscape, showcasing the importance of innovation in this sector.