Herbert M Fellman

Title: Herbert M Fellman: Innovator in Transaction Fee Decisioning

Introduction

Herbert M Fellman is a notable inventor based in Charlotte, NC (US). He has made significant contributions to the field of transaction processing through his innovative patent. His work focuses on enhancing customer experience at the point of sale by providing critical information regarding transaction fees.

Latest Patents

Herbert M Fellman holds a patent for an invention titled "Interactive interchange rate decisioning - Apparatus and methods for providing transaction fee information to a customer." This invention allows customers at a merchant point of sale terminal to receive information about transaction fees associated with their credit cards or other purchasing instruments. The system enables customers to make informed decisions about whether to proceed with a transaction based on the fees presented.

Career Highlights

Fellman is currently associated with Bank of America Corporation, where he applies his expertise in transaction processing and customer service. His innovative approach has the potential to transform how customers interact with payment systems, making financial transactions more transparent and user-friendly.

Collaborations

Herbert has worked alongside talented colleagues such as Joseph A Giordano and Elbert Lee Whitler. Their collaborative efforts contribute to the advancement of technology in the banking sector.

Conclusion

Herbert M Fellman's contributions to transaction fee decisioning represent a significant advancement in the financial technology landscape. His innovative patent not only enhances customer awareness but also improves the overall transaction experience.