Howard Caven

Title: The Innovations of Howard Caven

Introduction

Howard Caven is an accomplished inventor based in Pearland, Texas. He has made significant contributions to the field of financial technology, particularly in the area of prepaid financial transactions. His innovative approach has led to the development of a unique patent that enhances the efficiency of point-of-sale devices.

Latest Patents

Caven holds a patent for a system and method for processing prepaid financial transactions. This patent, titled "Pre-paid activation and replenishment on a point-of-sale device," outlines a process where one or more remote terminals acquire transaction information from users and transmit a signal indicative of this information. The system is designed to receive authorizing information, which is then delivered back to the user. The authorizing host plays a crucial role by routing the transaction information to an exchange host for approval, ensuring a seamless transaction experience.

Career Highlights

Howard Caven is currently employed at First Data Corporation, a leading provider of payment technology and services. His work at the company has allowed him to apply his innovative ideas in a practical setting, contributing to advancements in financial transaction processing.

Collaborations

Caven has collaborated with notable coworkers, including Matthew Charles Peterson and Diane Blankstrom. These partnerships have fostered a creative environment that encourages the development of new ideas and solutions in the financial technology sector.

Conclusion

Howard Caven's contributions to the field of prepaid financial transactions exemplify the impact of innovation in technology. His patent and work at First Data Corporation highlight his commitment to enhancing the efficiency of financial processes.