Company Filing History:
Years Active: 2010-2015
Title: Jack Fleishman: Innovator in Online Payment Systems
Introduction
Jack Fleishman is a notable inventor based in Vaughan, Canada. He has made significant contributions to the field of online payment systems, holding 2 patents that showcase his innovative approach to financial technology.
Latest Patents
Fleishman's latest patent is an "Online payment transfer and identity management system and method." This invention provides a comprehensive payment transfer method for transferring funds from a payer to a payee. The process includes designating a payee, specifying a payment amount, and debiting funds from the payer's account. The funds are credited to a first trust account, and the payee is identified by verifying responses to challenge-response questions defined by the payer. If the responses are verified, a second trust account may be debited, and the payee account credited with the payment amount. The first and second trust accounts can then be reconciled. Additionally, the invention includes a payment transfer facility that comprises an application server for storing payment data and a notification server for providing transfer notifications.
Career Highlights
Jack Fleishman is currently employed at Acxsys Corporation, where he continues to develop innovative solutions in the payment processing industry. His work has significantly impacted how online transactions are conducted, enhancing security and efficiency.
Collaborations
Fleishman collaborates with his coworker, Zack Fuerstenberg, to further advance their projects and innovations in the field of online payment systems.
Conclusion
Jack Fleishman's contributions to online payment technology demonstrate his commitment to innovation and security in financial transactions. His patents reflect a deep understanding of the complexities involved in payment processing, making him a key figure in this evolving industry.