Company Filing History:
Years Active: 1998-2004
Title: James E Rouen: Innovator in Online Transactional Services
Introduction
James E Rouen is a notable inventor based in New York, NY (US). He has made significant contributions to the field of online transactional services, particularly through his innovative patent work. With a total of 2 patents, Rouen has developed systems that enhance the efficiency and security of online transactions.
Latest Patents
One of his latest patents is a system and method for a risk-based purchase of goods. This invention provides a framework for enabling online transactional services among sellers and buyers who have no previous relationship with each other. The system includes a financial clearinghouse that receives requests for goods or services from buyers and makes real-time determinations of the buyer's risk classification using an online repository of credit information. The financial clearinghouse also determines a risk-based discount fee based on the buyer's risk classification to establish a payment amount to the seller. If the transaction is authorized, the clearinghouse transmits the payment amount to the seller and sends an invoice to the buyer for the purchase price. Additionally, the system can include a broker that facilitates online order acceptance and processing between buyers and sellers.
Career Highlights
James E Rouen is currently employed at Citibank, N.A., where he applies his expertise in financial technologies. His work focuses on improving transactional processes and enhancing customer experiences in the banking sector.
Collaborations
Throughout his career, Rouen has collaborated with notable colleagues, including Maria M Mandler and Ann P McLaughlin. These partnerships have contributed to the development of innovative solutions in the financial services industry.
Conclusion
James E Rouen is a distinguished inventor whose work in online transactional services has paved the way for more secure and efficient financial transactions. His contributions continue to impact the industry positively.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.