Kurt Andrew Mangold

Title: Kurt Andrew Mangold: Innovator in Secure Electronic Payment Processing

Introduction

Kurt Andrew Mangold is a notable inventor based in Rochester, NY (US). He has made significant contributions to the field of electronic payment processing. His innovative approach focuses on enhancing the security and efficiency of electronic transactions.

Latest Patents

Kurt holds a patent for a "Trusted secure electronic payment processing platform." This invention involves a system and method for producing and processing electronic transactions, including electronic checks, in a secure manner. The process begins with receiving enrollment information from a payor, followed by providing a secure portal to authenticate electronic payment instructions. Upon receiving payment instructions, the system assesses the risk associated with the payment. If the funding is positively assessed, the system composites images of the front and back of the check and performs an endorsement. It then creates electronic images of the printed check and anonymizes select data before executing an electronic deposit to the payee.

Career Highlights

Kurt is currently employed at Deluxe Corporation, where he continues to develop innovative solutions in the payment processing sector. His work has been instrumental in advancing secure electronic transactions.

Collaborations

Kurt collaborates with Christopher Wade Clausen, contributing to the development of secure payment technologies.

Conclusion

Kurt Andrew Mangold's contributions to secure electronic payment processing highlight his role as an innovator in the field. His patent reflects a commitment to enhancing transaction security and efficiency.