Company Filing History:
Years Active: 2013-2018
Title: The Innovative Mind of Lester S. Maragh
Introduction
Lester S. Maragh is a notable inventor based in Palm Harbor, FL (US). He has made significant contributions to the field of dynamic currency conversion, holding a total of three patents. His work has paved the way for advancements in financial technology, particularly in enhancing the user experience for cardholders during foreign currency transactions.
Latest Patents
One of Lester's latest patents is a dynamic currency conversion system and method. This innovative system includes a bank identifier system that determines whether currency conversion is available for a card-issuing bank of a presented card. It compares a bank identifier from the card with a list of participating banks. Additionally, an exchange rate system checks whether an exchange rate has expired, ensuring that cardholders are presented with the option to select a foreign currency transaction only when it is available and relevant.
Career Highlights
Lester S. Maragh is currently employed at Paymentech, LLC, where he continues to develop and refine his innovative ideas. His work in the financial technology sector has been instrumental in improving the efficiency and effectiveness of currency conversion processes for consumers.
Collaborations
Lester has collaborated with several talented individuals in his field, including Michael Kerrick Nicholls and Joan DeTemple. These partnerships have contributed to the successful development of his patents and innovations.
Conclusion
Lester S. Maragh's contributions to dynamic currency conversion highlight his innovative spirit and dedication to improving financial technology. His patents reflect a commitment to enhancing user experience and efficiency in currency transactions.