Company Filing History:
Years Active: 2007
Title: Louis Pizzo: Innovator in Credit Authorization Systems
Introduction
Louis Pizzo is a notable inventor based in Larchmont, NY (US). He has made significant contributions to the field of credit authorization through his innovative patent. His work is particularly relevant in the context of financial transactions and member exchanges.
Latest Patents
Louis Pizzo holds a patent for a "Method and system for credit authorization in a member exchange." This patent describes a system where an exchange member establishes a threshold credit value for transactions initiated by non-member institutions. The credit authorization service acts as a surrogate for exchange members, ensuring that transactions are processed efficiently and securely. The system compares transactions against a pre-established threshold value, allowing for effective risk management in financial exchanges.
Career Highlights
Pizzo is associated with the New York Stock Exchange, where he applies his expertise in financial technologies. His role at the exchange allows him to influence the development of systems that enhance transaction security and efficiency. His innovative approach has contributed to the evolution of credit authorization processes within the financial sector.
Collaborations
Some of Louis Pizzo's coworkers include Catherine R. Kinney and Ann E. Fitzgibbons. Their collaboration in the financial technology space has likely fostered an environment of innovation and development.
Conclusion
Louis Pizzo's contributions to credit authorization systems exemplify the impact of innovation in the financial industry. His patent reflects a commitment to enhancing transaction security and efficiency, marking him as a significant figure in the realm of financial technologies.