This inventor holds 4 USPTO granted patents and 1 published patent application. Top assignees: Citizens Financial Group, Inc., Other. Active years: 2008-2013.
Company Filing History:
2 out of 17 
2 out of 834,411 Years Active: 2008-2013
Title: **Luther C. Abel: Innovator of Consumer Control in Card Transactions**
Introduction
Luther C. Abel, an accomplished inventor based in San Jose, California, has made significant contributions to the field of financial technology. With a total of four patents to his name, Abel has focused on creating innovative solutions that empower consumers in managing their card-based transactions.
Latest Patents
Luther Abel's most recent patent is titled "System and method for consumer control over card-based transactions." This invention outlines a comprehensive system that connects merchants, their banks, and the banks that hold consumers' accounts. The interface acts as an intermediary designed for direct consumer access, allowing individuals to implement various controls on their card-based transactions. The innovation provides outstanding flexibility by enabling multiple transaction cards to be linked to a single credit account, each with distinct credit limits. Consumers can restrict certain cards for specific merchants and link various credit and debit accounts to a single card, enhancing control over financial transactions. This user-friendly interface can be accessed via a website or telephone, making it easier for consumers to make real-time changes to their accounts and receive essential information.
Career Highlights
Throughout his career, Luther Abel has worked for notable organizations including Citizens Financial Group, Inc. These experiences have allowed him to develop a deep understanding of consumer needs within transaction systems, which he has effectively translated into his innovative patent designs.
Collaborations
In his inventive journey, Luther Abel collaborated with Robert E. Cousins, which is indicative of the collaborative spirit that fuels innovation in the financial technology sector. Together, they have worked towards creating solutions that prioritize user control and security.
Conclusion
Luther C. Abel stands out as a prominent inventor in the realm of consumer financial tools, with his patents paving the way for greater autonomy and security in card-based transactions. His work serves as a testament to the importance of innovation in enhancing consumer experiences in managing financial initiatives. As the landscape of financial technology continues to evolve, Abel's contributions are sure to have a lasting impact.