Marcus Nicholas Cudina

Title: Innovations by Marcus Nicholas Cudina

Introduction

Marcus Nicholas Cudina is an accomplished inventor based in Upper Saddle River, NJ (US). He holds two patents that focus on facilitating payments for computerized transactions. His work has significantly contributed to the evolution of electronic payment systems.

Latest Patents

Cudina's latest patents include a method for facilitating payment of a computerized transaction. This method allows for the transfer of payment between a buyer and a seller using a computer network, such as the Internet. The process involves communicating transaction data from the seller's computing station to an agent computing system. This data identifies the buyer, seller, and transaction amount. The agent system then provides transaction information to the buyer, including a confirmation number and total price in the buyer's local currency. Additionally, the method ensures that actual payments are received at various agent locations, allowing sellers to begin shipping items promptly. Another patent focuses on systems and methods for facilitating electronic payments, which includes a money transfer system that assigns unique transaction numbers and communicates payment notifications to the seller's computer system.

Career Highlights

Cudina has worked with notable companies such as The Western Union Company and Western Union Financial Services, Inc. His experience in these organizations has provided him with valuable insights into the financial technology sector.

Collaborations

Cudina has collaborated with professionals like Humberto C Portillo and Stefan Ianta, contributing to the development of innovative payment solutions.

Conclusion

Marcus Nicholas Cudina's contributions to the field of electronic payments demonstrate his commitment to innovation and technology. His patents reflect a deep understanding of the complexities involved in computerized transactions.