Mark F Bower

Title: Mark F Bower: Innovator in Payment Card Processing Technology

Introduction

Mark F Bower is a notable inventor based in Sausalito, CA (US). He has made significant contributions to the field of payment card processing systems. His innovative approach focuses on enhancing security through advanced encryption techniques.

Latest Patents

Mark F Bower holds a patent for a "Payment card processing system with structure preserving encryption." This invention allows customers to provide their primary account number information securely during purchase transactions. The merchant sends an authorization request to a payment card processor, which generates a token corresponding to the primary account number. The token is then encrypted using a cryptographic key shared with the merchant, ensuring that sensitive information remains protected. A structure preserving encryption algorithm is utilized, embedding a processor identifier in the encrypted token. This allows the merchant to decrypt the token and settle transactions securely.

Career Highlights

Mark F Bower is associated with Entit Software LLC, where he applies his expertise in payment processing technologies. His work focuses on developing secure systems that enhance the efficiency and safety of financial transactions.

Collaborations

Some of his notable coworkers include Matthew J Pauker and Terence Spies, who contribute to the innovative environment at Entit Software LLC.

Conclusion

Mark F Bower's contributions to payment card processing technology exemplify his commitment to innovation and security in financial transactions. His patent reflects a significant advancement in protecting sensitive information, showcasing his role as a leading inventor in this field.