Location History:
- Snoqualine, WA (US) (2009)
- Middleton, DE (US) (2010 - 2011)
- Newark, DE (US) (2010 - 2012)
- Middletown, DE (US) (2006 - 2021)
Company Filing History:
Years Active: 2006-2021
Title: The Innovative Mind of Mark Robert Sheehan
Introduction
Mark Robert Sheehan, an accomplished inventor based in Snoqualmie, Washington, has made significant contributions to technology through his inventions. With a total of 13 patents to his name, his work primarily focuses on enhancing financial transaction systems. His latest patents showcase his commitment to innovation in the digital economy.
Latest Patents
One of Mark Robert Sheehan's most notable inventions is a "System and method for processing microtransactions." This patent outlines various techniques for efficiently processing microtransactions, which are categorized by purchase prices below a predetermined monetary threshold. The method begins with a customer initiating a purchase through a merchant, linking the transaction to specific purchase information. Notably, the customer utilizes a transaction account obtained through a payment enabler. Once classified, the purchase information is processed appropriately to facilitate the completion of transactions, either as regular transactions or microtransactions. This invention reflects Mark's dedication to improving the customer experience in online transactions.
Career Highlights
Currently, Mark is employed at JPMorgan Chase Bank, N.A., where he leverages his expertise to further develop financial technologies. His role at such a leading financial institution highlights the competitive edge his patented innovations provide in processing transactions.
Collaborations
Throughout his career, Mark has collaborated with talented individuals, including colleagues William S. Wallace and Lee Knackstedt. These partnerships have allowed him to refine his ideas and bring numerous innovations to fruition.
Conclusion
Mark Robert Sheehan stands as a notable figure in the realm of innovation, particularly in the field of digital transactions. With multiple patents and an impressive career at JPMorgan Chase Bank, he continues to push the boundaries of technology, enhancing the way we conduct business in an increasingly digital world. His contributions hold significant promise for the future of microtransactions and the financial industry at large.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.