Mary Katherine Bowman

Title: Innovations by Mary Katherine Bowman

Introduction

Mary Katherine Bowman is an accomplished inventor based in Seattle, WA. She has made significant contributions to the field of payment technologies, holding 2 patents that showcase her innovative spirit and technical expertise.

Latest Patents

One of her latest patents is titled "Paying non-settlement transactions." This invention focuses on the payment of non-settlement currencies and involves developing a non-settlement currency exchange that operates independently of financial institutions that are hesitant to assume risks in currency conversion. The exchange includes a predictive model to provide estimated currency exchange rates. Additionally, it offers schemes where merchants can share currency exchange profits and losses with financial institutions. The exchange rate can be utilized in subsequent financial transactions, such as refunds and chargebacks.

Another notable patent is "Coupling prepaid debit cards to online stored-value accounts." This technology allows the value in an online stored-value account to be accessed through a prepaid debit card. A payment services provider can offer general-purpose reloadable (GPR) cards that are co-managed with a traditional prepaid program manager. The integration between the payment services provider's system and the program manager's system ensures that the balance of the online stored-value account can be used for purchases made with the GPR card.

Career Highlights

Mary Katherine Bowman is currently employed at Amazon Technologies, Inc., where she continues to innovate and develop new technologies in the payment sector. Her work has had a significant impact on how transactions are processed and managed in the digital age.

Collaborations

Throughout her career, Mary has collaborated with talented individuals such as Rohit Jain and Richard D Hunt. These partnerships have contributed to her success and the advancement of her projects.

Conclusion

Mary Katherine Bowman is a pioneering inventor whose work in payment technologies has led to innovative solutions that enhance financial transactions. Her contributions are shaping the future of how we interact with currency and payment systems.