Company Filing History:
4 out of 1,453 
2 out of 27 
2 out of 5 Years Active: 2007-2018
Title: The Innovative Mind of Matthew C. Hood
Introduction: Matthew C. Hood, located in Wayne, PA, is a notable inventor with a diverse portfolio of innovations, holding a total of eight patents. His work primarily revolves around advanced payment systems, focusing on the integration of transponders and RFID technology to enhance transaction security.
Latest Patents: Among Matthew's latest innovations is a transponder-reader payment system designed to secure transactions. This system incorporates a fob that contains a transponder, along with an RFID reader that interrogates the transponder. The system includes a personalization module that populates both the fob and the RFID reader with identifying information, security keys, and authentication data. During operation, the fob is presented to the RFID reader, which engages in mutual authentication with the fob to complete the transaction securely. Additionally, an activation circuit can control the operation of this payment system, allowing the fob to respond to multiple interrogation signals.
Another significant patent relates to the reload protocol at a transaction processing entity within the transponder-reader payment system. This feature enables the RFID reader to present fob identifying information for transaction requests, which are processed by the fob issuer system. The issuer retrieves values from an associated transaction data file and manages the depletion and replenishment of the data file according to pre-defined protocols.
Career Highlights: Matthew has made significant contributions to the field, having worked for reputable companies such as American Express Travel Related Services Company, Inc. and Xatra Fund Mx, LLC. His experience in these organizations has undoubtedly shaped his innovative capabilities and understanding of transaction systems.
Collaborations: Throughout his career, Matthew has collaborated with talented individuals in the field. Some of his notable coworkers include Michael J. Berardi and David S. Bonalle, who have likely played a role in the innovative projects and ideas that Matthew has pursued.
Conclusion: Matthew C. Hood stands out as a pioneering inventor dedicated to developing secure and efficient payment solutions. With multiple patents to his name, his work continues to influence the landscape of transaction technology. As he moves forward in his career, one can expect more groundbreaking innovations from this accomplished inventor.