Michael Clay Atkins

Title: Michael Clay Atkins: Innovator in Transaction Processing

Introduction

Michael Clay Atkins is a notable inventor based in Columbia, MO (US). He has made significant contributions to the field of transaction processing, holding a total of five patents. His work primarily focuses on enhancing the efficiency and security of payment systems.

Latest Patents

One of his latest patents is titled "Transaction Control." This invention describes a method for choosing and authorizing transactions with a payment device used by a purchaser under the authority of an owner. An analytics engine receives an identifier for a good or service from the purchaser and uses this identifier to identify providers of the good or service, subsequently providing a set of provider recommendations to the owner. The issuer server then receives approval from the owner for one of the recommendations and determines purchase parameters. The transaction is authorized only if the purchase parameters match those of the provider recommendation.

Another significant patent is "Systems and Methods for Throttling Transaction Processing Based on Constrained Sub-Systems." This computer-based method involves throttling payment card transaction processing using a computer device with a processor and memory. The method includes identifying a first threshold level and transmitting a first plurality of transaction requests to a sub-processing system. The processor computes the average response time for processing these requests and identifies failure candidates based on this average response time and the threshold level.

Career Highlights

Michael Clay Atkins is currently employed at Mastercard International Incorporated, where he continues to innovate in the field of payment processing. His work has been instrumental in developing systems that enhance transaction security and efficiency.

Collaborations

Throughout his career, Atkins has collaborated with notable colleagues, including Garry Lyons and David Colby Brown. These collaborations have contributed to the advancement of technology in transaction processing.

Conclusion

Michael Clay Atkins is a prominent inventor whose work in transaction processing has led to significant advancements in the industry. His innovative patents reflect his commitment to improving payment systems and enhancing user experience.