Company Filing History:
Years Active: 2020-2023
Title: The Innovative Contributions of Michael Dow
Introduction
Michael Dow is an accomplished inventor based in Austin, TX (US). He has made significant contributions to the field of payment technology, holding a total of 3 patents. His work focuses on enhancing the security and efficiency of merchant transactions, particularly in the realm of e-commerce.
Latest Patents
One of Michael Dow's latest patents is titled "Merchant transaction mirroring for personal point of sale (pPOS) for card present e-commerce and in vehicle transaction." This invention addresses the need for merchants to avoid storing customer Payment Card Industry (PCI) data while still accessing essential customer information for authentication and relationship management. The system allows a pPOS device to create a mirror of the original transaction, ensuring that no sensitive payment data is stored, thereby reducing costs and risks for merchants.
Another notable patent is for a "Personal point of sale (pPOS) device with a local and/or remote payment kernel that provides for card present e-commerce transaction." This invention combines EMV payment specifications with a virtual merchant to create a 'card present' transaction for online merchants. The pPOS device can include various components, such as a secure microcontroller and a user interface, to facilitate secure transactions.
Career Highlights
Michael Dow is currently employed at NXP B.V., where he continues to innovate in the payment technology sector. His work has been instrumental in developing solutions that enhance transaction security and streamline payment processes for merchants.
Collaborations
Throughout his career, Michael has collaborated with talented individuals such as Todd Raymond Nuzum and Melissa A Hunter. These partnerships have contributed to the successful development of his innovative technologies.
Conclusion
Michael Dow's contributions to payment technology demonstrate his commitment to improving merchant transaction processes. His innovative patents reflect a deep understanding of the industry's needs and a dedication to enhancing security and efficiency.