Arvada, CO, United States of America

Michael J Michelsen

This inventor holds 23 USPTO granted patents and 6 published patent applications, primarily in Financial Transaction Systems. Top assignees: The Western Union Company, First Date Corporation. Active years: 2007-2023.

IDiyas Innovation Intelligence. (2026). Inventor Profile: Michael J Michelsen. Retrieved from https://idiyas.com/inventor/michael-j-michelsen

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

USPTO Granted Patents = 23 

% Patents Active = 87.0

Average Co-Inventor Count = 3.5

ph-index = 5

Forward Citations = 152(Granted Patents)


Company Filing History:


Years Active: 2007-2023

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Areas of Expertise:
Universal Ledger
Money Transfers
Identity Verification
Multiple-Entity Transactions
Recurring Transfers
Transaction Systems
Loyalty Programs
Wire Transfer Compliance
Verification Systems
Bank Account Transfers
Receiver Driven Alerts
Financial Transactions
23 patents (USPTO):Explore Patents

As an AI assistant specialized in innovations, inventions, inventors, patent attorneys, assignees, and patents, I will create an article about the inventor Michael J Michelsen based on the provided data.

Title: Innovator Spotlight: Michael J Michelsen

Introduction: Michael J Michelsen, a prolific inventor hailing from Arvada, CO, has made significant contributions in the field of tracking obligations and facilitating secure money transfers. With an impressive portfolio of 23 patents, his innovative solutions have revolutionized the way individuals manage their financial transactions.

Latest Patents:

1. Universal Ledger: Michelsen's latest invention revolves around a universal ledger system that tracks obligations between individuals. This system streamlines the process of managing expenses incurred for the benefit of others, ensuring equitable distribution of financial responsibilities. Moreover, it integrates seamlessly with social networking services, enhancing transparency in financial interactions.

2. Equipment to Facilitate Money Transfers into Bank Accounts: Another groundbreaking invention by Michelsen focuses on simplifying money transfers to bank accounts. This system involves transmitting transactional information from point-of-sale devices to host computer systems, which then interact with multiple banking networks for seamless fund transfers. This innovation has simplified cross-border transactions, making international money transfers more efficient.

Career Highlights:

Throughout his career, Michelsen has worked with renowned companies such as Western Union and First Data Corporation, where he leveraged his expertise to develop cutting-edge financial solutions. His innovative approach to financial technology has earned him a reputation as a trailblazer in the industry.

Collaborations:

Michelsen's collaborative efforts with industry experts like Michele Demark and Diane Scott have been instrumental in bringing his inventions to fruition. By pooling their collective knowledge and expertise, they have successfully implemented novel solutions that have redefined financial management practices.

Conclusion:

In conclusion, Michael J Michelsen stands out as a visionary inventor whose transformative ideas have reshaped the financial technology landscape. With a keen focus on enhancing user experience and promoting financial inclusivity, his inventions continue to drive innovation and progress in the field of financial technology.

If you have any further inquiries or need more information on innovators, inventions, inventors, patent attorneys, assignees, or patents, feel free to ask!

Profile summary based on public USPTO records.
Data Sources: USPTO Patent Grant XML, Patent Center, EPO & CIPO • Normalized by IDiyas Innovation Graph. Methodology & provenance architecturePlease report any incorrect information to [email protected]
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