Company Filing History:
Years Active: 2015
Title: **Innovative Solutions by Michael Thomas Bahl in Financial Technology**
Introduction
Michael Thomas Bahl, an innovative inventor based in Plymouth, Minnesota, has made significant contributions to the field of financial technology. With one noteworthy patent, he showcases his ability to develop practical solutions that facilitate improved financial transactions for users.
Latest Patents
Bahl's most notable patent is the "Phased Debit Activation System and Method." This invention outlines a method for activating a general-purpose reloadable (GPR) card. The process involves reading an activation storage medium from a GPR card via a point-of-sale (POS) terminal, which links to a GPR account stored in a database. The method elaborates on collecting identification information, submitting monetary amounts for loading the GPR account, and communicating activation approvals, all structured within a phased activation approach. This innovative system enables users to make purchases while ensuring a secure and streamlined activation process.
Career Highlights
During his career, Michael Bahl has worked with Target Brands, Inc., where he has refined his expertise in the realm of financial services. His role at Target not only positions him within a leading retail company but also emphasizes his commitment to enhancing customer experiences through financial innovation.
Collaborations
Throughout his professional journey, Bahl has collaborated with notable colleagues, including Joseph Brenny and David B. Smith. Their combined efforts in the workplace reflect a shared vision for developing advanced systems that bolster financial transaction efficacy and consumer satisfaction.
Conclusion
Michael Thomas Bahl stands out as an inventor whose work in the financial technology sector highlights the importance of innovation in modern transactions. With a dedicated career and a patent that addresses crucial aspects of financial interactions, Bahl continues to exemplify the spirit of innovation and advancement in today's dynamic financial landscape.