Company Filing History:
5 out of 287 
2 out of 568 
Years Active: 2006-2015
Title: **Innovations by Inventor Mike Michelsen**
Introduction
Mike Michelsen, an accomplished inventor based in Arvada, Colorado, holds an impressive portfolio of six patents. His work primarily focuses on innovative solutions in the financial technology sector, particularly concerning money transfer systems. Michelsen's inventions showcase his dedication to improving financial transactions for users across various platforms and locations.
Latest Patents
Among his notable inventions are two significant patents:
1. **Money Transfer Systems and Methods for Travelers**
This patent outlines a pioneering method that allows senders to transfer money to recipients traveling in foreign countries. The process involves entering recipient and payment information into a remote computer system. This information is transmitted to a host computer, facilitating local currency withdrawals by the recipient when needed.
2. **Universal Ledger**
The universal ledger invention introduces a system to track financial obligations incurred between individuals. It streamlines the process by notifying the second party of any expenses incurred by the first. Additionally, the system integrates with social networks, effectively sharing information about obligations and benefits, which enhances transparency and ease of management in personal finances.
Career Highlights
Throughout his career, Mike Michelsen has held positions in notable companies that have shaped his expertise in financial technology. He has been associated with The Western Union Company and First Data Corporation, where he contributed significantly to payment systems and financial service innovations.
Collaborations
Michelsen has had the opportunity to collaborate with distinguished professionals in the industry, including coworkers Kurt L. Hansen and Dean A. Seifert. Their collective insights and expertise undoubtedly contributed to the success and development of his inventions.
Conclusion
Mike Michelsen exemplifies the spirit of innovation in the financial technology domain. His contributions, particularly regarding money transfer systems and tracking financial obligations, have paved the way for more efficient and user-friendly financial transactions. As he continues to innovate, the implications of his work will likely impact the financial landscape for years to come.