Company Filing History:
Years Active: 1991-1993
Title: The Innovative Mind of Milton Johnson
Introduction
Milton Johnson, an accomplished inventor based in Oakland, California, is recognized for his significant contributions to the field of financial technology. With a total of two patents to his name, Johnson has focused on developing systems that enhance the efficiency and accuracy of financial transactions.
Latest Patents
Johnson's latest innovations include the "Courtesy Amount Read and Transaction Balancing System." This invention outlines a method and apparatus for processing predetermined numeric fields that contain handwritten numeric entries. The system subjects these numeric fields to character recognition analysis, assigning a confidence level to each field reflecting the degree of accuracy in recognizing the dollar amounts. Importantly, the invention allows for automated transaction balancing by computing the total of the recognized amounts and comparing it to the overall transaction total. This process is performed without the need for human intervention, thus streamlining financial operations and increasing reliability.
Career Highlights
Milton Johnson has made notable strides in his professional career, currently serving as an innovator at TRW Financial Systems, Inc. His dedication to developing advanced financial solutions has played a vital role in evolving the way transactions are processed. His work reflects a robust commitment to improving financial technologies and systems.
Collaborations
Throughout his career, Johnson has collaborated with talented coworkers such as Victor P. Elischer and Ilan Keret. These partnerships have not only fostered innovation but have also contributed to the successful development and implementation of advanced financial technologies.
Conclusion
Milton Johnson exemplifies the spirit of innovation in the financial technology sector. With his valuable patents and collaborative efforts, he continues to impact how financial transactions are processed, paving the way for a more efficient and reliable future in this vital industry.