Location History:
- Houston, TX (US) (2023)
- Sugarland, TX (US) (2023)
Company Filing History:
Years Active: 2023
Title: Innovations by Mohammad Fraz Ahmed in Transaction Routing Technology
Introduction
Mohammad Fraz Ahmed, based in Houston, TX, is an innovative inventor specializing in financial technology. With two patents to his name, he has made significant contributions to transaction routing systems that enhance the functionality and efficiency of automated teller machines (ATMs) and related financial applications.
Latest Patents
Ahmed's most recent patents focus on groundbreaking methods and systems for routing transactions involving ATMs, points of sale, financial institutions, and software wallets. His first patent outlines a system that facilitates ATM transactions without the need for a physical card. Here, a transaction request is processed through an external application programming interface (API), allowing users to generate a unique identifier. This unique identifier enables users to confirm transactions at an ATM simply by entering it, eliminating the necessity for a card or mobile device connection. The system efficiently validates the transaction at the ATM via an internal API.
The second patent details methodologies for tracking and routing transactions initiated via unique identifiers. This enables the confirmation of transaction validity through an API affiliated with the ATM provider. The versatility of this approach allows transactions to be implemented seamlessly, which includes both cash dispensing and deposit acceptance, ultimately providing a smoother experience for users.
Career Highlights
Currently, Mohammad Fraz Ahmed is making impactful strides at NCR Corporation, a leader in technology for financial services. Through his innovative mindset and commitment to enhancing transaction processes, he plays a pivotal role in driving the company forward in the evolving financial landscape.
Collaborations
Throughout his career, Ahmed has collaborated with several talented professionals, including his coworkers Jerry McCarley and Michael Winbun. Their collective expertise and teamwork contribute to the successful development of innovative solutions in the finance technology sector.
Conclusion
Mohammad Fraz Ahmed stands out as a significant figure in financial technology innovation. His patents showcase a clear vision for improving the way transactions are processed, ensuring convenience and efficiency for users. As technology continues to evolve, Ahmed's contributions will likely have a lasting impact on the industry.