Company Filing History:
Years Active: 2014-2016
Title: Inventor Spotlight: Nicholas Peddy
Introduction
Nicholas Peddy is a notable inventor based in Mountain View, California, known for his innovative contributions to the realm of online financial transactions. With a total of two patents to his name, Peddy has developed methods and systems that enhance the calculation of fees related to these transactions.
Latest Patents
His latest patents revolve around various methods, apparatus, and systems for calculating fees associated with online financial transactions. One embodiment describes a method that extracts fee calculation data into a data cache, which is updated through refreshing processes. This cache is linked to control data, enabling a responsive calculation of fees based on transaction details such as fee type, country code, and client identifier. The process allows for flexibility in determining base fees from defaults or overrides tailored to specific clients. Another patent outlines a method of selecting an initial base fee, which includes both a transaction percentage and a fixed amount. Adjustments to this base fee are applied conditionally, ensuring accurate fee calculations.
Career Highlights
Throughout his career, Nicholas Peddy has worked with various esteemed companies, including eBay and PayPal. His roles in these organizations allowed him to apply his innovative thinking in a dynamic environment, contributing to advancements in online financial transactions.
Collaborations
Peddy has collaborated with notable professionals such as Vinit Agarwal and Steven Todd Black. These partnerships have enabled him to leverage diverse expertise, fostering an environment conducive to innovation in financial technology.
Conclusion
Nicholas Peddy has made significant strides in the field of online financial transactions through his innovative patents and collaborative efforts. His work continues to shape the way fees are calculated in digital platforms, reflecting his commitment to enhancing financial transaction processes. As technology evolves, Peddy's contributions will likely remain influential in the industry.