Norbert Albrecht

Title: Norbert Albrecht: Innovator in Electronic Payment Systems

Introduction

Norbert Albrecht is a notable inventor based in Berlin, Germany. He has made significant contributions to the field of electronic payment systems, holding a total of 4 patents. His work focuses on enhancing the security and efficiency of electronic transactions.

Latest Patents

Albrecht's latest patents include a system and method for authorizing electronic payment transactions. This transaction authorization system comprises an authorization engine configured to perform an analysis related to a received request for authorization of a current electronic payment transaction. It generates an authorization output based on this analysis. Additionally, the system includes a database that stores a plurality of transaction records for past electronic payment transactions. Another aspect of his patent involves determining an authorization output based on the analysis, which includes applying one or more checking rules of the if-then clause type. These rules compare transaction-related attributes to predefined attribute threshold values.

Career Highlights

Throughout his career, Norbert Albrecht has worked with prominent companies in the industry. He has been associated with First Data Corporation and Giesecke & Devrient GmbH, where he contributed to the development of innovative payment solutions. His expertise in electronic payment systems has positioned him as a key figure in this technological domain.

Collaborations

Albrecht has collaborated with notable professionals in his field, including Takayuki Kubo and Walter Hinz. These collaborations have further enriched his work and contributed to advancements in electronic payment technologies.

Conclusion

Norbert Albrecht's contributions to electronic payment systems through his patents and career achievements highlight his role as an innovator in the field. His work continues to influence the way electronic transactions are authorized and processed.