Company Filing History:
Years Active: 2019-2020
Title: Paul Kay Hatch: Innovator in Price Comparison Systems
Introduction
Paul Kay Hatch is a notable inventor based in Bentonville, AR (US). He has made significant contributions to the field of price comparison systems, holding a total of 3 patents. His innovative work focuses on enhancing the shopping experience for consumers by providing them with valuable price information.
Latest Patents
Hatch's latest patents include systems and methods for evaluating transactions concluded at point of sale (POS) devices. One of his key inventions involves a price comparison system that evaluates prices for competitive retail stores within a geographic region after a transaction is completed. This system identifies price differences between items and corresponding prices in third-party data. If the purchase price exceeds the corresponding third-party price, a credit is assigned to the customer, which can be in the form of a gift card or code redeemable in future transactions. Additionally, credits may be applied to a user's debit card, enhancing the overall shopping experience. Another significant patent focuses on fraud prevention systems for price comparison, which compares current transactions to past user transactions to detect potential fraud.
Career Highlights
Paul Kay Hatch is currently associated with Walmart Apollo, LLC, where he continues to innovate and develop new technologies that improve retail transactions. His work has been instrumental in creating systems that not only benefit consumers but also enhance the operational efficiency of retail businesses.
Collaborations
Hatch collaborates with talented individuals such as Joseph Y Wang and Venkata Syam Prakash Rapaka, contributing to a dynamic team that drives innovation in retail technology.
Conclusion
Paul Kay Hatch is a prominent inventor whose work in price comparison systems has the potential to transform the retail landscape. His patents reflect a commitment to improving consumer experiences and preventing fraud, showcasing his significant impact in the field.