Company Filing History:
9 out of 2,019 
3 out of 24 
1 out of 4 Years Active: 1998-2019
Title: Innovations and Contributions of Inventor Peter C Freund
Introduction
Peter C Freund is a notable inventor based in New York, NY, with a remarkable portfolio of 14 patents. His work primarily focuses on innovative methods and systems that enhance transaction processes and financial instruments. Freund's inventions reflect a deep understanding of technology and finance, making significant contributions to both fields.
Latest Patents
Among his latest patents is a method and system for performing purchase and other transactions using tokens with multiple chips. This invention facilitates small purchase transactions through a stored value account while allowing other transactions via a network as directed by the user. The system identifies a token used for transactions, which is read by a service provider's reader. The token comprises at least two chips, each associated with different protocols for accessing local systems and central controllers. This innovation streamlines transaction processes by authenticating and funding transactions efficiently.
Another significant patent by Freund involves synthetic funds having structured notes. This invention relates to synthetic funds available for purchase by investors, where structured notes are customized to provide specific equity returns. The terms of each structured note can be tailored by the purchaser, allowing for flexibility in investment strategies. These structured notes are unsecured liabilities of the obligor, meaning there are no underlying assets, and the management of proceeds is at the obligor's discretion.
Career Highlights
Peter C Freund has had a distinguished career, working with prominent institutions such as JPMorgan Chase Bank and Certco, Inc. His experience in these organizations has undoubtedly contributed to his innovative thinking and ability to develop groundbreaking solutions in the financial sector.
Collaborations
Freund has collaborated with notable individuals in his field, including Frank Wells Sudia and Frank W Sudia. These partnerships have likely fostered an environment of creativity and innovation, leading to the development of his impactful inventions.
Conclusion
Peter C Freund's contributions to the fields of transaction technology and financial instruments are significant. His innovative patents demonstrate a commitment to enhancing user experiences in financial transactions. Freund's work continues to influence the industry, showcasing the importance of innovation in modern finance.