Raegen Ann-Marie Lang

Title: Innovations by Raegen Ann-Marie Lang

Introduction

Raegen Ann-Marie Lang is an accomplished inventor based in Fairview Heights, Illinois. With a total of three patents to her name, she has made significant contributions to the field of financial technology. Her work primarily focuses on enhancing the efficiency and clarity of cashless transactions.

Latest Patents

One of her latest patents is titled "Merchant Data Cleansing in Clearing Record." This innovation involves a network operator that intermediates a cashless transaction by sending a payment device issuer an outbound clearing data file enriched with cleansed merchant data. Issuers that choose to participate in this merchant data cleansing service will receive cleansed and optionally augmented merchant information. This data can help reduce costs associated with 'do not recognize' calls by cardholders, disputed charges, and charge-backs. With the cleansed data provided in the clearing record, a device holder gains access to accurate information about the merchant where a transaction occurred through their statement. The patent also allows for augmenting the clearing record data to include merchant-specific add-on and aggregate data that is not currently included in the transaction clearing record, yet is useful to the issuer in both form and content.

Career Highlights

Raegen is currently employed at Mastercard International Incorporated, where she continues to innovate in the realm of payment processing and transaction management. Her work is pivotal in improving the overall user experience for cardholders and issuers alike.

Collaborations

Throughout her career, Raegen has collaborated with notable colleagues, including Ana Paula Martinez Prada Peyser and Cristobel Kay Von Walstrom. These partnerships have fostered a creative environment that encourages the development of groundbreaking solutions in financial technology.

Conclusion

Raegen Ann-Marie Lang's contributions to the field of financial technology through her patents and collaborations highlight her role as a significant innovator. Her work continues to shape the future of cashless transactions, making them more efficient and user-friendly.