Company Filing History:
Years Active: 2006
Title: Ramaswamy Madhavan: Innovator in Electronic Fund Transfer Systems
Introduction
Ramaswamy Madhavan is a notable inventor based in Rego Park, NY (US). He has made significant contributions to the field of electronic fund transfers, showcasing his innovative spirit through his patented technology.
Latest Patents
Madhavan holds a patent for a "System and method for facilitating electronic transfer of funds." This system includes a transfer administrator that communicates with a transferor institution, one or more intermediary institutions, and a transferee institution. The transfer administrator is designed to receive payment requests and generate payment orders to facilitate the transfer of funds among the involved institutions. This innovative approach streamlines the process of electronic fund transfers, enhancing efficiency and reliability.
Career Highlights
Ramaswamy Madhavan is currently employed at American Express Bank Ltd., where he applies his expertise in financial technology. His work focuses on improving electronic payment systems, contributing to the advancement of secure and efficient financial transactions.
Collaborations
Madhavan collaborates with talented professionals in his field, including coworkers Eddy Almonte and Steven Aponte. Their combined efforts foster a creative environment that drives innovation in electronic payment solutions.
Conclusion
Ramaswamy Madhavan's contributions to electronic fund transfer systems exemplify his commitment to innovation in the financial sector. His patented technology not only enhances the efficiency of transactions but also reflects the importance of collaboration in driving advancements in this field.