Location History:
- Dunellen, NJ (US) (1999 - 2000)
- Basking Ridge, NJ (US) (2000)
Company Filing History:
Years Active: 1999-2000
Title: Innovations by Robert Anthony Checchio
Introduction
Robert Anthony Checchio is an accomplished inventor based in Dunellen, NJ (US). He has made significant contributions to the field of credit card transaction technology. With a total of 3 patents to his name, Checchio's work focuses on enhancing the security and efficiency of credit card transactions.
Latest Patents
One of Checchio's latest patents is a "Method and apparatus for preauthorizing credit card type transactions." This invention involves a communications device that allows a credit card owner to initiate a transaction by communicating with a credit card company database. The system requires a correct personal identification code (PIC) to store transaction-specific information, ensuring that only authorized users can complete the transaction. This pre-authorization process enhances security, as vendors do not need to see or transmit the PIC.
Another notable patent is the "Method and apparatus for credit card purchase authorization utilizing a." This invention employs a credit card validation unit to transmit encrypted purchase information to a credit card company computer. The system creates a test token that is compared to the purchase token to determine if the transaction is authorized. This method can be executed using wireless communication devices, such as cellular phones, making it a modern solution for secure transactions.
Career Highlights
Checchio is currently associated with AT&T Corp., where he continues to innovate in the field of telecommunications and financial transactions. His work has contributed to advancements in how credit card transactions are processed and authorized.
Collaborations
Throughout his career, Checchio has collaborated with notable colleagues, including Steven T. Kaish and Nancy A. Kowalsky. These partnerships have fostered a creative environment that encourages the development of innovative solutions in the industry.
Conclusion
Robert Anthony Checchio's contributions to credit card transaction technology demonstrate his commitment to enhancing security and efficiency in financial transactions. His patents reflect a deep understanding of the challenges in this field and offer practical solutions that benefit both consumers and vendors.