This inventor holds 5 USPTO granted patents and 1 published patent application. Top assignees: The Clearing House Service Company L.l.c., The Clearing House Payments Company LLC. Active years: 2000-2019.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Location History:
- New York, NY (US) (2000 - 2001)
- Marlboro, NY (US) (2014 - 2019)
Company Filing History:
3 out of 3 
2 out of 19 Years Active: 2000-2019
Title: The Innovative Mind of Robert M. Cotton
Introduction
Robert M. Cotton, an accomplished inventor based in Marlboro, NY, has made significant contributions to the field of payment systems, holding a total of five patents. His innovative ideas focus primarily on enhancing the efficiency and finality of payment processes among multiple participants in the financial sector.
Latest Patents
One of Robert M. Cotton's latest patents is titled "System and Method for Intraday Netting Payment Finality with Supplemental Funding." This invention details a system designed for the continuous intraday final settlement of payment orders among various participants. Each participant possesses facilities to electronically send and receive payment orders as payment messages. The system effectively stores primary and supplemental positions corresponding to balances in a prefunded balance account. It allows for efficient handling of payment messages by releasing selected payment messages based on specific conditions related to supplemental positions of the sending and receiving participants.
Career Highlights
Throughout his career, Robert has worked with renowned organizations such as The Clearing House Service Company LLC and The Clearing House Payments Company LLC, where he contributed his expertise in payment systems. His innovative approach has helped in shaping better methodologies for payment processing and settlement.
Collaborations
Robert has collaborated with notable professionals in the industry, including Joseph S. Pawelczyk and George F. Thomas. These partnerships have allowed him to expand his innovative horizons and contribute to the development of impactful solutions within the financial technology sector.
Conclusion
Robert M. Cotton’s significant contributions to the understanding and implementation of intraday payment finality demonstrate his commitment to innovation within the payment systems arena. As he continues to build on his impressive portfolio of patents, his work will likely influence the future of financial transactions and the efficiency of payment processing systems.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile