Company Filing History:
Years Active: 1998-2004
Title: The Innovations of Robert R Battenfelder
Introduction
Robert R Battenfelder is an accomplished inventor based in Darien, CT (US). He has made significant contributions to the field of online transactional services, particularly through his innovative patent work. With a total of 2 patents, Battenfelder has developed systems that enhance the efficiency and security of online transactions.
Latest Patents
One of his notable patents is a system and method for a risk-based purchase of goods. This invention enables online transactional services among sellers and buyers who have no previous relationship with each other. The system includes a financial clearinghouse that receives requests for goods or services from buyers and makes real-time determinations of the buyer's risk classification using an online repository of credit information. The financial clearinghouse determines a risk-based discount fee based on the buyer's risk classification to establish a payment amount to the seller. If the transaction is authorized, the clearinghouse transmits the payment to the seller and sends an invoice to the buyer for the purchase price. This system can also incorporate a broker to facilitate online order acceptance and processing between buyers and sellers.
Career Highlights
Robert R Battenfelder is currently employed at Citibank, N.A., where he continues to innovate in the financial technology sector. His work focuses on improving transactional processes and enhancing user experiences in online marketplaces.
Collaborations
Throughout his career, Battenfelder has collaborated with notable colleagues, including Maria M Mandler and Ann P McLaughlin. These partnerships have contributed to the development of his innovative ideas and patents.
Conclusion
Robert R Battenfelder's contributions to online transactional services through his patents demonstrate his commitment to innovation in the financial technology industry. His work continues to influence how transactions are conducted in the digital age.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.