Location History:
- Broomfield, CO (US) (2010)
- Monument, CO (US) (2013)
Company Filing History:
Years Active: 2010-2013
Title: The Innovative Mind of Rod Stambaugh
Introduction
Rod Stambaugh is a notable inventor based in Broomfield, Colorado. He has made significant contributions to the field of secure wireless payment transactions. With a total of two patents to his name, Stambaugh's work is paving the way for advancements in mobile payment security.
Latest Patents
Stambaugh's latest patent focuses on systems and methods for secure wireless payment transactions. In this innovative approach, when a user purchases an item or service, they enter a PIN on their mobile communication device. The user then sends the PIN, for example, via text message to a payment authority. The payment authority authenticates the user using the PIN and the mobile communication device identifier associated with the user's device. If the user is authenticated, the payment authority sends a transaction code back to the user, which is displayed on their mobile device. The user can then provide this transaction code to the merchant, who can enter it into their point of sale system to complete the transaction.
Career Highlights
Rod Stambaugh is currently associated with Mocapay, Inc., where he continues to innovate in the realm of mobile payment solutions. His work is instrumental in enhancing the security and efficiency of financial transactions conducted via mobile devices.
Conclusion
Rod Stambaugh's contributions to secure wireless payment transactions highlight his role as a forward-thinking inventor. His patents reflect a commitment to improving mobile payment security, making transactions safer for users everywhere.