Company Filing History:
Years Active: 2016-2019
Title: Steve Oshry: Innovator in Payment Card Technology
Introduction
Steve Oshry is a notable inventor based in Bronxville, NY, who has made significant contributions to the field of payment card technology. With two patents to his name, he has developed innovative methods that enhance transaction data continuity and merchant identification.
Latest Patents
Oshry's latest patents include a method for maintaining continuity of transaction data associated with a merchant within a payment card network. This computer-implemented method identifies new merchant IDs and associated information from a database, linking them to discontinued merchant IDs based on the loyalty of payment card holders. This innovation ensures that transaction data remains consistent and reliable, even as merchants change.
Another significant patent focuses on recognizing and combining redundant merchant designations in a transaction database. This method determines whether two entries in a merchant location database refer to the same merchant location by comparing various fields, including DBA names and street addresses. A logistic regression is performed to calculate the probability that the entries refer to the same merchant, thereby improving the accuracy of merchant data.
Career Highlights
Steve Oshry is currently employed at Mastercard International Incorporated, where he applies his expertise in payment technologies. His work has contributed to advancements in how transaction data is managed and utilized within the payment card industry.
Collaborations
Oshry has collaborated with notable colleagues, including Walter Francis Lo Faro and Anita Christine Galliani, who share his commitment to innovation in financial technology.
Conclusion
Steve Oshry's contributions to payment card technology through his patents demonstrate his role as a key innovator in the industry. His work not only enhances transaction data management but also improves the overall efficiency of payment systems.