This inventor holds 1 USPTO granted patent and 1 published patent application. Top assignee: Checkfree Corporation. Active years: 2010.
Company Filing History:
Years Active: 2010
Title: Innovations by Timothy Herdklotz
Introduction
Timothy Herdklotz is an accomplished inventor based in Banner Elk, NC (US). He has made significant contributions to the field of electronic payment systems. His innovative approach has led to the development of a unique patent that enhances the efficiency of payment processing.
Latest Patents
Timothy Herdklotz holds a patent for "Methods and systems for the determination and display of payment lead time in an electronic payment system." This patent describes a system and method for determining and displaying a payment lead time or expected payment delivery time in an electronic payment system. The process involves identifying a payee associated with a payor. Before receiving a payment request, the expected payment delivery time is determined based on various payment attributes related to both the payee and the payor. An interface screen is then generated to display the expected payment delivery time.
Career Highlights
Timothy is currently associated with Checkfree Corporation, where he applies his expertise in electronic payment systems. His work has contributed to advancements in how payments are processed and displayed, making transactions more transparent and efficient.
Collaborations
Some of Timothy's notable coworkers include Paul J Lyda and Donald Kenneth Hobday, Jr. Their collaboration has likely fostered an environment of innovation and creativity within their projects.
Conclusion
Timothy Herdklotz's contributions to electronic payment systems through his patent demonstrate his commitment to innovation in the financial technology sector. His work continues to influence how payments are processed and displayed, enhancing user experience and efficiency.