Company Filing History:
Years Active: 1994-1995
Title: Innovations by Timothy W Depew
Introduction
Timothy W Depew is an accomplished inventor based in Ft. Lauderdale, FL (US). He holds a total of 5 patents that showcase his contributions to the field of transaction technology. His work primarily focuses on enhancing the security and efficiency of data card terminals.
Latest Patents
Among his latest patents are systems and methods for operating data card terminals for transactions. These innovations provide chargeback protection services for merchants. The transaction terminal includes an embossed character reader and a magnetic stripe reader, along with a separate signature capture printer. This terminal is designed to detect the physical presence of a data card during a transaction. The embossed character reader utilizes a tactile imager and pattern recognition to identify the embossed characters on the data card. Additionally, a signature capturing printer generates a paper receipt that the cardholder signs at a designated window. The system digitizes and compresses the signature signals, transmitting transaction data to the host computer system of a transaction processor, which guarantees chargeback protection under specific circumstances. Furthermore, methods for providing electronic and offline transaction authorizations are also disclosed.
Career Highlights
Timothy has worked with notable companies such as National Bancard Corporation and Microbilt Corporation. His experience in these organizations has contributed significantly to his expertise in transaction processing technologies.
Collaborations
Throughout his career, Timothy has collaborated with professionals like James H Hamilton and Peter R Cavicchi. These partnerships have likely enriched his innovative endeavors and expanded his impact in the industry.
Conclusion
Timothy W Depew's contributions to transaction technology through his patents reflect his commitment to improving security and efficiency in financial transactions. His work continues to influence the industry positively.