Company Filing History:
Years Active: 2016-2025
Title: Walter Francis Lo Faro: Innovator and Patent Holder
Introduction
Walter Francis Lo Faro, based in Chesterfield, MO, has made significant strides in the field of invention, holding a commendable total of 11 patents to his name. His work primarily revolves around improving systems for financial transactions and processing efficiency, showcasing his innovative thinking and problem-solving capabilities.
Latest Patents
Among his latest contributions, two notable patents stand out. The first, titled "Systems and methods for generating recommendations using a corpus of data," details a sophisticated method and system for recommending merchants. This innovative system utilizes financial transaction data to create a merchant correspondence matrix, revealing insights into user preferences and interactions with various merchants. The output is a ranked list of merchants tailored to the account holder’s unique habits.
The second, "Systems and methods for improving error tolerance in processing an input file," describes a computer system designed to enhance the precision of financial transactions. This system employs a processor to analyze payee and biller information, ensuring that even in cases of discrepancy, the correct billers are identified through approximate match scoring and adjustments based on account numbers.
Career Highlights
Walter currently works at Mastercard International Incorporated, where he applies his expertise to develop technologies that streamline financial transactions and enhance user experiences. His role in such a prominent company underscores the value of his inventive contributions to the industry.
Collaborations
Throughout his career, Walter has collaborated with talented colleagues, most notably Christopher John Merz and Matthew Scott Morice. These collaborations have likely sparked innovation and fostered a dynamic work environment, contributing to the advancement of their projects and the overall mission of Mastercard.
Conclusion
Walter Francis Lo Faro stands out as a dedicated inventor whose work in patent creation highlights his commitment to innovation in the financial technology sector. His contributions not only benefit the organizations he works for but also pave the way for future advancements in how financial transactions are processed and facilitated. With a strong portfolio of patents, he continues to influence the industry significantly.
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.