Alan Slater

Title: Innovations of Alan Slater

Introduction

Alan Slater is an accomplished inventor based in East Brunswick, NJ (US). He holds a total of six patents, showcasing his significant contributions to the field of technology and finance. His work primarily focuses on systems and methods that enhance the efficiency of financial transactions.

Latest Patents

One of Alan Slater's latest patents is a system and method for image depositing, image presentment, and deposit taking in a commercial environment. This innovative method allows for the scanning of checks and cash to create electronic images of both the front and back of the instruments. The processed images are then transmitted electronically to a central location. At this central location, the images can be recreated into a paper form that resembles the original check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. This paperless processing of checks and cash facilitates local voiding and storage without requiring immediate pickup, while still allowing the transaction to be processed efficiently.

Career Highlights

Throughout his career, Alan Slater has worked with notable companies such as Citibank, N.A. and Citicorp Development Center, Inc. His experience in these organizations has contributed to his expertise in developing innovative financial solutions.

Collaborations

Alan has collaborated with several professionals in his field, including Michael L. Sears and Phoebe Rin-Rin Hsu. These collaborations have likely enriched his work and led to further advancements in his projects.

Conclusion

Alan Slater's contributions to the field of financial technology through his patents and career experiences highlight his role as a significant innovator. His work continues to influence the way financial transactions are processed in a modern commercial environment.