Alfred William Griggs

Title: Alfred William Griggs: Pioneering Innovations in Transaction Systems

Introduction

Alfred William Griggs is an accomplished inventor based in Menlo Park, California, known for his contributions to transaction systems and methods. With a total of three patents to his name, Griggs has made significant strides in enhancing the efficiency of transaction processing.

Latest Patents

One of Griggs's latest patents is centered around a transaction initiation determination system utilizing transaction data elements. This invention encompasses systems and methods that determine a transaction initiation mode used to conduct transactions. The process involves receiving a transaction authorization request message at a server computer, which pertains to transactions between consumers and merchants, and includes a variety of data elements. The server determines the transaction initiation mode from at least three possible modes, based on the data elements provided. Subsequently, it applies a specific set of rules linked with the determined transaction initiation mode to ensure proper processing of the transaction.

Griggs's approach to transaction initiation encompasses similar details in another of his patents, further emphasizing the robust systems he has developed for modern transaction processing. This innovation aims to streamline how transactions are initiated and verified, ultimately enhancing the consumer experience.

Career Highlights

Throughout his career, Alfred William Griggs has worked with prominent companies, including Visa International Service Association and Visa U.S.A. Inc. His work in these organizations reflects his commitment to improving transaction systems and addressing the complexities associated with financial interactions.

Collaborations

In his professional journey, Griggs has collaborated with various industry experts, including colleagues Brian Byrne and Lori D Van Deloo. These collaborations have undoubtedly contributed to the innovative solutions he has brought to the field of transaction processing.

Conclusion

Alfred William Griggs's innovative spirit and dedication to enhancing transaction systems mark him as a notable figure in the realm of invention. With his latest patents focusing on improving transaction initiation and processing, Griggs continues to influence the financial technology landscape significantly. Through his work and collaborations, he demonstrates the profound impact that innovative minds can have on the industry.