Company Filing History:
Years Active: 1983
Title: The Innovations of Anthony B Damms
Introduction
Anthony B Damms is an accomplished inventor based in Kitchener, Canada. He has made significant contributions to the field of banking operations through his innovative ideas and patents. His work focuses on improving the efficiency of financial transactions, which is crucial in today's fast-paced banking environment.
Latest Patents
One of Anthony B Damms' notable patents is titled "Method and apparatus for improving bank operation productivity." This patent describes a system designed to enhance the processing of financial transactions by allowing direct customer entry of transaction data. The system includes automatic verification of this data during proof operations, which streamlines the transaction process. Customers prepare their own transaction slips via a remote terminal, which are then delivered to a teller for verification. During proof and encoding operations, the amount field of each document is read and compared with the data entered by the customer. This process allows for any errors to be corrected at this stage, facilitating reconciliation and ultimately saving time and labor costs. Anthony holds 1 patent for this innovative solution.
Career Highlights
Anthony B Damms is associated with NCR Canada Ltd., a company known for its advancements in technology and banking solutions. His role at NCR Canada has allowed him to apply his inventive skills to real-world challenges in the banking sector. His contributions have not only improved operational productivity but have also enhanced customer experience in financial transactions.
Collaborations
Anthony has worked alongside Robert J Rushby, a fellow innovator in the field. Their collaboration has likely contributed to the development of effective solutions in banking operations, although specific details of their joint projects are not highlighted.
Conclusion
Anthony B Damms is a notable inventor whose work has significantly impacted the banking industry. His innovative patent for improving bank operation productivity showcases his commitment to enhancing financial transaction processes. Through his career at NCR Canada Ltd., he continues to contribute to advancements in banking technology.