Company Filing History:
1 out of 21 
1 out of 10 
1 out of 5 Years Active: 2012
Title: Innovator Spotlight: Daniel A. Maslaney in Electronic Check Processing
Introduction: Daniel A. Maslaney, based in Norcross, GA, has made significant contributions to the field of electronic check processing. His innovative work has led to the development of an inventive solution for efficient handling of duplicate electronic check reversal files. With one patent to his name, Maslaney's contributions reflect his commitment to advancing financial technology.
Latest Patents: Maslaney's most notable patent is titled "System and Method for Processing Duplicative Electronic Check Reversal Files." This patent focuses on the processing of duplicate items in image cash letter (ICL) reversal files. The unique duplicate item processing module he developed is capable of receiving ICL reversal files containing items that represent duplicate electronic checks. It efficiently identifies whether the processing entity erroneously presented the item multiple times or if the depositing institution made the mistake of depositing it more than once. Furthermore, based on the error source, the module can correct its records and/or forward the relevant ICL reversal file to the appropriate receiving institution.
Career Highlights: Maslaney has had an impressive career, working with renowned institutions such as the Federal Reserve Bank of Atlanta and the Federal Reserve Bank of Cleveland. His roles in these organizations underline his expertise in the complexities of financial systems and electronic transactions.
Collaborations: Throughout his career, Maslaney has had the privilege of collaborating with notable professionals, including Benjamin T. Breeden, Jr. and Steven D. Martin. These collaborations have contributed to the advancement of his projects and have enriched the professional landscape surrounding electronic check processing.
Conclusion: Daniel A. Maslaney is a key figure in the field of electronic check processing. His innovative patent addresses crucial challenges in handling duplicative transactions, demonstrating his ability to contribute meaningful solutions to the financial technology sector. As he continues to push the boundaries of innovation, Maslaney's work remains integral to the evolution of effective payment processing systems.