Company Filing History:
Years Active: 2011-2013
Title: **Innovator Spotlight: Daniel J. Ruppe**
Introduction
Daniel J. Ruppe, based in Longwood, Florida, is a recognized inventor with a total of two patents to his name. His work primarily focuses on innovations in payment processing technologies, which significantly enhance user experience in financial transactions.
Latest Patents
Daniel's notable patents include:
1. **Enabling consumer choice on contactless transactions when using a dual-branded payment instrument**
This patent outlines a system and method that allow consumers to select the type of transaction—either credit or debit—over different payment networks like Visa or STAR when using contactless payment devices. The innovative aspect of this technology is its ability for merchants and consumers to make selections at the point of sale, ensuring a streamlined transaction process tailored to user preferences.
2. **Electronic verification service systems and methods**
This invention provides systems for authenticating applicants effectively. By leveraging an electronic funds transfer network, the acquirer can request a set of questions from the issuer of an existing account to verify the applicant’s identity. This method not only enhances security but also standardizes the authentication process, protecting applicants’ sensitive information.
Career Highlights
Daniel is presently associated with First Data Corporation, a leading provider in the payment processing industry. His inventions reflect a significant contribution to improving transaction security and consumer autonomy in payment choices.
Collaborations
Throughout his career, Daniel has collaborated with notable colleagues, including Vijay Kumar Royyuru and Craig E. Conway. This collaborative environment at First Data Corporation has fostered innovation and the development of groundbreaking financial technologies.
Conclusion
Daniel J. Ruppe's contributions as an inventor highlight his commitment to enhancing payment processing solutions. His patents not only exemplify innovative thinking but also pave the way for advancements in consumer transaction experiences. As technology evolves, the impacts of his work will undoubtedly play a significant role in shaping the future of digital payments.