Company Filing History:
Years Active: 2009-2015
Title: The Innovative Contributions of David B. Smith
Introduction
David B. Smith is a notable inventor based in Falcon Heights, Minnesota. He has made significant contributions to the field of technology, holding a total of eight patents. His work primarily focuses on enhancing financial transaction systems and creating innovative stored-value products.
Latest Patents
Among his latest patents is the "Phased Debit Activation System and Method." This invention facilitates the activation of general-purpose reloadable (GPR) cards through a point-of-sale (POS) terminal. The method involves reading an activation storage medium from the GPR card, collecting identification information from the card applicant, and communicating the initial activation of the GPR account after receiving approval from a financial processing network. This activation process is characterized by multiple phases, allowing the GPR account to be used for purchases while restricting additional monetary loading.
Another significant patent is the "Stored-Value Product with Manufactured Article." This invention includes a toy automobile and a panel that signifies a financial account linked to the stored-value card assembly. The design promotes sales of stored-value products and outlines methods for utilizing these products effectively.
Career Highlights
David B. Smith is currently employed at Target Brands, Inc., where he continues to innovate and develop new technologies. His work has had a substantial impact on the financial technology sector, particularly in the realm of stored-value products and payment systems.
Collaborations
Throughout his career, David has collaborated with talented individuals such as Erin M. Borkowski and Primoz Samardzija. These collaborations have contributed to the successful development of his innovative products and patents.
Conclusion
David B. Smith's contributions to innovation and technology are evident through his patents and work at Target Brands, Inc. His inventions continue to shape the landscape of financial transaction systems and stored-value products.