Company Filing History:
Years Active: 2010-2018
Title: David Chauncey Shepard: Innovator in Transaction Processing Systems
Introduction
David Chauncey Shepard is a notable inventor based in Novato, California. He has made significant contributions to the field of transaction processing systems, holding a total of five patents. His work focuses on enhancing loyalty programs and automating rebate processes, which are crucial for modern commerce.
Latest Patents
One of Shepard's latest patents is titled "Loyalty Program Parameter Collaboration." This invention allows collaborative constituents to work together to develop a loyalty program within a transaction processing system. The system facilitates the exchange of suggested parameters for the loyalty program among the constituents. It also determines remaining parameters that have been agreed upon by a set of collaborative constituents, ensuring a streamlined process for loyalty program development.
Another significant patent is "Rebate Automation." This invention involves a computer system that authorizes transactions for product sales by merchants to account holders. When a transaction is confirmed as authorized and falls within a specific time period associated with a rebate, the system automates the communication of the rebate to the sponsor's account. This can either be given as a discount at the point of sale or credited to the account holder's account.
Career Highlights
David Chauncey Shepard is currently employed at Visa U.S.A. Inc., where he continues to innovate in the field of transaction processing. His work at Visa has allowed him to collaborate with other talented professionals, including Edward Winfield Fordyce III and Karteek Hasmukh Patel. These collaborations have further enhanced the development of effective transaction solutions.
Collaborations
Shepard's collaborations with his coworkers have played a vital role in the success of his inventions. Working alongside skilled professionals has enabled him to refine his ideas and bring innovative solutions to the market.
Conclusion
David Chauncey Shepard is a prominent inventor whose work in transaction processing systems has made a significant impact on the industry. His patents reflect a commitment to improving customer experiences through loyalty programs and rebate automation. His contributions continue to shape the future of commerce.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.