Dean A Seifert

Title: Dean A Seifert: Pioneering Innovations in Funds Transfer and Remote Transactions

Introduction:

Dean A Seifert, based in Parker, CO, is a prominent inventor and innovator in the field of financial technology. With an impressive 54 patents to his name, Seifert has made significant contributions to multiple-entity transaction systems and cash payment for remote transactions. Through his work with companies like The Western Union Corporation and The Western University Company, Seifert has revolutionized the way funds are transferred and remote transactions are conducted.

Multiple-Entity Transaction Systems and Methods:

Seifert's most recent patents include his groundbreaking methods and systems for performing funds transfers. These innovative systems allow funds to be transferred seamlessly, utilizing a diverse range of funds-transfer companies. The method involves identifying which funds-transfer company can complete the transfer based on pre-defined parameters. Additionally, a default service fee charged by the subset of selected funds-transfer companies is determined. Seifert's advancements ensure efficient and secure funds transfers in compliance with defined parameters.

Cash Payment for Remote Transactions:

Another noteworthy patent by Dean A Seifert is his method for cash payment in remote transactions. This innovation streamlines the process of transferring funds from a sender to a receiver without the need for physical currency. The sender's request to transfer funds is received by a web server computer, with validation of the payment vehicle and generation of a unique transaction identifier. The sender then provides the receiver with the transaction identifier to be entered into an ATM. Once validated, the ATM dispenses the funds, enabling secure and convenient remote transactions.

Contributions at The Western Union Corporation and The Western University Company:

During his career, Seifert has collaborated with renowned companies, including The Western Union Corporation and The Western University Company. At The Western Union Corporation, Seifert's expertise has played a vital role in advancing their funds transfer services. His contributions have helped shape a more efficient and reliable funds transfer process, benefitting millions of customers worldwide. Similarly, at The Western University Company, Seifert's inventive thinking has influenced educational resources and financial systems.

Collaborators:

Throughout his innovative career, Dean A Seifert has collaborated with talented individuals who have greatly contributed to his work. Among those notable coworkers are Earney E Stoutenburg and Mark Thompson. Their combined expertise and shared vision have fostered a collaborative environment leading to groundbreaking inventions in the field of finance and remote transactions.

Conclusion:

Dean A Seifert's pioneering work in the field of funds transfer and remote transactions has revolutionized the way financial transactions are conducted. With an impressive track record of 54 patents to his name, Seifert's contributions have been instrumental in shaping the financial technology landscape. His advancements help enhance the efficiency, security, and convenience of funds transfers, benefitting both businesses and individuals worldwide. Dean A Seifert's innovations continue to inspire and pave the way for future breakthroughs in the domain of financial technology.