Company Filing History:
Years Active: 1976-1977
Title: The Innovations of Donald E. Kinker
Introduction
Donald E. Kinker is a notable inventor based in North Canton, OH (US). He has made significant contributions to the field of banking technology, holding a total of 3 patents. His work focuses on enhancing security and efficiency in banking systems.
Latest Patents
One of Kinker's latest patents is an "On-line verification system for identification card or the like." This invention describes a method for verifying that a holder of an identification card is authorized to complete a transaction at a remote terminal in an online banking system. The system reads account number data from the card, scrambles it, and compares it to secret alphanumeric data entered by the cardholder. This ensures that even if the communication line is monitored, the entire secret data cannot be compromised.
Another significant patent is the "Automatic remote banking system and equipment." This invention provides a banking system that dispenses cash at unmanned stations while ensuring maximum security. Customers can verify their identity and conduct transactions without the need for a teller, allowing for banking services during non-business hours.
Career Highlights
Donald E. Kinker has worked at Diebold, Inc., a company known for its innovations in banking technology. His contributions have played a crucial role in developing secure and efficient banking solutions.
Collaborations
Kinker has collaborated with notable coworkers such as Herbert J. Morello and Robert W. Clark, who have also contributed to advancements in banking technology.
Conclusion
Donald E. Kinker's work exemplifies the importance of innovation in the banking sector. His patents reflect a commitment to enhancing security and efficiency in financial transactions.