Douglas D Dalton

Title: Douglas D Dalton: Innovator in Money Transfer Technology

Introduction

Douglas D Dalton is a notable inventor based in St. Michael, MN (US). He has made significant contributions to the field of money transfer technology. His innovative approach has led to the development of a unique system that enhances the efficiency of money transfer transactions.

Latest Patents

Dalton holds a patent for a system titled "Send and receive side control of money transfer parameters." This invention involves a computer system that facilitates money transfer transactions. The process begins when a request is received from a sender on a send computer to initiate a money transfer with a specified send amount. The sender is then prompted to select various parameters related to the transfer, including receiver information and location. The system analyzes money transfer fees for multiple receive locations near the specified receiver location. Ultimately, it selects the location with the lowest fee, collects the send amount and fee from the sender, and stores all relevant information in a money transfer server. Dalton's patent is a testament to his innovative thinking in streamlining financial transactions.

Career Highlights

Dalton is currently employed at MoneyGram International, Inc., where he continues to develop and refine money transfer solutions. His work has had a significant impact on the efficiency and cost-effectiveness of money transfers, benefiting both senders and receivers.

Collaborations

Dalton collaborates with talented individuals such as Angela Marie Runkle and Adam Gerety. Their combined expertise contributes to the advancement of technology in the financial sector.

Conclusion

Douglas D Dalton is a pioneering inventor whose work in money transfer technology has transformed the way financial transactions are conducted. His innovative patent reflects his commitment to improving the efficiency of money transfers, making a lasting impact in the industry.