Company Filing History:
Years Active: 2017-2020
Title: Douglas Porter: Innovator in Emergency Money Transfer Solutions
Introduction
Douglas Porter is an accomplished inventor based in Edina, MN (US). He has made significant contributions to the field of financial technology, particularly in the area of money transfer systems. With a total of 3 patents to his name, Porter has developed innovative solutions that address critical needs in emergency financial transactions.
Latest Patents
One of Porter's latest patents is focused on systems and methods for emergency money transfer transactions. This invention allows for a money transfer transaction to be funded without requiring payment at the time the transaction is initiated. It also eliminates the need for customers to engage in a separate transaction with another entity before initiating the money transfer. This innovation is particularly beneficial in emergency situations, where customers may not have immediate access to payment options.
Career Highlights
Douglas Porter is currently employed at MoneyGram International, Inc., where he continues to develop and refine his innovative ideas. His work has been instrumental in enhancing the efficiency and accessibility of money transfer services, making them more user-friendly and responsive to urgent needs.
Collaborations
Porter collaborates with talented professionals in his field, including coworkers Raymond Zurn and Emelyn Varness. Their combined expertise contributes to the advancement of financial technology solutions that meet the demands of modern consumers.
Conclusion
Douglas Porter is a notable inventor whose work in emergency money transfer systems has the potential to transform how individuals access funds in critical situations. His contributions to the field of financial technology are commendable and reflect a commitment to innovation that addresses real-world challenges.