Location History:
- Castle Rock, CO (US) (2007)
- Marietta, GA (US) (2002 - 2013)
Company Filing History:
Years Active: 2002-2013
Title: Duane Ritter: Innovator in Money Transfer Systems
Introduction
Duane Ritter is a notable inventor based in Marietta, GA (US), recognized for his contributions to the field of electronic money transfer systems. With a total of 7 patents, Ritter has developed innovative solutions that enhance the security and efficiency of financial transactions.
Latest Patents
Ritter's latest patents include groundbreaking systems and methods for evaluating electronic value transfers. One of his significant inventions focuses on money transfer evaluation systems, which involve receiving money transfer requests, electronically storing records, and analyzing these records to identify related transactions. This analysis can help detect suspect activities by associating related records with a reference designator, facilitating the search for fraudulent transactions. Another notable patent is the system and method for detecting fraudulent calls, which evaluates transactions to identify potential suspicious activities. This system utilizes a reference designator list to assess multiple transaction systems, enhancing the overall security of financial operations.
Career Highlights
Throughout his career, Duane Ritter has worked with prominent companies in the financial sector, including First Data Corporation and The Western Union Company. His experience in these organizations has significantly contributed to his expertise in developing innovative money transfer solutions.
Collaborations
Ritter has collaborated with various professionals in his field, including Robert George Degen and Brian Prendergast. These collaborations have fostered a creative environment that has led to the development of his patented technologies.
Conclusion
Duane Ritter's work in the realm of electronic money transfer systems showcases his innovative spirit and dedication to enhancing financial transaction security. His patents reflect a commitment to addressing the challenges in the financial industry, making him a significant figure in the field of invention.