H Patrick McSharry

Title: H Patrick McSharry: Innovator in Image Processing Technology

Introduction

H Patrick McSharry is a notable inventor based in Los Angeles, CA, who has made significant contributions to the field of image processing technology. With a total of two patents to his name, McSharry has developed innovative methods that enhance the efficiency of financial transactions involving checks and cash.

Latest Patents

McSharry's latest patents focus on a system and method for image depositing, image presentment, and deposit taking in a commercial environment. This method allows for the scanning of checks and cash to create electronic images of both the front and back of the instruments. The processed images are transmitted electronically to a central location, where they can be recreated into a paper form that resembles the original check or cash. This includes a machine-readable regeneration of the MICR code line data captured from the original instrument. The technology enables paperless processing of checks and cash, allowing for local voiding and storage without requiring immediate pickup, while still facilitating transaction processing.

Career Highlights

Throughout his career, McSharry has worked with prominent financial institutions, including Citibank, N.A. and Citicorp Development Center, Inc. His experience in these organizations has contributed to his expertise in developing innovative financial technologies.

Collaborations

Some of McSharry's notable coworkers include Alan Slater and Michael L. Sears. Their collaboration has likely played a role in advancing the projects they have worked on together.

Conclusion

H Patrick McSharry is a distinguished inventor whose work in image processing technology has transformed the way financial transactions are conducted. His innovative patents reflect a commitment to improving efficiency and convenience in the banking sector.