J Gordon Cooper

Title: J Gordon Cooper: Innovator in Mobile Financial Transactions

Introduction

J Gordon Cooper is a notable inventor based in Singapore, recognized for his contributions to the field of mobile financial transactions. He has developed a unique method that enhances the way consumers interact with financial services through mobile devices. His innovative approach eliminates the need for traditional banking systems, making financial transactions more accessible and efficient.

Latest Patents

Cooper holds a patent for "Interoperable financial transactions via mobile devices." This patent describes a method and system that provide interoperable electronic financial services using mobile communications devices. The system allows consumers to deposit and withdraw money from their accounts using their mobile devices, facilitated by local agents, without the necessity of visiting a bank branch. The technology utilizes the consumer's ID and mobile number to generate a Personal Account Number (PAN), which is essential for routing transactions. Additionally, the system identifies transaction purposes to enable appropriate interchange, clearing, and settlement among participating entities. It also offers real-time feedback on transactions and reduces costs by allowing agents to service consumers from multiple banks and payment service providers.

Career Highlights

Cooper is currently associated with Visa International Service Association, where he continues to innovate in the financial technology sector. His work focuses on improving the efficiency and accessibility of financial services through mobile technology.

Collaborations

Cooper has collaborated with notable colleagues, including Ashish Kulpati and Ginger Baker, who share his vision of transforming financial transactions through innovative technology.

Conclusion

J Gordon Cooper's contributions to mobile financial transactions represent a significant advancement in the industry. His patent not only simplifies the process for consumers but also enhances the overall efficiency of financial services. His work continues to pave the way for future innovations in the field.