Company Filing History:
Years Active: 2014
Title: Jacob W. Wagner: Innovator in Money Transfer Technology
Introduction
Jacob W. Wagner is a notable inventor based in Carver, Minnesota, who has made significant contributions to the field of money transfer technology. With a focus on enhancing the efficiency and cost-effectiveness of money transfer transactions, Wagner has developed innovative solutions that streamline the process for users.
Latest Patents
Wagner holds a patent for a system titled "Send and receive side control of money transfer parameters." This invention involves a computer system designed to facilitate 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 selecting the one with the lowest fee. The send amount and associated fee for the chosen location are collected from the sender, and all relevant information is stored in a money transfer server.
Career Highlights
Jacob W. Wagner is currently employed at MoneyGram International, Inc., where he applies his expertise in developing innovative money transfer solutions. His work has contributed to the company's reputation as a leader in the financial services industry.
Collaborations
Wagner collaborates with talented professionals, including Angela Marie Runkle and Adam Gerety, who share his commitment to advancing money transfer technology.
Conclusion
Jacob W. Wagner's innovative approach to money transfer technology exemplifies the impact of inventors in enhancing financial transactions. His patent and contributions at MoneyGram International, Inc. highlight the importance of innovation in the financial services sector.