Location History:
- Richardson, TX (US) (1977 - 1978)
- Irving, TX (US) (1980 - 1987)
Company Filing History:
5 out of 114 
1 out of 15 
2 out of 832,718 Years Active: 1977-1987
Title: Innovations by James O Lafevers
Introduction
James O Lafevers is a notable inventor based in Richardson, TX (US), recognized for his contributions to automated banking technology. He holds a total of 8 patents, showcasing his innovative spirit and technical expertise in enhancing customer transaction experiences.
Latest Patents
Among his latest patents is the "Apparatus for completing a customer initiated ATM transaction." This invention aims to reduce customer transaction time at automated teller machines (ATMs) by utilizing dedicated processors and memory for each peripheral device. The ATM's design allows for simultaneous processing of transaction events, enabling activities such as card reading, PIN entry, and receipt printing to occur concurrently. This innovation significantly decreases the time required for customers to complete their transactions.
Another significant patent is the "Dispenser picker apparatus." This invention focuses on the document dispenser used in banking ATMs, which delivers bank notes to customers. The picker mechanism, equipped with vacuum cups, efficiently lifts bank notes from a storage bin for delivery. The design includes a vacuum/pressure supply that synchronizes with the picker mechanism's operation, ensuring smooth and reliable dispensing of cash. Additionally, the document dispenser features a tamper-proof cassette configuration, enhancing security during servicing.
Career Highlights
James O Lafevers has worked with various companies, including Recognition Equipment Incorporated, where he applied his innovative ideas to improve banking technologies. His work has had a lasting impact on the efficiency and security of automated banking transactions.
Collaborations
Throughout his career, Lafevers has collaborated with notable individuals such as Charles T Kao and Richard T Kushmaul. These partnerships have contributed to the development of advanced technologies in the banking sector.
Conclusion
James O Lafevers is a distinguished inventor whose work in automated banking technology has led to significant advancements in customer transaction efficiency. His patents reflect a commitment to innovation and improving user experiences in financial services.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.