Company Filing History:
Years Active: 2009-2015
Title: Innovations by John Daniel Shaver
Introduction
John Daniel Shaver is an accomplished inventor based in Charlotte, NC (US). He has made significant contributions to the field of currency handling and payment processing. With a total of 3 patents, Shaver's work focuses on enhancing the efficiency and accuracy of cash management systems.
Latest Patents
One of Shaver's latest patents is for a Commercial Currency Handling and Servicing Management system. This invention provides an end-to-end currency handling and servicing apparatus that can be utilized in any cash-centric business. The apparatus facilitates cash register till setup and balancing, back office reconciliation, and other cash payment handling activities. Additionally, it offers real-time access to cash receipts, aiding enterprises in making informed financial and planning decisions.
Another notable patent is related to Payment Handling. This system outlines methods for processing payments at points of sale or remote payment acceptance locations. It includes receiving payments and identifying data associated with the payment, such as the amount. The data is transmitted over a computer network and stored in a data store linked to a customer account. This allows for rapid updates to the customer account balance, enhancing the overall payment experience.
Career Highlights
Shaver is currently employed at Bank of America Corporation, where he applies his innovative ideas to improve financial services. His work has had a significant impact on the efficiency of cash handling and payment processing within the banking sector.
Collaborations
Throughout his career, Shaver has collaborated with notable colleagues, including Shane Anthony Johnson and John Scott Walbert. These partnerships have contributed to the development of his innovative solutions.
Conclusion
John Daniel Shaver's contributions to currency handling and payment processing demonstrate his commitment to innovation in the financial sector. His patents reflect a deep understanding of the needs of cash-centric businesses and the importance of efficient payment systems.