Lawrence Francis Buettner

Title: The Innovative Contributions of Lawrence Francis Buettner

Introduction

Lawrence Francis Buettner is a notable inventor based in Inverness, IL (US). He has made significant contributions to the field of electronic transactions, particularly in the processing of check-based payments. His innovative approach has paved the way for more secure and efficient payment systems.

Latest Patents

Buettner holds a patent for "Aggregation and processing of check-based payments." This patent involves a system and method for producing and processing electronic transactions, including electronic checks, in a secure manner. The invention features a secure server that provides an electronic check service, mapping payees to participating lockbox service providers. It also includes electronic payment instructions from the payor to the lockbox service providers to process payments to the payees. The patent ensures compliance with the Check21 Act by allowing checks to be printed and creating electronic images of both the front and back of the printed check.

Career Highlights

Buettner is associated with Deluxe Corporation, where he has been instrumental in developing innovative payment solutions. His work has contributed to enhancing the security and efficiency of electronic transactions, making a significant impact in the financial technology sector.

Collaborations

Some of his notable coworkers include Rodney Pete Springhetti and Samuel William Golbach. Their collaborative efforts have further advanced the development of secure electronic payment systems.

Conclusion

Lawrence Francis Buettner's contributions to the field of electronic transactions highlight his innovative spirit and dedication to improving payment processing systems. His patent for the aggregation and processing of check-based payments stands as a testament to his expertise and commitment to enhancing financial technology.