Nancy T Riter

Title: The Innovative Contributions of Nancy T Riter

Introduction

Nancy T Riter is a notable inventor based in Pleasanton, CA (US). She has made significant contributions to the field of online payment systems, holding 2 patents that enhance the efficiency and functionality of financial transactions. Her work is particularly relevant in today's digital economy, where seamless payment solutions are essential.

Latest Patents

Riter's latest patents include an "On-line payments facility" and a "Simple on-line payments facility." The "On-line payments facility" patent describes a computer system that implements a counterparty management module and a payment module for processing employee direct payroll deposits. This system allows employers to manage employee bank accounts and streamline payroll processes through an online banking interface. The "Simple on-line payments facility" patent provides a user-friendly payment interface that supports multiple users per customer, ensuring proper roles and financial controls. It simplifies the payment process by automatically routing payments and notifying users of important events.

Career Highlights

Nancy T Riter is currently employed at Wells Fargo Bank, N.A., where she applies her expertise in developing innovative payment solutions. Her work at the bank has positioned her as a key player in enhancing the banking experience for both employers and employees.

Collaborations

Throughout her career, Riter has collaborated with talented individuals such as Adam E Vancini and Timothy J Dailey. These collaborations have contributed to the development of her innovative patents and have fostered a creative environment for problem-solving in the financial sector.

Conclusion

Nancy T Riter's contributions to online payment systems demonstrate her commitment to innovation and efficiency in financial transactions. Her patents reflect a deep understanding of the needs of modern banking, making her a valuable asset in the industry.