Company Filing History:
Years Active: 2009-2010
Title: Paul D. Dauben: Innovator in Check Processing Technology
Introduction
Paul D. Dauben is a notable inventor based in Houston, TX, who has made significant contributions to the field of check processing technology. With a total of 2 patents to his name, Dauben has developed innovative systems that enhance the efficiency and accuracy of financial transactions.
Latest Patents
One of Dauben's latest patents is titled "Systems and methods for processing check identifiers using replacement symbols." This invention addresses the challenges associated with original check identifiers in MICR format, which include separator symbols that are not typically found on standard computer keyboards. The system instructs users to replace these separator symbols with more accessible replacement symbols during the entry of check identifiers via computer or telephone. This method allows for the clear separation of fields within the check identifier, such as the routing number, account number, and check number. Once the fields are distinguished, the system accurately identifies the routing number, account number, and check number, streamlining the check processing workflow.
Career Highlights
Paul D. Dauben is currently employed at First Data Corporation, where he continues to innovate in the financial technology sector. His work focuses on improving systems that facilitate secure and efficient processing of financial transactions.
Collaborations
Dauben collaborates with his coworker, Daniel Ahles, to further enhance the capabilities of their projects and drive innovation within their team.
Conclusion
Paul D. Dauben's contributions to check processing technology exemplify the impact of innovative thinking in the financial sector. His patents not only improve user experience but also enhance the overall efficiency of financial transactions.