Company Filing History:
Years Active: 2011-2013
Title: Innovations of Peter Gore: Pioneering Compliance in Money Transfers
Introduction
Peter Gore is an innovative inventor based in Peterborough, GB, known for his contributions to the financial technology sector. With a total of two patents to his name, he has made significant advancements in the processing of money transfers by enhancing compliance mechanisms.
Latest Patents
The latest patents granted to Peter Gore include groundbreaking solutions for global compliance processing systems tailored for money transfer systems. One of his patents introduces a data processing system that integrates a rules database and a customer database. This system is responsive to transaction requests linked to money transfers and ensures compliance with governmental regulations. The rules database covers various transaction rules, such as location-based, transaction type-based, customer-based, aggregated transaction value, and currency exchange rules, some of which have specified aggregation thresholds.
Another patent further refines the money transfer process by implementing a transaction processing system connected to the same databases. This enhanced system features multiple components, including point of entry ports, a customer identifier, a rules coordinator, an aggregation engine, and a transaction rules service. It efficiently handles transaction requests, identifies customers, applies the appropriate rules, and determines aggregation values, all while updating the customer database with relevant transaction details.
Career Highlights
Peter Gore is currently associated with MoneyGram International, Inc., where he has played a crucial role in developing these advanced compliance processing systems. His work is pivotal in ensuring that money transfers adhere to regulatory standards, thus facilitating smooth and lawful transactions across borders.
Collaborations
Throughout his career, Peter has collaborated with talented professionals, including Shannon Lee Bennett and Diana Chauvin. Their collective expertise contributes to the innovative solutions developed within their framework at MoneyGram International, reinforcing the brand's commitment to compliance and efficiency.
Conclusion
In conclusion, Peter Gore exemplifies the spirit of innovation in the financial technology domain. His patents not only improve the operations of money transfer systems but also bolster compliance, thereby ensuring a secure and reliable transfer of funds globally. As Peter continues to evolve as an inventor, the impact of his work may pave the way for future advancements in the industry.