Philip C Shinn

Title: The Innovative Contributions of Philip C. Shinn

Introduction

Philip C. Shinn is a notable inventor based in Los Angeles, California. He has made significant contributions to the field of financial technology, holding a total of six patents. His work primarily focuses on systems and methods that enhance the efficiency of financial transactions.

Latest Patents

One of Philip C. Shinn's latest patents is a system and method for automated debiting and settling of financial transactions. This innovative method allows a bank customer to enter a foreign-branch bank and request emergency cash. The customer communicates with an interactive voice response system in their preferred language. The system connects the customer with their home bank, which approves the emergency cash request. A network in communication with the voice response system and the issuer automatically initiates an online debiting of the customer's account. Additionally, the network facilitates the settlement between the acquirer and the issuer through settlement accounts.

Career Highlights

Throughout his career, Philip C. Shinn has worked with prominent financial institutions, including Citicorp Development Center, Inc. and Citibank, N.A. His experience in these organizations has contributed to his expertise in developing innovative financial solutions.

Collaborations

Philip has collaborated with notable professionals in the industry, including Ronald Padalino and Nigel Pinnell. These collaborations have further enriched his work and contributed to the development of his patents.

Conclusion

Philip C. Shinn's contributions to financial technology through his patents demonstrate his innovative spirit and commitment to improving financial transactions. His work continues to influence the industry and pave the way for future advancements.