Richard Elliott Greer

Title: Richard Elliott Greer: Innovator in Financial Technology

Introduction

Richard Elliott Greer is a notable inventor based in Greenville, SC (US). He has made significant contributions to the field of financial technology, holding a total of 3 patents. His innovative ideas have paved the way for new systems that enhance consumer experiences in credit and payment processing.

Latest Patents

One of Greer's latest patents is the "Credit card offer and activation system and method." This invention provides a method and system for offering and activating a credit card and credit line to consumers. The system allows consumers to choose from a variety of credit cards, and upon selection, an immediate authorization request is made. This request is processed quickly, allowing for rapid approval or disapproval based on the applicant's financial status. Once activated, the credit card can be used for various purchases.

Another significant patent is the "Point of sale purchase system." This system enables merchants to extend credit to customers by establishing accounts that can be paid off after the customer's next payday. The merchant system recognizes unique customer identifiers, facilitating transactions that are approved through a server system. This innovation streamlines the purchasing process for both merchants and consumers.

Career Highlights

Throughout his career, Richard Elliott Greer has worked with several companies, including Compucredit Intellectual Property Holdings Corp. and Dart, Inc. His experience in these organizations has contributed to his expertise in developing innovative financial solutions.

Collaborations

Greer has collaborated with notable individuals in the industry, including Donald R. Futch and Jay Giesen. These partnerships have likely influenced his work and contributed to the success of his inventions.

Conclusion

Richard Elliott Greer is a distinguished inventor whose work in financial technology has led to the development of innovative systems that improve consumer access to credit. His patents reflect a commitment to enhancing the financial landscape, making him a significant figure in the industry.