Company Filing History:
Years Active: 2003-2018
Title: Scott Alan Banister: Innovator in Value Exchange Technologies
Introduction
Scott Alan Banister is a notable inventor based in Menlo Park, CA. He has made significant contributions to the field of value exchange technologies, holding a total of 3 patents. His work focuses on facilitating transactions through mobile devices, enhancing the way individuals and businesses conduct exchanges.
Latest Patents
Banister's latest patents include innovative systems and methods for facilitating value exchanges using mobile devices. One of his patents describes a system where a first party initiates a transaction by selecting or providing an identifier of another party and the value to be exchanged. The second party can be identified through pre-existing identifiers such as email addresses or telephone numbers. The system notifies the second party of the transaction and invites them to register if they are not already a user. This system includes a synchronization server for exchanging transaction details, a communication server for registering new users, and a financial server for interacting with external financial institutions. Another patent outlines a similar system for electronically exchanging value among distributed users, emphasizing the ease and efficiency of mobile transactions.
Career Highlights
Throughout his career, Scott Banister has worked with prominent companies such as PayPal, Inc. and America Online, Inc. His experience in these organizations has allowed him to develop and refine his innovative ideas in the realm of digital transactions.
Collaborations
Banister has collaborated with notable figures in the tech industry, including Max Levchin and Luke Paul Nosek. These partnerships have contributed to the advancement of his projects and the overall growth of the technology sector.
Conclusion
Scott Alan Banister is a pioneering inventor whose work in value exchange technologies has significantly impacted the way transactions are conducted in the digital age. His patents and career achievements reflect his commitment to innovation and excellence in the field.