Scott R Statland

Title: Scott R. Statland: Innovator in Electronic Transaction Systems

Introduction

Scott R. Statland is a notable inventor based in Mequon, Wisconsin, recognized for his contributions to electronic transaction systems. With a total of two patents to his name, Statland has made significant strides in enhancing the efficiency and security of transactions between consumers and businesses.

Latest Patents

Statland's latest patents include a "System for and method of effecting an electronic transaction." This innovative system outlines a method for performing transactions that involves generating a token to identify transaction data, storing this data, and facilitating the transaction process. His second patent, "Key loading systems and methods," focuses on systems and methods for loading a key to a terminal, which includes generating authentication requests and key requests to enhance security.

Career Highlights

Scott R. Statland is currently associated with Efunds Corporation, where he applies his expertise in developing advanced transaction systems. His work has contributed to the evolution of secure electronic transactions, making them more accessible and reliable for users.

Collaborations

Throughout his career, Statland has collaborated with notable colleagues, including Ian A. Lumsden and John R. Brittain, who have contributed to his projects and innovations.

Conclusion

Scott R. Statland's work in electronic transaction systems showcases his commitment to innovation and security in the financial technology sector. His patents reflect a deep understanding of the complexities involved in electronic transactions, positioning him as a key figure in this field.