Location History:
- Highlands Ranch, CO (US) (2006 - 2009)
- Houston, TX (US) (2011)
Company Filing History:
Years Active: 2006-2011
Title: Innovations by Inventor Sharat Shankar
Introduction
Sharat Shankar is an accomplished inventor based in Highlands Ranch, Colorado. He has made significant contributions to the field of financial technology, holding a total of 4 patents. His work focuses on systems and methods that enhance the efficiency and accuracy of financial transactions.
Latest Patents
One of Shankar's latest patents is titled "Systems and methods for selectively accessing or using financial account data for subsequent risk determination." This invention provides a framework for determining when and from what source to access information from a demand deposit account (DDA) related to a check or other payment transaction. It allows for the integration of DDA information into a risk assessment process, improving the overall effectiveness of transaction evaluations. Another notable patent is "Systems and methods for accessing reconcilement information." This invention assists check-cashing entities in efficiently locating relevant positive pay information or other reconcilement data regarding checks presented for cashing or deposit.
Career Highlights
Sharat Shankar is currently employed at First Data Corporation, a leading provider of payment technology and services. His role involves developing innovative solutions that streamline financial processes and enhance transaction security. His expertise in financial technology has positioned him as a valuable asset to his organization.
Collaborations
Shankar has collaborated with notable colleagues, including Randy J Templeton and Leslie Michelassi. These partnerships have fostered a creative environment that encourages the development of groundbreaking financial solutions.
Conclusion
Sharat Shankar's contributions to financial technology through his patents and work at First Data Corporation highlight his innovative spirit and dedication to improving financial transactions. His inventions continue to influence the industry and pave the way for future advancements.