Stephen M Gryte

Title: The Innovations of Stephen M Gryte

Introduction

Stephen M Gryte is a notable inventor based in Los Angeles, California. He has made significant contributions to the field of technology, particularly in the area of electronic image processing. With a total of seven patents to his name, Gryte has demonstrated a commitment to innovation and advancement in commercial environments.

Latest Patents

One of Gryte's latest patents is a system and method for image depositing, image presentment, and deposit taking in a commercial environment. This method provides for scanning a check and/or cash to create an electronic image of both the front and back of the instrument. The image is then processed and transmitted electronically to a central location. At this central location, the image can be recreated into a paper form that resembles the original check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. This innovation allows for paperless processing of checks and cash, including local voiding and storage of the check without requiring immediate pickup, while still enabling the transaction to be processed.

Career Highlights

Gryte has worked with several prominent companies throughout his career, including Citicorp Development Center, Inc. and Transaction Technology Inc. His experience in these organizations has contributed to his expertise in developing innovative solutions for financial transactions.

Collaborations

Some of Gryte's notable coworkers include Michael L Sears and Phoebe Rin-Rin Hsu. Their collaboration has likely played a role in the development of Gryte's innovative technologies.

Conclusion

Stephen M Gryte is a distinguished inventor whose work in electronic image processing has paved the way for advancements in commercial transactions. His patents reflect a deep understanding of technology and its applications in the financial sector.