Company Filing History:
Years Active: 2001-2016
Title: The Innovative Contributions of Steven R. Davis in Banking Technology
Introduction
Steven R. Davis, an accomplished inventor based in North Lawrence, OH, has made significant strides in the realm of banking technology, holding a total of 28 patents. His innovative solutions aim to enhance deposit management systems, making banking processes more efficient and user-friendly.
Latest Patents
Among his latest inventions, Davis developed a banking system that operates in response to data read from data-bearing records. This deposit management system is primarily associated with financial funds depositories, enabling them to accept items like deposit bags. Each depository is equipped with a bar code reader capable of interpreting data from deposit bag labels. This system allows merchants to preregister a deposit before making a transaction, linking each preregistered deposit to a unique identifier stored in a data repository.
The system's intelligence automatically unlocks the deposit entry door once a corresponding deposit identifier is recognized, facilitating smooth and secure deposit processes. Additionally, it provides merchants with the ability to review their deposit history, thus enhancing transparency and financial control.
Career Highlights
Davis has had an impressive career, primarily serving in notable positions at Diebold, Inc. and its Self-service Systems Division. His work here not only showcases his commitment to banking innovation but also reflects the practical impact of his inventions on the industry.
Collaborations
Throughout his career, Davis has collaborated with esteemed colleagues, including Robert V. Artino and Mark A. DePietro. Their combined expertise has significantly contributed to the advancements of banking technologies, allowing for the implementation of innovative and efficient solutions in the financial sector.
Conclusion
Steven R. Davis stands out as a remarkable inventor whose contributions to banking technology have paved the way for more efficient deposit management systems. Through his innovative patents and collaborations, he continues to shape the future of banking services, making them more accessible and secure for merchants and consumers alike.