Location History:
- Crown Point, IN (US) (2015)
- Schaumburg, IL (US) (2013 - 2024)
Company Filing History:
3 out of 33 
2 out of 103 
2 out of 832,912 Years Active: 2013-2024
Title: Vicki L James: Innovator in E-Coupon Technology
Introduction
Vicki L James is a notable inventor based in Schaumburg, IL (US), recognized for her contributions to the field of electronic coupon technology. With a total of seven patents to her name, she has made significant strides in automating the clearing and settlement processes of electronic coupons.
Latest Patents
One of her latest patents is the E-Coupon settlement and clearing process. This innovative system automates the clearing and settlement of electronic coupons (E-Coupons) by leveraging existing technologies. It enables E-Coupon redemption at any merchant that has electronic funds transfer (EFT) capabilities, such as those accepting credit and debit cards. The system effectively reduces opportunities for fraud and eliminates the need for manual clearinghouse counting and sorting of coupons. Additionally, it provides an electronic audit trail for coupon redemption, linking specific purchases to specific coupons. After consumers register and select their coupons, they can use an E-Coupon card or account access device at a merchant's point-of-sale (POS) terminal. The values of the E-Coupons are deducted from the consumer's final amount due. Both consumer packaged goods manufacturers (CPGs) and merchants may incur a fee for this service. Expired coupons are automatically removed from the account, and their value is refunded to the CPGs. Reports on redeemed coupons and consumer profiles can also be generated and provided to CPGs or merchants.
Career Highlights
Vicki has worked with Metavante Corporation, where she further honed her skills in technology and innovation. Her work has had a lasting impact on the way electronic coupons are managed and utilized in retail environments.
Collaborations
Throughout her career, Vicki has collaborated with notable individuals such as Jeffrey Jay Erdmann and Michael D Carow, contributing to the advancement of her projects and innovations.
Conclusion
Vicki L James stands out as a pioneering inventor in the realm of electronic coupon technology. Her innovative solutions have transformed the way consumers and merchants interact with coupons, making the process more efficient and secure.