Company Filing History:
Years Active: 1991-1993
Title: Victor P. Elischer: Innovator in Transaction Processing Technology
Introduction
Victor P. Elischer is a notable inventor based in Richmond, CA (US). He has made significant contributions to the field of transaction processing technology, holding 2 patents that showcase his innovative approach to automating financial transactions.
Latest Patents
One of Victor's latest patents is the "Courtesy Amount Read and Transaction Balancing System." This invention involves a method and apparatus for processing predetermined numeric fields that contain handwritten numeric entries. The system subjects these numeric entries to character recognition analysis, associating a confidence level with each field. This confidence level reflects the degree of certainty with which the apparatus has recognized the numeric dollar amounts. The transaction is automatically balanced by computing a combined value of the recognized dollar amounts and comparing it with the transaction total. This entire process is performed automatically, without the need for human intervention to review or modify the recognized amounts.
Career Highlights
Victor P. Elischer is currently employed at TRW Financial Systems, Inc., where he continues to develop innovative solutions in financial technology. His work has significantly impacted the efficiency and accuracy of transaction processing systems.
Collaborations
Victor has collaborated with notable colleagues, including Ilan Keret and Milton Johnson, who have contributed to his projects and innovations in the field.
Conclusion
Victor P. Elischer's contributions to transaction processing technology demonstrate his commitment to innovation and efficiency. His patents reflect a deep understanding of automation in financial systems, paving the way for advancements in the industry.