Company Filing History:
3 out of 505 
1 out of 544 
Years Active: 2013-2014
Title: **Wayne Wellbaum: Innovator in Banking Technology**
Introduction
Wayne Wellbaum, an accomplished inventor based in Canton, OH, has made significant contributions to the banking technology sector. With a total of four patents to his name, Wellbaum's innovative designs and ideas have transformed the way financial transactions are conducted.
Latest Patents
One of Wellbaum's latest patents focuses on a "Banking system controlled responsive to data bearing records." This patent describes an automated banking machine capable of executing financial transfers based on data read from various recording mediums. The machine is equipped with a card reader that interprets data from user cards linked to financial accounts. It ensures that any card data corresponds to authorized stored data for conducting transactions. Additionally, it provides users with transaction receipts and assesses the value of cash dispensed or received, crediting these amounts to the respective financial accounts.
Career Highlights
Wellbaum's career has seen him working with notable companies, including the Diebold Self-Service Systems Division of Diebold, Inc. and Diebold, Inc. His tenure at these organizations has played a crucial role in his development as an inventor, allowing him to explore and create advancements in banking technology.
Collaborations
Throughout his career, Wellbaum has collaborated with esteemed coworkers such as David Vidmar and Jeffrey M. Eastman. These partnerships have enriched his experience and have contributed to the innovations he developed, particularly in the domain of automated banking systems.
Conclusion
Wayne Wellbaum's innovative spirit and dedication to enhancing banking systems through technology exemplify the impactful role inventors play in shaping financial services. His work, particularly the development of automated banking machines, continues to influence the industry and improve user experiences in financial transactions. With a solid portfolio of patents, Wellbaum stands as a testament to the power of innovation in transforming everyday banking processes.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.