Carol A Moody

Title: The Innovative Contributions of Carol A. Moody

Introduction

Carol A. Moody is a notable inventor based in Brooklyn, NY. She has made significant contributions to the field of online transactional services through her innovative patent. Her work focuses on enhancing the security and efficiency of transactions between buyers and sellers who have no prior relationship.

Latest Patents

Carol A. Moody holds a patent for a "System and method for a risk-based purchase of goods." This invention provides a framework for enabling online transactional services among sellers and buyers. The system includes a financial clearinghouse that assesses the risk classification of buyers in real-time using an online repository of credit information. Based on this classification, a risk-based discount fee is determined, which establishes the payment amount to the seller. If the transaction is authorized, the clearinghouse transmits the payment to the seller and sends an invoice to the buyer. This innovative system also includes a broker that facilitates online order acceptance and processing between buyers and sellers.

Career Highlights

Carol A. Moody is currently employed at Citibank, N.A., where she applies her expertise in financial technologies. Her role involves developing systems that enhance transactional security and efficiency. With her innovative mindset, she continues to contribute to advancements in the financial sector.

Collaborations

Some of her notable coworkers include Maria M. Mandler and Ann P. McLaughlin. Their collaborative efforts contribute to the innovative environment at Citibank, fostering the development of cutting-edge financial solutions.

Conclusion

Carol A. Moody's contributions to the field of online transactions through her innovative patent demonstrate her commitment to enhancing financial security and efficiency. Her work continues to influence the way transactions are conducted in the digital age.