Carol Realini

Title: The Innovative Mind of Carol Realini

Introduction

Carol Realini is a pioneering inventor based in Woodside, California. She has made significant contributions to the field of mobile banking through her innovative ideas and solutions. With a focus on enhancing financial systems, Realini has developed a unique approach that streamlines operations and reduces costs.

Latest Patents

One of her notable patents is for a "Virtual pooled account for mobile banking." This invention introduces a system that utilizes a virtual pooled account to operate with multiple financial partners. Instead of maintaining separate general ledgers for each financial institution, her system consolidates these into one general virtual pooled account. This innovation not only simplifies the banking process but also reduces settlement and operational costs. The owner of the virtual pooled account benefits from the float generated, which is then distributed among the financial partners according to a specific formula.

Career Highlights

Carol Realini is currently associated with Obopay, Inc., where she continues to develop and implement her innovative ideas in the financial technology sector. Her work has been instrumental in shaping the future of mobile banking and enhancing user experiences.

Conclusion

Carol Realini's contributions to mobile banking through her patent and work at Obopay, Inc. highlight her role as a significant innovator in the financial technology landscape. Her inventions pave the way for more efficient banking solutions that benefit both institutions and consumers.