Location History:
- Arlington, TX (US) (2012 - 2014)
- Mansfield, TX (US) (2012 - 2021)
Company Filing History:
Years Active: 2012-2021
Title: The Innovations of Clarence Edward Lee, II
Introduction
Clarence Edward Lee, II is a notable inventor based in Mansfield, TX (US). He has made significant contributions to the field of financial technology, holding a total of 8 patents. His work focuses on enhancing the efficiency and security of financial transactions through innovative systems and methods.
Latest Patents
One of his latest patents is titled "Cross border image exchange." In this invention, one or more processors receive a financial instrument via an interface. The financial instrument indicates attributes of a financial transaction. The processors determine, based on one or more of the attributes, whether the financial transaction involves a cross border exchange. If the financial transaction involves a cross border exchange, the processors flag the financial instrument accordingly, perform a currency conversion, and communicate an electronic image associated with the financial instrument to computing resources configured to complete the financial transaction electronically without having to transport a paper copy of the financial instrument between financial institutions.
Another significant patent is the "System and method for transferring image systems of different types between computers in a single data packet." This invention features an image item processing engine for image item exchange that may receive an image item data packet including two image items. Each image item includes a digital image documenting an action for a recipient institution and associated metadata. The metadata may identify the image item sender and a country associated with an image item, the packet originator, or the recipient institution. The engine applies sorting rules to determine item types for the first and second image items based on their metadata, determines a recipient institution for the packet based on the item types, assembles a data transfer packet including the digital images and metadata, and provides the data transfer packet to a transfer packet routing service for routing to the selected recipient institution.
Career Highlights
Clarence Edward Lee, II is currently employed at Bank of America Corporation, where he continues to innovate in the financial technology sector. His work has been instrumental in developing systems that streamline financial processes and enhance transaction security.
Collaborations
Throughout his career, Clarence has collaborated with notable colleagues, including Lowell Robert Huff and George Miller Abernethy. These collaborations have contributed to the advancement of his innovative projects and patents.
Conclusion
Clarence Edward Lee, II is a distinguished inventor whose work in financial technology has led to multiple patents that improve the efficiency and security of financial transactions
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.