Company Filing History:
Years Active: 2012-2020
Title: Innovations by Connie Koep
Introduction
Connie Koep is an accomplished inventor based in Rosemount, MN (US). She holds three patents, showcasing her contributions to the field of financial technology. Her work focuses on developing systems that enhance the efficiency of financial transactions.
Latest Patents
One of her latest patents is a method and system for funding a financial account. This innovative system generates and processes an electronic funding application. It includes a memory that stores instructions and a processor configured to execute these instructions. The system transmits the electronic funding application to a client and allows for the entry of financial data. This data includes a magnetic ink character recognition (MICR) line, a currency amount, and an account identifier. The system further transmits the financial data to a server, validating portions of the data by comparing it to valid demand deposit accounts. It converts the MICR line to an item compatible with an automated clearing house (ACH) network and submits the item along with the currency amount to the ACH network. This process facilitates the transfer of funds from the customer's demand deposit account to their financial account.
Career Highlights
Connie Koep has made significant strides in her career, particularly through her work at Efunds Corporation. Her innovative approach to financial applications has positioned her as a key player in the industry.
Collaborations
Connie has collaborated with notable coworkers, including Whitney Hilton Stewart and Robert Lawrence Hill. Their combined expertise has contributed to the successful development of her patented technologies.
Conclusion
Connie Koep's contributions to financial technology through her patents demonstrate her innovative spirit and dedication to improving financial systems. Her work continues to influence the industry positively.