Company Filing History:
Years Active: 2024
Title: Innovator Spotlight: David Black and His Contribution to Cash Structuring Activity Monitoring
Introduction: David Black is an accomplished inventor based in Cincinnati, OH, known for his innovative approach to financial monitoring through technology. With a patent to his name, Black has significantly contributed to the field of cash structuring activity monitoring, showcasing the intersection of finance and advanced data analytics.
Latest Patents: David Black holds a patent titled "Systems and methods for cash structuring activity monitoring." This patent entails a sophisticated system that receives data linked to an account, consisting of multiple data points. The process involves generating a deep learning model using an ensemble teacher model, which contains several layers. Inputs determined to be daily inputs are thoroughly analyzed by the model, which extracts daily patterns and aggregates outputs to produce a combined score for the account. Notably, the system alerts users if this score diverges from predetermined thresholds, emphasizing its practical utility in financial management.
Career Highlights: David Black is currently employed at Fifth Third Bank, where he leverages his expertise to enhance the bank's financial services. His inventive work aligns with the company's commitment to innovation and customer service. The patent he holds not only highlights his skills but also represents a meaningful advancement in monitoring account activity more efficiently.
Collaborations: Throughout his career, David has worked alongside talented professionals, including his coworker Nathan Banks. Their collaboration promotes a culture of innovation at Fifth Third Bank, fostering an environment where new ideas can thrive and contribute to the company’s strategic goals.
Conclusion: David Black exemplifies the spirit of innovation within the financial sector. His patent for systems and methods of cash structuring activity monitoring showcases his forward-thinking approach to utilizing technology in finance. As he continues to develop and refine his contributions, Black remains a pivotal figure in bridging the gap between finance and technology.