Dennis H James, Jr

Title: Innovations by Dennis H James, Jr.

Introduction

Dennis H James, Jr. is an accomplished inventor based in Atlanta, GA. He has made significant contributions to the field of financial technology, holding 2 patents that showcase his innovative approach to managing financial accounts and offering credit.

Latest Patents

One of his latest patents is titled "System and method for dynamically managing a financial account." This invention focuses on dynamically managing a financial account based on risk modules, aggregated data, and individual behavior. The risk modules are calculated using current and real-time data, which are used in conjunction with prospective as well as current customer data. This innovation reduces the risk of loss associated with operating financial accounts by adjusting the parameters under which the accounts operate based on aggregated data and analysis from the risk models. This allows financial institutions to optimize their risk while attracting additional customers.

Another notable patent is "Location based credit." This method and system provide a way for lenders to offer credit to prospective borrowers based on their location. The lender first determines the borrower's location, which may be a commercial outlet, such as a retail store. They then reference the purchase history associated with the borrower at that location to assess creditworthiness. Based on location, purchase history, and creditworthiness, the lender can deliver a customized offer of credit, which may include suggested goods or services available at the borrower's location.

Career Highlights

Throughout his career, Dennis has worked with various companies, including Ccip Corp. and Compucredit Intellectual Property Holdings Corporation III. His experience in these organizations has contributed to his expertise in financial technology and innovation.

Collaborations

Dennis has collaborated with notable professionals in his field, including Chason Carroll and George Coutros. These collaborations have further enriched his work and expanded his impact in the industry.

Conclusion

Dennis H James, Jr. is a notable inventor whose work in financial technology has led to innovative solutions for managing financial accounts and offering credit. His contributions continue to influence the industry and pave the way for future advancements.