Company Filing History:
Years Active: 2021-2025
Title: Innovations by Derek D Mohr
Introduction
Derek D Mohr is an accomplished inventor based in Cornelius, NC (US). He has made significant contributions to the field of payment systems, holding a total of 5 patents. His work focuses on enhancing the efficiency and accessibility of financial transactions.
Latest Patents
One of Derek's latest patents is for an "Instant network cash transfer at point of sale." This innovation involves point of sale (POS) devices, systems, and methods that enable merchants to make payments to non-customers, such as employees. The system determines the payment amount and transmits instructions to a payment system provider. This allows funds to be made available in the employee's bank account instantly or near instantly.
Career Highlights
Derek currently works at Wells Fargo Bank, N.A., where he applies his expertise in financial technology. His role involves developing innovative solutions that streamline payment processes and improve customer experiences.
Collaborations
Derek has collaborated with notable coworkers, including Theresa Ann Clements and Daniel David. Their combined efforts contribute to the advancement of payment technologies within the organization.
Conclusion
Derek D Mohr's contributions to payment systems through his patents reflect his commitment to innovation in financial technology. His work continues to influence the way transactions are conducted, making them more efficient and accessible.