Company Filing History:
Years Active: 2013
Title: Derrick Ruyoung Chao: Innovator in Personal Finance Technology
Introduction
Derrick Ruyoung Chao is an accomplished inventor based in San Francisco, CA, with a focus on enhancing consumer experience in online transactions and personal financial management. With two patents to his name, Derrick’s innovations are significant contributions to the fields of finance and technology.
Latest Patents
Derrick Chao's latest patents include two groundbreaking inventions. The first patent, titled "Real-time alert during online transaction," presents a system, methods, and computer program products designed to alert consumers during online transactions. This invention utilizes a browser add-on that detects ongoing transactions and connects to a financial management system to ensure that the consumer is notified if their actions may lead to exceeding budgets or dropping below bank account thresholds. Notifications can vary from passive alerts to active interventions, enabling consumers to make more informed financial decisions.
The second patent, "Personal financial manager with gift cards aggregation," offers a method for overseeing the usage of gift cards within a personal financial management application. This technology manages gift card balances and alerts users when a gift card is being utilized as a payment source, facilitating better tracking and management of financial resources.
Career Highlights
Derrick currently works at Intuit, Inc., a company well-known for its innovative financial software products that help individuals and businesses manage their finances effectively. His work involves developing technology that integrates seamlessly into users' financial lives, making complex transactions simpler and more intuitive.
Collaborations
Derrick collaborates with other talented professionals, including Mark Robert Shulman and Trevor D Dryer. Together, they contribute to the development of secure, user-friendly financial solutions that assist consumers in better managing their financial health.
Conclusion
Derrick Ruyoung Chao stands out as a prominent inventor in the realm of personal finance technology. With his innovative patents, he aims to empower users with tools that promote sound financial practices and enhance their online transaction experiences. Through his work at Intuit, Inc. and collaborations with industry experts, Derrick continues to make a lasting impact on the financial tech landscape.