Douglas A Filak

Title: Innovations by Douglas A. Filak

Introduction

Douglas A. Filak is an accomplished inventor based in Kennett Square, PA (US). He has made significant contributions to the field of financial services through his innovative patents. With a total of 2 patents, Filak has focused on enhancing user experience in account management.

Latest Patents

One of his latest patents is a "System and method for establishing or modifying an account with user selectable terms." This invention allows account holders to easily customize the terms of various accounts, including loan, asset, mortgage, insurance, and brokerage accounts. The exemplary embodiments enable users to specify preferred terms such as cost, rewards programs, card design, affiliates, credit line, and payment due date. The financial service provider, such as the issuing bank, can make these terms easily accessible through an internet website or an automated phone system. This innovation allows users to specify their preferences effortlessly and can be applied to both new and existing accounts. The customization methods dynamically update available terms as users select their desired options.

Career Highlights

Douglas A. Filak is currently employed at JPMorgan Chase Bank, N.A., where he continues to develop innovative solutions in the financial sector. His work focuses on improving customer engagement and satisfaction through technology-driven methods.

Collaborations

Some of his notable coworkers include Mary Carter Warren and Marc Fredman, who contribute to the collaborative environment at JPMorgan Chase Bank.

Conclusion

Douglas A. Filak's contributions to the field of financial services through his innovative patents demonstrate his commitment to enhancing user experience. His work continues to influence the way account management is approached in the banking industry.