This inventor holds 3 USPTO granted patents. Top assignee: Bank of America Corporation. Active years: 2020-2024.
Company Filing History:
Years Active: 2020-2024
Title: The Innovative Contributions of James N Reid
Introduction
James N Reid is a notable inventor based in Schuyler, NY (US). He has made significant contributions to the field of technology, particularly in the area of financial security and check processing. With a total of 3 patents to his name, Reid's work has had a meaningful impact on how unauthorized activities are detected and resolved in banking systems.
Latest Patents
Reid's latest patents include "Dynamic Unauthorized Activity Detection" and "Automated Check Encoding Error Resolution." The first patent focuses on systems designed to detect unauthorized activity dynamically. It involves receiving issue data from customers, which includes metadata related to checks issued by them. As these checks are cashed, they are evaluated for potential unauthorized activity using machine learning techniques. This innovative approach allows for timely identification and execution of necessary actions to mitigate risks.
The second patent, "Automated Check Encoding Error Resolution," enhances check processing systems by improving validation features and information security. This system determines whether a correlation between source data and metadata associated with a check meets a predetermined threshold. If discrepancies are found, the system directs an OCR computing system to perform character recognition on the check. This ensures that any errors are corrected efficiently, thereby streamlining the payment process.
Career Highlights
James N Reid is currently employed at Bank of America Corporation, where he applies his expertise in developing advanced financial technologies. His work has contributed to enhancing the security and efficiency of banking operations. Reid's innovative solutions have positioned him as a valuable asset in the financial technology sector.
Collaborations
Reid has collaborated with several talented individuals in his field, including Darlene D Meunier and Linda D Suarez. These collaborations have fostered a creative environment that encourages the development of cutting-edge solutions in financial technology.
Conclusion
James N Reid's contributions to the field of technology, particularly in banking security and check processing, demonstrate his innovative spirit and commitment to improving financial systems. His patents reflect a deep understanding of the challenges faced in the industry and provide effective solutions to address them.