This inventor holds 3 USPTO granted patents. Top assignees: Block, Inc., Square, Inc.. Active years: 2021-2026.
Company Filing History:
Years Active: 2021-2026
Title: Innovations by Jerome Weiss
Introduction
Jerome Weiss is an accomplished inventor based in San Francisco, CA. He holds 3 patents that showcase his expertise in the field of financial technology. His innovative approaches have contributed significantly to the way credit offers are assessed and provided.
Latest Patents
One of his latest patents involves a system that generates credit offers based on non-transactional data. In this system, first transaction data is received for transactions processed by a payment service. A model is used to determine the probability of default for a user, which then leads to the generation of a first offer of credit. The system also incorporates third-party information to assess additional income for the user, allowing for a second offer of credit based on updated financing factors. Another patent focuses on calculating a financing factor for merchants based on transaction data, which is then used to update credit offers based on additional future revenue indications.
Career Highlights
Jerome Weiss has worked with notable companies such as Block, Inc. and Square, Inc. His experience in these organizations has allowed him to refine his skills and contribute to significant advancements in payment processing and credit assessment technologies.
Collaborations
He has collaborated with professionals like Philip Spanoudes and Melissa Doerken, enhancing the innovative processes within his projects.
Conclusion
Jerome Weiss's contributions to the field of financial technology through his patents and collaborations highlight his role as a significant inventor. His work continues to influence how credit offers are generated and assessed in the modern financial landscape.