Company Filing History:
Years Active: 2002-2014
Title: Kevin M Sullivan: Innovator in Financial Technology
Introduction
Kevin M Sullivan is a prominent inventor based in Wilmington, Delaware, known for his contributions to financial technology. With a total of nine patents to his name, Sullivan has developed innovative systems that enhance the efficiency of brokerage and investment services. His work focuses on creating methods that streamline financial transactions and improve customer experiences.
Latest Patents
One of Sullivan's latest patents is titled "System and method for administering a brokerage rebate card program." This invention introduces a technique for managing a rebate program that generates rebate information based on purchases made with a card instrument. The system allows for the application of rebates to fund part of transactions performed by a brokerage service, enabling cardholders to conduct transactions without incurring fees. This innovation effectively converts rebates into 'free transactions' or 'free trades.'
Another significant patent is the "Mutual fund card method and system." This computerized method establishes a card payment instrument account for approved customers alongside an investment account. Periodic rebates are calculated based on credit card usage, which are then applied to fund the investment account. This approach ensures that the investment account is solely funded through the card payment instrument account, providing a unique financial solution for customers.
Career Highlights
Throughout his career, Kevin M Sullivan has worked with notable financial institutions, including JPMorgan Chase Bank and First USA Bank. His experience in these organizations has contributed to his understanding of the financial sector and the development of his innovative solutions.
Collaborations
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Conclusion
Kevin M Sullivan's innovative patents in financial technology demonstrate his commitment to enhancing the efficiency of brokerage and investment services. His work continues to influence the industry and improve customer experiences in financial transactions.