Company Filing History:
Years Active: 2024
Title: Innovations by Kristel Adler in Dynamic Payment Systems
Introduction
Kristel Adler is an innovative inventor based in Atlanta, GA (US). She has made significant contributions to the field of financial technology, particularly in developing systems that enhance the loan application process. Her work focuses on creating dynamic repayment structures that adapt to users' financial situations.
Latest Patents
Kristel Adler holds a patent for a "System, method, and computer readable storage medium to determine and accept dynamic payments in an open network." This invention allows users to apply for loans with a repayment structure that is not fixed but variable, based on a collection rate derived from historical financial data. For instance, the collection rate can be a fixed percentage of the user's monthly profits. This innovative approach ensures that monthly payments align more closely with the user's cash flow, thereby reducing the likelihood of default. She has 1 patent to her name.
Career Highlights
Kristel currently works at American Express Kabbage Inc., where she continues to develop and implement her innovative ideas in the financial sector. Her role involves leveraging technology to create solutions that benefit both the company and its customers.
Collaborations
Kristel collaborates with Robert Frohwein, who is also a key figure in the company. Their partnership fosters an environment of creativity and innovation, leading to the development of cutting-edge financial solutions.
Conclusion
Kristel Adler's contributions to dynamic payment systems represent a significant advancement in financial technology. Her innovative approach not only benefits users but also enhances the overall efficiency of loan repayment processes.