Marcos Rosenberg

Title: Innovations by Marcos Rosenberg in Banking Technology

Introduction

Marcos Rosenberg is an accomplished inventor based in Charlotte, NC (US). He has made significant contributions to the field of banking technology, particularly in cash remittance systems. With a total of 2 patents, his work has the potential to transform how financial transactions are conducted across borders.

Latest Patents

Rosenberg's latest patents include a method and system for cash remittances using a two-country banking structure. This innovative approach allows a bank customer of a first bank in one country to send cash to a recipient in a second country through a commingled bank account at a second bank. The process involves the first bank debiting the customer's account and sending payment instructions to the second bank, which then facilitates the transfer of funds to the recipient in the currency of the second country. This banking service may even be provided free of charge to customers, enhancing accessibility and convenience.

Career Highlights

Marcos Rosenberg is currently employed at Bank of America Corporation, where he continues to develop and refine banking solutions. His expertise in financial technology has positioned him as a key player in the industry, contributing to advancements that benefit both banks and their customers.

Collaborations

Rosenberg has worked alongside notable colleagues such as Thomas D Avazian and Miguel Cintron. Their collaborative efforts have fostered an environment of innovation and creativity within the organization.

Conclusion

Marcos Rosenberg's contributions to banking technology through his patents and work at Bank of America Corporation highlight his role as a forward-thinking inventor. His innovations in cash remittance systems are paving the way for more efficient and user-friendly banking experiences.