Marilyn C Kane

Title: The Innovative Contributions of Marilyn C. Kane

Introduction

Marilyn C. Kane is a notable inventor based in Sanibel, Florida. She has made significant contributions to the field of financial technology through her innovative patent. Her work focuses on enhancing the efficiency and security of third-party transactions for account holders at financial institutions.

Latest Patents

Marilyn holds a patent titled "System and method for authorizing third-party transactions for an account at a financial institution on behalf of the account holder." This invention allows financial institutions to collect, process, transmit, and confirm authorizations for electronic payments and direct deposits on behalf of their customers. The method includes establishing a pre-existing list of prospective third-party participants, such as employers and billers, to streamline the authorization process. The system is designed to match specific account-holder requests to third-party participants, ensuring a smooth transaction experience.

Career Highlights

Marilyn C. Kane is associated with Bank of America Corporation, where she applies her expertise in financial technology. Her innovative approach has contributed to the development of systems that enhance customer experience and security in financial transactions.

Collaborations

Marilyn has worked alongside talented colleagues, including Penny L. Gerstner and Carrie L. Heise. Their collaborative efforts have further advanced the innovations within their field.

Conclusion

Marilyn C. Kane's contributions to financial technology through her patent demonstrate her commitment to improving transaction processes for account holders. Her work continues to influence the industry positively.