Company Filing History:
Years Active: 2010
Title: Innovations in Credit Management: The Contributions of Mark Cisz
Introduction
Mark Cisz, an accomplished inventor based in Northport, NY, has made significant strides in the financial technology sector. Working at JPMorgan Chase Bank, he has utilized his expertise to develop inventive solutions that address the complexities of managing credit limits and improving transaction evaluations.
Latest Patents
Cisz holds a patent for a "Method and apparatus for managing credit limits." This innovative system categorizes credit requests into three distinct tiers. The first tier involves requests that require manual review by a credit executive, while the second tier can be processed by more junior credit personnel through a pre-approval procedure. The third tier allows computer processing for simpler requests. Additionally, Cisz's invention includes provisions for reallocating credit from other lines for requests that exceed established credit limits, providing flexibility and efficiency in credit management.
Career Highlights
Throughout his career at JPMorgan Chase Bank, Mark Cisz has demonstrated a commitment to enhancing financial transaction processes. His contributions have facilitated smoother operations within the bank, benefiting both clients and the institution itself.
Collaborations
In his journey of innovation, Cisz has worked alongside notable colleagues, including Andrew Helge Cox and Donna Dellosso. Their collaboration has further stimulated an environment of creativity and efficiency at JPMorgan Chase Bank, fostering the development of new financial solutions.
Conclusion
Mark Cisz's innovative approach to credit management represents a significant advancement in the financial services industry. His patent not only streamlines the evaluation of credit requests but also exemplifies the importance of technology in enhancing operational efficiency. As he continues to work at JPMorgan Chase Bank, his contributions are expected to influence the future of financial transactions and credit management practices.