Company Filing History:
Years Active: 2008-2011
Title: Innovations by Mark P Jacobsen
Introduction
Mark P Jacobsen is a notable inventor based in Arlington, VA, with a significant contribution to the field of banking and finance through his innovative patents. He holds a total of 13 patents, showcasing his expertise and dedication to enhancing financial processes.
Latest Patents
Jacobsen's latest patents include an automated method and article of manufacture for fully insuring large bank deposits via a network of banks. This invention addresses the challenge of processing large deposits that exceed established deposit insurance limits, ensuring that these deposits are fully insured. The method involves receiving large deposits from multiple unaffiliated banks and processing orders through a central processor. The processor compares each order to a preset maximum order amount and partitions the deposits into smaller portions that comply with insurance limits. Additionally, he has developed a similar automated method for fully insuring large deposits received from various custodians, further enhancing the security of large financial transactions.
Career Highlights
Throughout his career, Jacobsen has worked with prominent companies such as Promontory Interfinancial Network, LLC, where he has contributed to the development of innovative financial solutions. His work has significantly impacted the way large deposits are managed and insured, providing greater security for depositors.
Collaborations
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Conclusion
Mark P Jacobsen's contributions to the field of banking through his innovative patents demonstrate his commitment to improving financial security and efficiency. His work continues to influence the industry and pave the way for future advancements.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.