Schenectady, NY, United States of America

Melvin Kurt Simmons


Average Co-Inventor Count = 4.7

ph-index = 7

Forward Citations = 231(Granted Patents)


Company Filing History:


Years Active: 2003-2006

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7 patents (USPTO):

Title: **Inventor Spotlight: Melvin Kurt Simmons**

Introduction

Melvin Kurt Simmons, a seasoned inventor located in Schenectady, NY, has made significant contributions to technology evidenced by his seven patents. His work spans various domains, including event phrase identification systems and methods for processing cash advance requests, showcasing his expertise in both data analysis and financial technologies.

Latest Patents

Simmons has been granted several patents, with his latest innovations centered on two major areas. The first patent, titled "Method and System for Event Phrase Identification," provides a system for identifying specific text within a word set. This method entails normalizing both target terms and text words to create a means for comparison. The system determines matches between normalized terms and words, establishing a process for identifying meaningful textual relationships based on predetermined criteria.

The second recent patent focuses on "Methods and Apparatus for Processing Cash Advance Requests." This patent describes a comprehensive system encompassing a data repository and a workflow management system designed to handle cash advance requests. It evaluates collateral information and assesses credit status, thus improving the efficiency of financial transactions.

Career Highlights

Throughout his professional journey, Melvin Simmons has been affiliated with notable companies such as GE Capital Commercial Finance Inc. and General Electric Capital Corporation. His roles in these organizations have allowed him to leverage his innovative mindset, contributing to advancements in both technology and financial services.

Collaborations

Simmons has worked alongside esteemed coworkers, including Walter Vincent Dixon III and William David Smith II. These collaborations have likely enriched his projects, fostering a diverse exchange of ideas and enhancing the inventive process.

Conclusion

Melvin Kurt Simmons exemplifies the innovative spirit through his remarkable patents and contributions to the fields of technology and finance. With an impressive record of invention, he continues to make an impact, paving the way for future advancements and inspiring the next generation of inventors.

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