Neil P Marcous

Title: Neil P. Marcous: Innovator in Electronic Data Systems

Introduction

Neil P. Marcous is a notable inventor based in Mountain Lakes, NJ (US). He has made significant contributions to the field of electronic data management and financial transactions. With a total of 2 patents, Marcous has developed innovative solutions that enhance the efficiency and security of data handling and monetary transfers.

Latest Patents

Marcous's latest patents include a report database system and a system for electronic transfer of funds. The report database system describes a method for storing and retrieving reports from a computer database while controlling access to both the database and the reports. This system allows reports to be stored temporarily in a current database and permanently in a library database. It generates indices that relate data elements to their memory locations, facilitating efficient retrieval of specific report portions based on report type, date, and segment.

The second patent, a system and method for fully automated electronic transfer of funds, outlines a process for transferring cash or cash equivalents between a sender and a recipient. This system includes an initiating terminal for designating the transfer amount and security code, a central terminal for storing this information, and a dispensing terminal that provides the funds to the recipient without requiring a card for activation.

Career Highlights

Neil P. Marcous is associated with Electronic Data Systems Corporation, where he has applied his expertise in developing innovative technologies. His work has significantly impacted the way data is managed and how electronic transactions are conducted.

Collaborations

Throughout his career, Marcous has collaborated with notable colleagues, including Michael J. Rosenzweig and Michael J. Brant. These collaborations have contributed to the advancement of technology in their respective fields.

Conclusion

Neil P. Marcous stands out as an influential inventor whose work in electronic data systems and automated financial transactions has paved the way for more efficient and secure processes. His contributions continue to shape the landscape of technology in significant ways.