Company Filing History:
Years Active: 2011-2012
Title: Innovations by Patrick S McMonagle
Introduction
Patrick S McMonagle is an accomplished inventor based in Niwot, Colorado. He has made significant contributions to the field of financial document processing through his innovative patents. With a total of 3 patents, McMonagle has developed methods that enhance the quality and efficiency of financial transactions.
Latest Patents
One of McMonagle's latest patents is titled "Method and system to centrally monitor the quality of images of financial documents." This invention provides a way to monitor and evaluate the quality of images of financial documents stored for remote access by financial institutions. The system performs a standard quality analysis of the images and identifies suspect images for further review. This process ensures that financial institutions can maintain high standards in document quality.
Another notable patent is the "Centralized check image storage system." This invention facilitates the sharing of check images stored in a centralized system among banks, supporting the check collection process. The system allows for the efficient transfer of check images and related information, ensuring that both capture banks and paying banks can access necessary data seamlessly.
Career Highlights
Patrick S McMonagle is currently employed at Viewpointe Archive Services, LLC, where he continues to innovate in the field of financial technology. His work focuses on improving the processes surrounding financial document management and check processing.
Collaborations
Throughout his career, McMonagle has collaborated with notable colleagues, including Douglas G Smith and Richard L Norman. These partnerships have contributed to the development of his innovative solutions in the financial sector.
Conclusion
Patrick S McMonagle's contributions to financial technology through his patents demonstrate his commitment to innovation and quality in document processing. His work continues to impact the efficiency of financial institutions, making him a significant figure in the industry.