This inventor holds 2 USPTO granted patents and 2 published patent applications. Top assignees: Ford Global Technolgoies, LLC, Ford Motor Company Limited. Active years: 2008-2017.
Company Filing History:
1 out of 26,656 
1 out of 6,167 
Years Active: 2008-2017
Title: Paul Duncan McCarthy: Innovator in Automotive Finance Technology
Introduction
Paul Duncan McCarthy is a notable inventor based in Ann Arbor, MI (US). He has made significant contributions to the field of automotive finance technology, holding 2 patents that showcase his innovative approach to enhancing vehicle loan management and equity assessment.
Latest Patents
One of McCarthy's latest patents is for an "Automated vehicle loan payment reminders" system. This invention involves a payment reminder application executed by a computing device, which requests payment of a vehicle loan associated with a registered combination of a vehicle identification number and an occupant identifier. The application verifies that appropriate vehicle occupants are available to receive the reminder and delivers it at a suitable time for safety and privacy. Additionally, the application can provide other types of reminders or messages targeted to the vehicle occupants.
Another significant patent is the "Method for assessing equity adequacy." This risk-based method assesses an automotive finance company's equity adequacy by evaluating sources of creditor protection, including equity, reserves, and net deferred tax liability in the event of an overall loss. The method estimates potential unexpected worst-case losses with 99.9% confidence and compares these with the company's creditor protection to demonstrate equity adequacy.
Career Highlights
McCarthy has had a distinguished career, working with prominent companies such as Ford Motor Company and Ford Global Technologies, LLC. His experience in these organizations has allowed him to develop and refine his innovative ideas in automotive finance.
Collaborations
Throughout his career, McCarthy has collaborated with talented individuals, including Christine M Cooper and Mike Gulkewicz. These partnerships have contributed to his success and the advancement of his inventions.
Conclusion
Paul Duncan McCarthy is a pioneering inventor whose work in automotive finance technology has led to valuable patents that improve vehicle loan management and equity assessment. His contributions continue to influence the industry and enhance the experience of vehicle owners.