Richard A Exelbert

Title: Richard A. Exelbert: Innovator in Financial Technology

Introduction

Richard A. Exelbert is a notable inventor based in New York, NY (US). He has made significant contributions to the field of financial technology, particularly in the area of loan payment systems. With a total of 2 patents, Exelbert's work has the potential to streamline the way consumers manage their loan payments.

Latest Patents

Exelbert's latest patents focus on using a transaction card account to facilitate recurring loan payments. The first patent describes a system where information is received from a loan company system regarding a loan application. This system determines the eligibility of the requester for a loan associated with a transaction card account. If the requester is eligible, the system checks if a transaction card account is already stored. If not, a new account is created, and the loan payment is linked to this account. The second patent reiterates this process, emphasizing the automatic debits made to the transaction card account that correspond to the recurring loan payment amount.

Career Highlights

Richard A. Exelbert is currently employed at American Express Travel Related Services Company, Inc. His role at this prestigious company allows him to leverage his innovative ideas in the financial sector. His work has contributed to enhancing customer experiences in managing loans and payments.

Collaborations

Exelbert has collaborated with notable coworkers such as Ruth L. Aloni and Rebecca R. Deen. These collaborations have likely fostered an environment of innovation and creativity within their projects.

Conclusion

Richard A. Exelbert stands out as an influential inventor in the financial technology landscape. His patents reflect a commitment to improving the efficiency of loan payment systems. Through his work at American Express, he continues to make strides in this vital area of consumer finance.