Ron E Jacobs

Title: Ron E Jacobs: Innovator in Account Customization

Introduction

Ron E Jacobs is a notable inventor based in Wilmington, DE (US). He has made significant contributions to the field of financial services through his innovative patents. With a total of 2 patents, Jacobs has focused on enhancing user experience in account management.

Latest Patents

One of Jacobs' latest patents is a system and method for establishing or modifying an account with user-selectable terms. This invention allows account holders to easily customize the terms of various accounts, including loan accounts, asset accounts, mortgage accounts, insurance accounts, and brokerage accounts. The exemplary embodiments enable users to specify preferred terms such as cost, rewards programs, card design, affiliates, credit line, and payment due date. Financial service providers, such as banks, can make these terms easily accessible through internet websites or automated phone systems, allowing users to specify their preferences effortlessly. The customization methods can be applied to both new account openings and existing account modifications, dynamically updating available terms as users make selections.

Career Highlights

Jacobs is currently employed at JPMorgan Chase Bank, N.A., where he continues to innovate in the financial sector. His work focuses on improving customer satisfaction through tailored financial solutions.

Collaborations

Some of his coworkers include Mary Carter Warren and Marc Fredman, who contribute to the collaborative environment at JPMorgan Chase Bank.

Conclusion

Ron E Jacobs is a forward-thinking inventor whose work in account customization has the potential to transform the financial services industry. His innovative approach to user-selectable terms enhances the overall customer experience and sets a new standard for account management.