Company Filing History:
Years Active: 2012
Title: Scott Christopher Arcure: Innovator in Loan Processing Systems
Introduction
Scott Christopher Arcure is an accomplished inventor based in Chapel Hill, NC (US). He has made significant contributions to the field of loan processing through his innovative patent. His work focuses on automating the approval and fulfillment of loan requests, streamlining the entire process for efficiency and accuracy.
Latest Patents
Scott holds a patent for a "System and method for processing loans." This invention allows loan requests to be automatically processed by a distributed processing system. The system evaluates whether a loan should be approved and can request additional information from vendor systems if necessary. It also performs due diligence, generates closing documents, and manages loan boards. The system is designed to handle exceptions manually when needed, ensuring that the remainder of the loan processing can be completed automatically. Additionally, it features a simulation environment for evaluating process models before they are implemented in a live setting.
Career Highlights
Scott is currently employed at Bank of America Corporation, where he applies his expertise in loan processing systems. His innovative approach has the potential to revolutionize how financial institutions handle loan requests, making the process more efficient and user-friendly.
Collaborations
Scott has worked alongside talented colleagues, including Mayur Chheda and Thomas Steven Helock. Their collaborative efforts contribute to the advancement of technology in the financial sector.
Conclusion
Scott Christopher Arcure is a notable inventor whose work in loan processing systems exemplifies innovation in the financial industry. His contributions are paving the way for more efficient loan management solutions.