Sudeshna Banerjee

Title: Sudeshna Banerjee: Innovating Banking Through Patents

Introduction:

Sudeshna Banerjee, a resident of Waxhaw, NC, has distinguished himself as a prolific inventor and holder of 22 patents. With a career at Bank of America Corporation, Sudeshna has made significant contributions to the banking industry, particularly in the areas of customer identification and transactional transparency. Let's explore some of his latest patents and the innovative solutions they offer.

Identifying Potential Customers Using Payment Information:

One of Sudeshna's recent patents focuses on a computer-based method for identifying potential customers for a particular bank. By leveraging data from multiple banks, this system can identify locations of interest and compare the amount of funds held in deposit accounts. Additionally, it enables banks to determine if potential customers hold a significant amount of funds and are within a predetermined distance from their branches. This innovation empowers banks with valuable insights into potential customer profiles, facilitating targeted marketing and customer acquisition.

Bank Card Authorization With Balance Indicator:

In a bid to enhance customer experience, Sudeshna's patent aims to provide customers with real-time information about their credit or debit account balance following a transaction. By integrating a balance indicator into the authorization code of purchase receipts, customers can effortlessly keep track of their spending patterns. This innovation is especially valuable for individuals seeking to manage their finances and maintain a clear understanding of their account balances. Providing transparency and empowering financial decision-making, this patent exemplifies Sudeshna's commitment to improving banking services.

Collaboration and Coworkers:

Sudeshna Banerjee's colleagues, Debashis Ghosh and Kurt Newman, share his passion for innovation within the banking industry. By working together at Bank of America Corporation, they form a dynamic and creative team, contributing to the development and implementation of cutting-edge solutions.

Conclusion:

Sudeshna Banerjee, a dedicated and talented inventor, has made significant strides in the field of banking through the numerous patents he holds. His focus on customer identification and transactional transparency showcases his commitment to improving the customer experience within the industry. Sudeshna's contributions have undoubtedly paved the way for innovative advancements throughout the banking sector, benefiting both financial institutions and their customers.