Company Filing History:
Years Active: 2023-2025
Title: Innovations by Theresa Ann Clements
Introduction
Theresa Ann Clements is an accomplished inventor based in San Diego, CA. She has made significant contributions to the field of payment systems, holding a total of 3 patents. Her work focuses on enhancing the efficiency of financial transactions, particularly in point of sale environments.
Latest Patents
One of her latest patents is for an "Instant network cash transfer at point of sale." This innovation involves point of sale (POS) devices, systems, and methods that enable payments by merchants to non-customers, such as employees of the merchant. The point of sale system determines the amount of payment to be made by the merchant to the employee. It then transmits payment instructions to a payment system provider computing system, ensuring that funds are made available in the employee's bank account instantly or near instantly.
Career Highlights
Theresa currently works at Wells Fargo Bank, N.A., where she applies her expertise in payment systems. Her innovative approach has positioned her as a key player in the development of modern financial solutions.
Collaborations
Some of her notable coworkers include Daniel David and Shane Duncan Eaton, who contribute to the collaborative environment that fosters innovation at Wells Fargo.
Conclusion
Theresa Ann Clements exemplifies the spirit of innovation in the financial technology sector. Her patents and work at Wells Fargo Bank highlight her commitment to improving payment systems for merchants and their employees.