This inventor holds 2 USPTO granted patents. Top assignee: Bank of America Corporation. Active years: 2014.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2014
Title: Innovations by Thomas Myrick
Introduction
Thomas Myrick is an accomplished inventor based in Charlotte, NC (US). He has made significant contributions to the field of financial technology, particularly in developing systems that provide emergency financial reserves. With a total of 2 patents, Myrick's work focuses on creating innovative solutions for financial institutions and their customers.
Latest Patents
Myrick's latest patents include a system and method for providing emergency financial reserves accessible during a covered event. This invention allows financial institutions to offer conditional credit to customers based on predetermined conditions such as involuntary unemployment or disability. The emergency reserve product can be provided in the form of a line of credit or a loan, making it a flexible solution for customers in need.
Another notable patent is a system and method for an emergency reserve during a covered event using actuarial data. This invention enables financial institutions to predict future specified events based on past customer history. It also includes features that allow for the cancellation of outstanding debt associated with the emergency reserve product during a covered event.
Career Highlights
Myrick is currently employed at Bank of America Corporation, where he continues to innovate in the financial sector. His work has been instrumental in developing products that enhance customer financial security and provide peace of mind during challenging times.
Collaborations
Throughout his career, Myrick has collaborated with notable colleagues, including Jeffrey H Bierer and Andrew Kramer. These partnerships have contributed to the successful development and implementation of his innovative financial solutions.
Conclusion
Thomas Myrick is a visionary inventor whose work in emergency financial reserves has the potential to transform the way financial institutions support their customers. His patents reflect a deep understanding of customer needs and a commitment to providing innovative solutions in the financial sector.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile