Company Filing History:
Years Active: 2018-2019
Title: The Innovative Contributions of Walter McKay
Introduction
Walter McKay is a notable inventor based in Albany, NY, who has significantly contributed to the field of communications and trade transactions. With a total of four patents to his name, he continues to push the boundaries of innovation within his industry.
Latest Patents
McKay's latest patents showcase his dedication to enhancing communication processes tied to physical trade documents. One of his patents, "Enhancing Communications Based on Physical Trade Documents," details a sophisticated system designed to streamline the communication process. This system comprises a document intake machine, which includes a document scanner and a data extractor. The machine is capable of scanning physical trade documents to create electronic files, and it extracts essential entity identification information and performance data.
Additionally, McKay has developed another patent titled "Preventing Restricted Trades Using Physical Documents." This innovative system aims to identify and mitigate restricted transactions by utilizing a document intake machine that scans physical trade documents to create electronic files. The data extractor identifies relevant trade terms, allowing the machine to compare them with a database of restricted trade terms. If a match occurs and a confidence level indicates a high likelihood of a restricted transaction, the system flags it accordingly and sends a notification to the involved entity.
Career Highlights
Walter McKay works for Bank of America Corporation, where his cutting-edge inventions contribute to advancements in financial transaction systems. His work enhances operational efficiencies and ensures compliance with trade regulations, reflecting his commitment to innovation in banking.
Collaborations
Throughout his career, McKay has had the pleasure of working alongside talented colleagues such as Ann McCormick and Gary Ford. Their collaborative efforts have fostered a dynamic work environment that encourages the exchange of creative ideas and the development of groundbreaking technologies.
Conclusion
Walter McKay's contributions to the field of communications and trade transactions are truly remarkable. With his innovative patents and collaborative spirit, he exemplifies the impact that dedicated inventors can have within their fields. As he continues to develop new solutions, McKay's work is sure to influence the future of trade and communications in significant ways.