News Column

Bank of America Assigned Patent for Financial Institution Loan Management

May 7, 2014



By Targeted News Service

ALEXANDRIA, Va., May 7 -- Bank of America, Charlotte, North Carolina, has been assigned a patent (8,719,151) developed by four co-inventors for the "loan resolution modeling using discrete event simulation methodology." The co-inventors are Yang Liu, Charlotte, North Carolina, Willys Otieno, Charlotte, North Carolina, Steven W. Lindsey, Charlotte, North Carolina, and Minzhe Wu, Thousand Oaks, California.

The patent application was filed on May 25, 2011 (13/115,710). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=87,19,151.PN.&OS=PN/87,19,151&RS=PN/87,19,151

Written by Amal Ahmed; edited by Jaya Anand.

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Source: Targeted News Service


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