Patents by Inventor Richard Penfil, II

Richard Penfil, II has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 11900289
    Abstract: The present disclosure describes devices and methods of providing a technology environment for analyzing unstructured data to generate structured data. A set of electronic documents, each electronic document associated with a type of product, may be accessed. A data instance for each of the documents may be generated. The data instance may include a plurality of data fields that are based on the type of product. The electronic documents may be analyzed to identify values for each of the plurality of data fields. Analyzing the electronic documents may comprise applying a respective character recognition algorithm to respective electronic documents, and assigning a confidence factor to each of the values. The data instances comprising the values for each of the plurality of data fields may be stored in a second database.
    Type: Grant
    Filed: October 30, 2020
    Date of Patent: February 13, 2024
    Assignee: WELLS FARGO BANK, N.A.
    Inventors: Manoranjan Kumar, Stacy R. Henryson, Richard Penfil, II, Nikhil Jog, Bradley Miller, Matthew D. Wilson
  • Patent number: 11630852
    Abstract: Techniques are described for automatic creation of optimal auditable entities (AEs) using a machine learning (ML)-based clustering model. The clustering model, when executed on one or more computing devices within an audit system of a company, is configured to automatically cluster the company's business processes into AEs based on similarity analyses of business process attributes. More specifically, in some examples, the clustering model ingests business processes and their corresponding attributes from a database, automatically clusters together business processes to achieve maximum intra-cluster similarity scores, and outputs the final clusters as model AEs. The resulting model AEs may be used as functional units for internal audits of the company's business processes. The resulting model AEs may improve audit efficiency due to the model AEs including only highly similar business processes.
    Type: Grant
    Filed: January 8, 2021
    Date of Patent: April 18, 2023
    Assignee: Wells Fargo Bank, N.A.
    Inventors: Tylor Christopher Mondloch, Richard Penfil, II, Brian Karp, Corinne Elizabeth Larsen, Jeremy Salden, Kelley Lyn Impoco, Jeremy Paynes