US Patent Issued to WELLS FARGO BANK on Sept. 2 for "Systems and methods associated with cash pooling" (North Carolina, California Inventors)

ALEXANDRIA, Va., Sept. 3 -- United States Patent no. 12,406,314, issued on Sept. 2, was assigned to WELLS FARGO BANK N.A. (San Francisco).

"Systems and methods associated with cash pooling" was invented by James Christopher Noe (Charlotte, N.C.), Todd Douglas Simmel (Davidson, N.C.) and Ken C. Kiernan (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and other embodiments associated with cash pooling. According to one embodiment, a system includes an account logic configured to receive at least one change selected by a user and make the at least one change to a pool. The pool includes a plurality of accounts. The system further includes a settlement logic configured to calculate...