Amudhan Venkatesan

Title: Innovations by Amudhan Venkatesan: A Pioneer in Fraud Detection Technology

Introduction

Amudhan Venkatesan, an innovative inventor based in Vancouver, Canada, has made significant contributions to the field of fraud detection with his patented inventions. With a total of two patents to his name, Venkatesan is recognized for his unique methods aimed at enhancing security in payment card networks.

Latest Patents

One of his latest patents involves “Systems and methods for incorporating breach velocities into fraud scoring models.” This inventive method provides a comprehensive approach for detecting fraudulent network events in a payment card network. The system identifies potential compromise events and locates payment cards that have transacted at compromised entities. It generates a data structure that sorts subsequent transaction activities by fraud score range stripes. Furthermore, the data structure allows for cumulative metrics to be calculated over various time periods, making it possible to generate feature inputs applied to scoring models for real-time transaction scoring. This innovative methodology enhances the ability to score future transactions initiated using compromised payment cards, thus reinforcing the security measures in place.

Career Highlights

Amudhan Venkatesan is currently employed at Mastercard International Incorporated, a leading company in the financial technology sector. His role involves designing and implementing advanced technological solutions aimed at fraud prevention and detection, utilizing his expertise in the field.

Collaborations

Throughout his career, Venkatesan has collaborated with notable colleagues such as Joshua A. Allbright and Felix Johannes Flory. These collaborations have fostered an environment of innovation, allowing the team to push the boundaries of traditional fraud detection methods.

Conclusion

Amudhan Venkatesan’s contributions to the field of fraud detection are commendable and reflect a commitment to enhancing the security of payment systems. His innovative approach and dedication to his work position him as a significant figure in the industry, paving the way for continued advancements in technology and security.