Ankur Saraswat

Title: Innovator Spotlight: Ankur Saraswat

Introduction: Ankur Saraswat is a prominent inventor based in Gurgaon, India, known for his pioneering contributions in the field of artificial intelligence and risk assessment technologies. With an impressive portfolio of six patents, Ankur has significantly influenced the landscape of financial technology through his innovative solutions.

Latest Patents: Ankur's latest patents reflect his expertise in artificial intelligence and data analysis. One notable patent is for a method and system for predicting account-level risk scores of cardholders. This invention involves using AI-based techniques to analyze payment transaction data and associated risk data to generate accurate risk scores. These scores, determined by a trained machine learning model, include wallet reload risk, account reissuance risk, and transaction channel risk. The system also allows for the transmission of recommendation messages to issuer servers based on the assessed risk scores.

Another significant patent involves a computing device designed to determine new credit card numbers that are a continuation match with previous card details. This invention utilizes a modified Siamese network to recognize patterns and accurately deduce updated credit card numbers, enhancing security and user convenience.

Career Highlights: As an inventor at Mastercard International Incorporated, Ankur has made substantial strides in the financial services sector. His work focuses on leveraging cutting-edge technology to improve transaction security and efficiency. His contributions not only enhance user experience but also provide robust solutions to potential risks associated with credit card usage.

Collaborations: Ankur collaborates closely with talented colleagues, including Yatin Katyal and Debasmita Das, who contribute to various innovative projects within Mastercard. Their teamwork and expertise enable them to push the boundaries of current technological capabilities in financial systems.

Conclusion: Ankur Saraswat is a distinguished inventor whose work at Mastercard has led to significant advancements in risk management for cardholders. His groundbreaking patents demonstrate a commitment to using technology to solve real-world financial challenges, making him a standout figure in the realm of innovation.