Company Filing History:
Years Active: 2022-2025
Title: Innovations by Binoy Parag Parikh
Introduction
Binoy Parag Parikh is an accomplished inventor based in Foster City, CA (US). He has made significant contributions to the field of biometric authentication, particularly in payment transactions. With a total of 3 patents to his name, Parikh continues to push the boundaries of technology and innovation.
Latest Patents
One of his latest patents focuses on a computer-implemented method for authenticating a customer during payment transactions based on biometric identification parameters. This method includes several steps, such as receiving image data associated with an image template for customer identification and establishing a short-range communication connection with a user device during the transaction. The system authenticates the customer's identity and processes the payment transaction using the customer's account identifier. This innovative approach enhances security and efficiency in payment processing.
Career Highlights
Binoy Parikh is currently associated with Visa International Service Association, where he applies his expertise in biometric technology to improve payment systems. His work has been instrumental in developing secure and user-friendly payment solutions that leverage biometric identification.
Collaborations
Some of his notable coworkers include Elianna Starr and Dennis Franklin Olson, who contribute to the innovative environment at Visa International Service Association.
Conclusion
Binoy Parag Parikh's work in biometric authentication for payment transactions exemplifies the intersection of technology and security. His contributions are paving the way for more secure payment methods in the future.