Company Filing History:
Years Active: 2021
Title: Innovations by Guruprasad Ms in Secure Banking Transactions
Introduction
Guruprasad Ms is an innovative inventor based in Bengaluru, India. He has made significant contributions to the field of secure banking transactions. His work focuses on enhancing the security and efficiency of financial transactions through technology.
Latest Patents
Guruprasad holds a patent for a "Method and system for performing secure banking transactions." This invention outlines a method for conducting secure cardless transactions using a user device. The process begins with the user downloading an authenticated banking application linked to their unique ID. To initiate a transaction, the user logs into the application, and the user device securely pairs with an ATM that has a location-based unique ID. The secure pairing process utilizes specific application and transaction terminal identifiers. Once initiated, the ATM displays a unique number generated by the bank server, which is linked to the user. The user enters this number into their portable device, followed by biometric authentication. After validation, a token ID is generated, allowing a user-specific interface to be rendered on the user device.
Career Highlights
Guruprasad is currently employed at Tata Consultancy Services Limited, where he continues to develop innovative solutions in the banking sector. His work is instrumental in advancing secure transaction methodologies.
Collaborations
He collaborates with talented coworkers, including Hitesh Umedkumar Ruparelia and Ramya R Varma, who contribute to the innovative environment at Tata Consultancy Services Limited.
Conclusion
Guruprasad Ms is a notable inventor whose work in secure banking transactions exemplifies the intersection of technology and finance. His contributions are paving the way for safer and more efficient banking experiences.