Company Filing History:
Years Active: 2009
Title: Innovations by Hasan Dossal in Financial Transaction Security
Introduction
Hasan Dossal is an innovative inventor based in Washington, DC, who has made significant contributions to the field of financial transaction security. His work focuses on enhancing the authentication process for financial transactions, ensuring that users can conduct their business safely and securely.
Latest Patents
Dossal holds a patent for a method of two-factor authentication for financial transactions. This invention relates to a method for authenticating financial transactions by using an additional factor that is not present on a physical card and is not used in sequential transactions. In this method, a purchaser provides card information to a merchant, who then transmits this information along with transaction details to an issuer. The issuer authenticates the card information and sends verification indicia to a target address associated with the card information. This target address may be the mobile phone number of the purchaser or a third party. The purchaser or third party then provides the verification indicia back to the merchant, who transmits it to the issuer for final authentication. This process ensures that the purchaser is the genuine person authorized to use the card information, leading to the approval of the transaction.
Career Highlights
Hasan Dossal is currently employed at Cellco Partnership, where he continues to develop innovative solutions in the realm of financial technology. His expertise in authentication methods has positioned him as a valuable asset in his field.
Collaborations
Dossal has worked alongside notable colleagues such as Steven Roy Rados and Renato J Delatorre, contributing to a collaborative environment that fosters innovation and creativity.
Conclusion
Hasan Dossal's contributions to financial transaction security through his patented two-factor authentication method exemplify the importance of innovation in protecting consumers. His work not only enhances security but also builds trust in financial transactions.