Company Filing History:
Years Active: 2021
Title: Hitesh Umedkumar Ruparelia: Innovator in Secure Banking Transactions
Introduction
Hitesh Umedkumar Ruparelia is a notable inventor based in Ahmedabad, India. He has made significant contributions to the field of secure banking transactions. His innovative approach has led to the development of a unique method that enhances the security of cardless transactions.
Latest Patents
Hitesh holds a patent for a "Method and system for performing secure banking transactions." This invention outlines a process for conducting secure cardless transactions using a user device. The method involves downloading an authenticated banking application linked to a user by a unique ID. Upon logging into the application, the user device and ATM are securely paired, utilizing parameters such as a specific application identifier and a transaction terminal identifier. The ATM generates a unique number linked to the user, which is then entered into the portable device. Biometric authentication is performed, and a token ID is generated, leading to a user-specific interface on the device. Hitesh has 1 patent to his name.
Career Highlights
Hitesh is currently employed at Tata Consultancy Services Limited, where he continues to innovate in the banking technology sector. His work focuses on enhancing the security and efficiency of banking transactions through advanced technological solutions.
Collaborations
Some of Hitesh's coworkers include Ramya R Varma and Guruprasad Ms. Their collaborative efforts contribute to the innovative environment at Tata Consultancy Services Limited.
Conclusion
Hitesh Umedkumar Ruparelia is a pioneering inventor whose work in secure banking transactions is shaping the future of financial technology. His contributions are vital in ensuring safer banking experiences for users worldwide.