Jayasree Iyer

Title: Innovations by Jayasree Iyer in Funds Transfer Authentication

Introduction

Jayasree Iyer is an accomplished inventor based in Bengaluru, India. She has made significant contributions to the field of financial technology, particularly in the area of funds transfer authentication. With a total of 3 patents to her name, her work is paving the way for more secure and efficient financial transactions.

Latest Patents

One of her latest innovations is a system and method for funds transfer authentication. This invention involves receiving a transfer request to move funds from a payer to a payee. The request identifies both the payer and the payee, along with the amount to be transferred. Customer information associated with both parties is identified, and authentication processes are initiated. A communication session is established between the payer and payee, during which a time-limited One-Time Password (OTP) is generated and sent to the payee. The funds are transferred only after the payee receives the OTP within a specified time limit, ensuring a secure transaction.

Career Highlights

Jayasree Iyer currently works at Wells Fargo Bank, N.A., where she applies her expertise in financial technologies. Her role involves developing innovative solutions that enhance the security and efficiency of financial transactions. Her contributions have been instrumental in advancing the bank's technological capabilities.

Collaborations

Jayasree collaborates with talented professionals in her field, including Mohammed Arif and Sajeev Philip. These partnerships foster a creative environment that encourages the development of groundbreaking solutions in financial technology.

Conclusion

Jayasree Iyer's work in funds transfer authentication exemplifies her commitment to innovation in financial technology. Her patents not only enhance security but also improve the overall user experience in financial transactions. Her contributions are vital in shaping the future of secure banking practices.