Juharasha Shaik

Title: Innovations of Juharasha Shaik

Introduction

Juharasha Shaik is an accomplished inventor based in Foster City, CA, with a remarkable portfolio of seven patents. His work primarily focuses on advanced systems for fraud detection and real-time payment processing, showcasing his expertise in technology and innovation.

Latest Patents

One of his latest patents is a system for designing and validating fine-grained fraud detection rules. This method involves receiving historical interaction data, assigning weights to various data fields, and generating a neural network to identify feature indicators indicative of different classes. The process includes updating a probability distribution component and scoring interactions based on current data.

Another significant patent is for a system, method, and computer program product for real-time account-level rule exclusion for real-time payments. This innovation allows for the storage of rules in a distributed cache, enabling the exclusion of specific rules based on account-level directives during transaction processing in a Real-Time Payments network.

Career Highlights

Juharasha Shaik is currently employed at Visa International Service Association, where he applies his innovative ideas to enhance payment systems and fraud detection mechanisms. His contributions have significantly impacted the efficiency and security of financial transactions.

Collaborations

He collaborates with talented coworkers, including Durga S Kala and Gajanan Chinchwadkar, who contribute to the development of cutting-edge technologies in the financial sector.

Conclusion

Juharasha Shaik's innovative work in fraud detection and payment processing exemplifies the importance of technology in enhancing financial security. His patents reflect a commitment to advancing the field and improving user experiences in real-time transactions.