Karankumar Hiteshbha Patel

Title: Karankumar Hiteshbha Patel: Innovator in Transaction Authorization

Introduction

Karankumar Hiteshbha Patel is a notable inventor based in Austin, TX (US). He has made significant contributions to the field of transaction authorization through his innovative patent. His work focuses on reducing false declines during transaction processes, which is crucial for enhancing user experience and security.

Latest Patents

Karankumar holds a patent titled "System to reduce false declines using supplemental devices." This patent describes techniques and systems that utilize context data from supplemental devices to minimize false declines during transaction authorization. The system assesses context data to determine the likelihood that the user conducting the transaction is the legitimate account owner. By adjusting the level of risk based on this assessment, the system can make more informed decisions on whether to approve or decline transactions. He has 1 patent to his name.

Career Highlights

Karankumar is currently employed at Visa International Service Association, where he applies his expertise in transaction security and risk management. His work at Visa has allowed him to contribute to advancements in payment processing technologies.

Collaborations

He has collaborated with talented individuals such as Shubham Agrawal and Chiranjeet Chetia, enhancing the innovative environment at Visa.

Conclusion

Karankumar Hiteshbha Patel is a key figure in the realm of transaction authorization, with a focus on reducing false declines through innovative systems. His contributions are vital for improving the security and efficiency of financial transactions.