Company Filing History:
Years Active: 2022-2024
Title: Innovations by Mathewbabu Edappilly Antony
Introduction
Mathewbabu Edappilly Antony is a notable inventor based in Bengaluru, India. He has made significant contributions to the field of funds transfer authentication, holding a total of 3 patents. His work focuses on enhancing the security and efficiency of financial transactions.
Latest Patents
One of his latest innovations is a system and method for funds transfer authentication. This invention involves receiving a transfer request that identifies the payer, payee, and the amount to be transferred. It includes the identification of customer information associated with both the payer and the payee. The authentication process ensures that both parties are verified before a communication session is established. A time-limited one-time password (OTP) is generated and sent to the payee, which must be received within a specified time limit. The funds are then transferred based on the successful receipt of a matching payee OTP.
Career Highlights
Mathewbabu currently works at Wells Fargo Bank, N.A., where he applies his expertise in financial technologies. His role involves developing innovative solutions that enhance the security of financial transactions. His contributions have been instrumental in improving customer trust and satisfaction in digital banking.
Collaborations
Mathewbabu has collaborated with several professionals in his field, including Mohammed Arif and Sajeev Philip. These collaborations have fostered a creative environment that encourages the development of cutting-edge financial technologies.
Conclusion
Mathewbabu Edappilly Antony is a prominent inventor whose work in funds transfer authentication has made a significant impact on the financial industry. His innovative solutions continue to enhance the security and efficiency of transactions, showcasing his dedication to advancing technology in banking.