Company Filing History:
Years Active: 2021-2025
Title: Pankaj Rajurkar: Innovator in Financial Transaction Processing
Introduction
Pankaj Rajurkar is a notable inventor based in Indore, India. He has made significant contributions to the field of financial technology, particularly in the processing of financial transactions. With a total of three patents to his name, Rajurkar's work has the potential to enhance the efficiency and security of financial transactions.
Latest Patents
One of Rajurkar's latest patents focuses on systems and methods for processing financial transactions. This innovative method is conducted at an issuing server computer associated with a first entity. A transaction request message is transmitted to an acquiring server computer associated with a second entity. The transaction request message pertains to a push transaction, where funds from the first entity are transferred to the second entity, and includes a first set of data elements. In response to this transaction request message, a transaction response message and a second set of data elements are received. The second set of data elements is associated with the first set of data elements, allowing the financial transaction to be processed using information contained in both sets of data elements.
Career Highlights
Pankaj Rajurkar is currently employed at Visa International Service Association, where he continues to develop innovative solutions in the financial sector. His expertise in transaction processing has positioned him as a valuable asset to the company.
Collaborations
Rajurkar has collaborated with several talented individuals in his field, including Koni Uttam Nayak and Ashish Kulpati. These collaborations have likely contributed to the advancement of his projects and patents.
Conclusion
Pankaj Rajurkar's contributions to financial transaction processing demonstrate his innovative spirit and commitment to improving financial technologies. His patents reflect a deep understanding of the complexities involved in financial transactions, paving the way for future advancements in the industry.