Company Filing History:
Years Active: 2022-2025
Title: **Puneet Vashisht: Innovator in Payment Processing Technologies**
Introduction
Puneet Vashisht, a prolific inventor based in Haryana, India, has made significant contributions to the field of payment processing through his innovative inventions. With a total of four patents to his name, Vashisht is recognized for his work that integrates artificial intelligence into payment systems, enhancing security and efficiency.
Latest Patents
Puneet Vashisht's latest patents include advanced methods and systems for product recommendations based on artificial intelligence to enhance the approval rates of payment processing requests. His patented technology involves a server system that receives real-time payment authorization requests and identifies key transaction features. By predicting a combination of authorizing components, the system develops an effective product recommendation strategy, which is then communicated to the issuer associated with the cardholder.
Another notable patent by Vashisht addresses the challenge of tracking credit card number changes. This innovative computing device is designed to determine a new credit card number that corresponds to an old card number that has been updated. It employs a modified siamese network, trained using transactional data, to accurately identify the new card number that is an upgrade from the old one.
Career Highlights
Puneet Vashisht works at Mastercard International Incorporated, where he applies his expertise in technological innovations to improve payment systems. His work demonstrates a commitment to leveraging cutting-edge technologies to solve real-world problems in the financial sector.
Collaborations
Throughout his career, Vashisht has collaborated with talented professionals such as Hardik Wadhwa and Shubham Kumar. These partnerships foster an environment of creativity and innovation, allowing for the development of groundbreaking solutions in payment processing.
Conclusion
With his impressive portfolio of patents and his role at Mastercard International Incorporated, Puneet Vashisht stands out as a forward-thinking inventor. His contributions not only enhance the functionality of payment systems but also pave the way for future innovations in financial technology.