Ramkumar Jambunathan

Title: Innovations by Ramkumar Jambunathan

Introduction

Ramkumar Jambunathan is an accomplished inventor based in San Jose, California. He has made significant contributions to the field of payment transaction technology. With a total of two patents to his name, Jambunathan is recognized for his innovative approaches to real-time payment authorization.

Latest Patents

One of Ramkumar Jambunathan's latest patents is a system, method, and computer program product for real-time automatic authorization of a payment transaction. This invention provides a computer-implemented method that operates independently of an authorization input from a consumer. The method involves receiving first data associated with a consumer and generating a payment transaction classification model based on this data. It also includes receiving second data associated with the consumer and determining whether to process a payment transaction in real-time between the consumer and a merchant. This determination is made independent of any authorization input received from the consumer, utilizing the payment transaction classification model and the second data. Ultimately, the system processes the payment transaction based on this real-time determination.

Career Highlights

Ramkumar Jambunathan is currently employed at Visa International Service Association, where he continues to develop innovative solutions in the payment processing sector. His work focuses on enhancing the efficiency and security of payment transactions.

Collaborations

Some of his notable coworkers include Emese Bari and Jiri Medlen, who contribute to the collaborative environment at Visa.

Conclusion

Ramkumar Jambunathan's contributions to payment transaction technology exemplify the impact of innovation in the financial sector. His patents reflect a commitment to improving the efficiency and security of payment processes.