Sajeev Philip

Title: Sajeev Philip: Innovator in Funds Transfer Authentication

Introduction

Sajeev Philip is a notable inventor based in Bengaluru, India. He has made significant contributions to the field of financial technology, particularly in the area of funds transfer authentication. With a total of 3 patents to his name, his work is paving the way for more secure financial transactions.

Latest Patents

One of Sajeev's latest patents focuses on funds transfer authentication. The innovation disclosed and claimed herein comprises systems and methods of funds transfer authentication. The authentication process includes receiving a transfer request to transfer funds from a payer to a payee, identifying the payer, the payee, and the amount to transfer. Customer information associated with both the payer and the payee is identified. The payer and the payee are then authenticated. A communication session is opened between the payer and payee. A time-limited payee OTP (One-Time Password) is generated and sent to the payee. The payee OTP must be received within a first time limit. The funds are transferred from the payer to the payee based on receiving a matching payee OTP.

Career Highlights

Sajeev 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 and efficiency of financial transactions.

Collaborations

Sajeev collaborates with talented professionals in his field, including Mohammed Arif and Shanmukeswara Rao Donkada. These collaborations foster an environment of innovation and creativity, leading to groundbreaking advancements in financial technology.

Conclusion

Sajeev Philip is a distinguished inventor whose work in funds transfer authentication is making a significant impact in the financial sector. His contributions are essential for enhancing the security of financial transactions, and his ongoing innovations will likely continue to shape the future of financial technology.