Shriya Kommuri

Title: Shriya Kommuri: Advancing Digital Payments Through Interbank Innovation.

Introduction

Shriya Kommuri is an inventor based in New York, New York. Her patent work focuses on modernizing paper-check processing and enabling secure, connected financial services through an interbank information network.

Latest Patents

Kommuri is associated with 1 patent: “Method and System for Implementing an Electronic Exchange for Bill Pay and Other Transactions via an Interbank Information Network (IIN).” The invention describes a marketplace for securely collecting, assigning, and distributing payment information from paper-check originators to lockbox providers. By replacing paper-based steps, the system aims to accelerate deposits, improve the handling of payment exceptions, and reduce operating costs.

The patent also describes an IIN architecture using blockchain technology to support real-time information exchange among financial institutions. Its proposed capabilities include streamlining compliance inquiries, validating beneficiary accounts globally, and enabling network participants to offer value-added services to one another.

Career Highlights

Kommuri is associated with JPMorgan Chase Bank, N.A. Her patent reflects work on applying interconnected digital infrastructure to payment operations and financial-industry processes.

Collaborations

The supplied information identifies Steve Hoffman and Sejdo Radoncic as Kommuri’s coworkers. Their inclusion provides context about her professional network, though no specific roles in the patent are stated.

Conclusion

Shriya Kommuri’s patent presents an approach to making payment processing more efficient by connecting financial participants through a secure, blockchain-enabled network.