Suhas Powar

Title: Innovator Spotlight: Suhas Powar

Introduction

Suhas Powar, an accomplished inventor based in Kolhapur, India, has made significant contributions to the field of predictive analytics in finance. With two patents to his name, he is a noteworthy figure in the realm of innovative technology solutions, particularly for cardholder risk management.

Latest Patents

Suhas Powar's latest patents demonstrate his expertise in utilizing artificial intelligence for financial applications. The first patent describes "Methods and Systems for Predicting Account-Level Risk Scores of Cardholders." This advanced method leverages AI to analyze payment transaction data and cardholder risk information, generating comprehensive risk profiles. The system effectively incorporates machine learning models to determine various account-level risk scores, including wallet reload, account reissuance, and transaction channel risk scores, ultimately aiding in risk management for financial institutions.

Another important patent focuses on a "System for Detection of Entities Associated with Compromised Records." This innovative system enables predictive identification of breached entities by analyzing identification number and expiration date pairs in compromised records. The methodology involves calculating probability vectors and divergence values, leading to the identification of potential breaches. Notably, the predicted breached entities receive timely notifications, including recommendations for mitigating actions to enhance security.

Career Highlights

Suhas Powar is currently associated with Mastercard International Incorporated, where he has been fundamental in developing technologies aimed at improving transaction security and risk assessment. His role at Mastercard places him at the forefront of innovation in financial technology, contributing to the company's mission to deliver secure and effective payment solutions.

Collaborations

Working alongside talented professionals such as Sonali Syngal and Ankur Saraswat, Suhas has fostered a collaborative approach to innovation. This teamwork not only enhances the quality of their research but also promotes the implementation of cutting-edge solutions in their respective domains.

Conclusion

Suhas Powar's work stands as a testament to the impact of innovative thinking in the finance sector. Through his pioneering patents, he continues to address pressing challenges in risk management and security, showcasing the vital role of inventors in driving technological advancement. As he progresses in his career, Suhas is poised to remain a significant contributor to the evolution of financial technologies.