Tanmoy Bhowmik

Title: The Innovative Mind of Tanmoy Bhowmik

Introduction

Tanmoy Bhowmik is a prominent inventor based in Bengaluru, India, known for his significant contributions to technology through his innovations. With a focus on fraud detection and card activity modeling, he has secured two patents that enhance payment security and efficiency, underscoring his expertise in the fintech domain.

Latest Patents

1. **Card Inactivity Modeling**

Tanmoy's first patent revolves around systems and computer-implemented methods for modeling card inactivity. It involves hierarchical modeling where a first level classifier is trained to predict whether a card will become inactive. If predicted to become inactive, a second level classifier then predicts when this inactivity will occur. This innovative approach leverages binary and multi-class classifiers to generate probabilities for card inactivity over varying time periods, providing valuable insights for financial institutions.

2. **Deep-Learning Based System for Online Application Origination (OAO) Fraud Detection**

His second patent focuses on a fraud prevention server that utilizes advanced deep-learning techniques to differentiate between normal user behavior and that of malicious actors during online application submissions. By analyzing form data, the system determines the best model to calculate a fraud score, enabling the approval, holding, or denial of applications based on detected risks. This innovation is instrumental in enhancing security measures in online financial transactions.

Career Highlights

Currently, Tanmoy works at Mastercard Technologies Canada Ulc., where he applies his innovative mindset to solve complex challenges within the fintech industry. His work not only contributes to the technological advancements of Mastercard but also aims to improve the overall safety of online financial activities, making a significant impact in the field.

Collaborations

Tanmoy collaborates with esteemed colleagues like Ashish Kumar and Sangam Verma, further enriching his inventive endeavors. These partnerships highlight the importance of teamwork in the pursuit of innovative solutions that enhance transaction security and fraud prevention.

Conclusion

Tanmoy Bhowmik stands out as an inventive force in the realm of financial technology. Through his innovative patents and collaborations, he continues to push the boundaries of what is possible, contributing to safer and more efficient payment systems worldwide. His work serves as an inspiration for future inventors and industry professionals dedicated to creating impactful solutions.