This inventor holds 2 USPTO granted patents and 1 published patent application. Top assignee: Mastercard International Incorporated. Active years: 2015-2018.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2015-2018
Title: Venu Appana: Innovator in Mobile Payment Solutions
Introduction
Venu Appana is a notable inventor based in Edison, NJ (US), recognized for his contributions to mobile payment technologies. He holds 2 patents that focus on enhancing the functionality and security of mobile companion prepaid cards. His work is instrumental in shaping the future of digital transactions.
Latest Patents
Venu's latest patents include "Systems, apparatus and methods for mobile companion prepaid card" and "Methods and systems for a mobile companion prepaid card purchase transaction." The first patent outlines a process where a wallet provider computer receives mobile companion prepaid card data and purchase transaction data via an application program interface (API) Web request from an issuer financial institution (FI) processor. This process verifies the availability of funds in a mobile wallet prepaid card account and authorizes the purchase transaction based on this verification. The second patent describes a system for providing an un-personalized and un-embossed mobile companion prepaid card to consumers with a mobile wallet account. It details the steps involved in receiving an approval request, determining the associated issuer financial institution, and validating cardholder verification method (CVM) data.
Career Highlights
Venu Appana is currently employed at Mastercard International Incorporated, where he continues to innovate in the field of mobile payments. His work at Mastercard has allowed him to contribute significantly to the development of secure and efficient payment solutions.
Collaborations
Venu collaborates with talented professionals in his field, including Jeffrey Langus and Rajen Srinivasa Prabhu. Their combined expertise fosters an environment of innovation and creativity, leading to advancements in mobile payment technologies.
Conclusion
Venu Appana's contributions to mobile payment solutions through his patents and work at Mastercard highlight his role as a key innovator in the industry. His efforts are paving the way for more secure and efficient digital transactions in the future.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile