Patents by Inventor Ashish Kulpati
Ashish Kulpati has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Publication number: 20240037522Abstract: Systems and methods for processing a financial transaction are provided. In a method conducted at an issuing server computer associated with a first entity, a transaction request message is transmitted to an acquiring server computer associated with a second entity. The transaction request message is in respect of a push transaction in which funds from the first entity are transferred to the second entity and includes a first set of data elements. In response to transmitting the transaction request message, a transaction response message and a second set of data elements are received. The second set of data elements are associated with the first set of data elements and the financial transaction is processed using information contained in the first set of data elements and the second set of data elements.Type: ApplicationFiled: October 5, 2023Publication date: February 1, 2024Applicant: Visa International Service AssociationInventors: Koni Uttam Nayak, Ashish Kulpati, Pankaj Rajurkar, Glenn Leon Powell
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Patent number: 11810085Abstract: Systems and methods for processing a financial transaction are provided. In a method conducted at an issuing server computer associated with a first entity, a transaction request message is transmitted to an acquiring server computer associated with a second entity. The transaction request message is in respect of a push transaction in which funds from the first entity are transferred to the second entity and includes a first set of data elements. In response to transmitting the transaction request message, a transaction response message and a second set of data elements are received. The second set of data elements are associated with the first set of data elements and the financial transaction is processed using information contained in the first set of data elements and the second set of data elements.Type: GrantFiled: June 9, 2021Date of Patent: November 7, 2023Assignee: Visa International Service AssociationInventors: Koni Uttam Nayak, Ashish Kulpati, Pankaj Rajurkar, Glenn Leon Powell
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Publication number: 20210357885Abstract: Systems and methods for processing a financial transaction are provided. In a method conducted at an issuing server computer associated with a first entity, a transaction request message is transmitted to an acquiring server computer associated with a second entity. The transaction request message is in respect of a push transaction in which funds from the first entity are transferred to the second entity and includes a first set of data elements. In response to transmitting the transaction request message, a transaction response message and a second set of data elements are received. The second set of data elements are associated with the first set of data elements and the financial transaction is processed using information contained in the first set of data elements and the second set of data elements.Type: ApplicationFiled: June 9, 2021Publication date: November 18, 2021Inventors: Koni Uttam Nayak, Ashish Kulpati, Pankaj Rajurkar, Glenn Leon Powell
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Patent number: 11062281Abstract: Systems and methods for processing a financial transaction are provided. In a method conducted at an issuing server computer associated with a first entity, a transaction request message is transmitted to an acquiring server computer associated with a second entity. The transaction request message is in respect of a push transaction in which funds from the first entity are transferred to the second entity and includes a first set of data elements. In response to transmitting the transaction request message, a transaction response message and a second set of data elements are received. The second set of data elements are associated with the first set of data elements and the financial transaction is processed using information contained in the first set of data elements and the second set of data elements.Type: GrantFiled: October 6, 2015Date of Patent: July 13, 2021Assignee: Visa International Service AssociationInventors: Koni Uttam Nayak, Ashish Kulpati, Pankaj Rajurkar, Glenn Leon Powell
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Publication number: 20210049560Abstract: A new processing method is disclosed. The processing method includes receiving by a server computer, an update request message from a first authorizing computer for an interaction between two users. The update may be a transfer of interaction value from a first user to a second user, and may include such interaction details as the interaction value and information for a one-way token. The server computer may parse the update request message to determine the one-way token, and may determine a second account of the second user from the token. The server computer may determine a second authorizing computer associated with the second account, and may modify the update request message to include a second user account identifier as well as value adjustments based on calculated interaction velocities. The server computer may forward the update request message to the second authorizing computer for updating the account accordingly.Type: ApplicationFiled: March 8, 2018Publication date: February 18, 2021Inventors: Ashish Kulpati, Pankaj Rajurkar, Shantnu Singh, Vikram Modi, Koni Uttam Nayak
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Patent number: 10902397Abstract: A method and system provide interoperable electronic financial services using mobile communications devices and without the need for traditional banking systems like plastic cards, POS machines, branches and ATMs. A consumer can deposit and/or withdraw money from his account using his mobile device and with the help of a local agent without ever stepping inside a branch of a bank where the consumer has an account. The system uses the consumers ID and his mobile number to generate a PAN for the consumer, which is then used to route the transactions. The system uses indicators in the transaction to identify transaction purpose and thus enable appropriate interchange, clearing and settlement between participating entities. The system provides real-time feedback on the transactions and reduces costs by enabling an agent to service consumers of multiple banks and payment service providers.Type: GrantFiled: November 5, 2019Date of Patent: January 26, 2021Assignee: VISA INTERNATIONAL SERVICE ASSOCIATIONInventors: Ashish Kulpati, Joseph Gordon Cooper, Ginger Baker
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Publication number: 20200175488Abstract: A method and system provide interoperable electronic financial services using mobile communications devices and without the need for traditional banking systems like plastic cards, POS machines, branches and ATMs. A consumer can deposit and/or withdraw money from his account using his mobile device and with the help of a local agent without ever stepping inside a branch of a bank where the consumer has an account. The system uses the consumers ID and his mobile number to generate a PAN for the consumer, which is then used to route the transactions. The system uses indicators in the transaction to identify transaction purpose and thus enable appropriate interchange, clearing and settlement between participating entities. The system provides real-time feedback on the transactions and reduces costs by enabling an agent to service consumers of multiple banks and payment service providers.Type: ApplicationFiled: November 5, 2019Publication date: June 4, 2020Inventors: Ashish Kulpati, Joseph Gordon Cooper, Ginger Baker
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Patent number: 10504082Abstract: A method and system provide interoperable electronic financial services using mobile communications devices and without the need for traditional banking systems like plastic cards, POS machines, branches and ATMs. A consumer can deposit and/or withdraw money from his account using his mobile device and with the help of a local agent without ever stepping inside a branch of a bank where the consumer has an account. The system uses the consumers ID and his mobile number to generate a PAN for the consumer, which is then used to route the transactions. The system uses indicators in the transaction to identify transaction purpose and thus enable appropriate interchange, clearing and settlement between participating entities. The system provides real-time feedback on the transactions and reduces costs by enabling an agent to service consumers of multiple banks and payment service providers.Type: GrantFiled: December 13, 2016Date of Patent: December 10, 2019Assignee: Visa International Service AssociationInventors: Ashish Kulpati, J. Gordon Cooper, Ginger Baker
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Publication number: 20180276667Abstract: A system and a method in which supplemental information related to a first entity of a transaction is provided to a second entity of the transaction are provided. In a method conducted at an authorization server associated with the user, a transaction message including an amount associated with the transfer of funds, an account identifier of the recipient, and an access credential of the user is received from a mobile device of the user. In some embodiments, if a permission indication indicates that the requested supplemental information may be shared with the recipient, a transaction request message is generated including the amount, the account identifier and the requested supplemental information. A response message is transmitted for receipt by a transport computer associated with the recipient for processing the transaction and conditional forwarding of the requested supplemental information to the recipient.Type: ApplicationFiled: November 22, 2016Publication date: September 27, 2018Inventors: Pankaj Rajurkar, Ashish Kulpati, Koni Uttam Nayak, Gurumoorthy Hariharan
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Publication number: 20170270494Abstract: Systems and methods for processing a financial transaction are provided. In a method conducted at an issuing server computer associated with a first entity, a transaction request message is transmitted to an acquiring server computer associated with a second entity. The transaction request message is in respect of a push transaction in which funds from the first entity are transferred to the second entity and includes a first set of data elements. In response to transmitting the transaction request message, a transaction response message and a second set of data elements are received. The second set of data elements are associated with the first set of data elements and the financial transaction is processed using information contained in the first set of data elements and the second set of data elements.Type: ApplicationFiled: October 6, 2015Publication date: September 21, 2017Inventors: Koni Uttam Nayak, Ashish Kulpati, Pankaj Rajurkar, Glenn Leon Powell
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Publication number: 20170148013Abstract: E-commerce personal account numbers, shipping addresses, and other data may be tokenized to facilitate transaction completion by establishing e-commerce browser standards. Tag data may be received from a website associated with an e-commerce transaction. The tag data may include an indication that a merchant payment webpage is configured to receive a payment transaction via a token. Tokens may then be created from a personal account number and a shipping address corresponding to the personal account number in response to a request for token data.Type: ApplicationFiled: November 23, 2016Publication date: May 25, 2017Inventors: PANKAJ RAJURKAR, Ashish Kulpati, Koni Uttam Nayak, Gurumoorthy Hariharan, Aparna Krishnan Girish, Parveen Bansal, Michelle Scurrah
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Publication number: 20170091735Abstract: A method and system provide interoperable electronic financial services using mobile communications devices and without the need for traditional banking systems like plastic cards, POS machines, branches and ATMs. A consumer can deposit and/or withdraw money from his account using his mobile device and with the help of a local agent without ever stepping inside a branch of a bank where the consumer has an account. The system uses the consumers ID and his mobile number to generate a PAN for the consumer, which is then used to route the transactions. The system uses indicators in the an transaction to identify transaction purpose and thus enable appropriate interchange, clearing and settlement between participating entities. The system provides real-time feedback on the transactions and reduces costs by enabling an agent to service consumers of multiple banks and payment service providers.Type: ApplicationFiled: December 13, 2016Publication date: March 30, 2017Inventors: Ashish Kulpati, Joseph Cooper, Ginger Baker
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Patent number: 9552573Abstract: A method and system provide interoperable electronic financial services using mobile communications devices and without the need for traditional banking systems like plastic cards, POS machines, branches and ATMs. A consumer can deposit and/or withdraw money from his account using his mobile device and with the help of a local agent without ever stepping inside a branch of a bank where the consumer has an account. The system uses the consumers ID and his mobile number to generate a PAN for the consumer, which is then used to route the transactions. The system uses indicators in the transaction to identify transaction purpose and thus enable appropriate interchange, clearing and settlement between participating entities. The system provides real-time feedback on the transactions and reduces costs by enabling an agent to service consumers of multiple banks and payment service providers.Type: GrantFiled: April 11, 2012Date of Patent: January 24, 2017Assignee: Visa International Service AssociationInventors: Ashish Kulpati, Joseph Gordon Cooper, Ginger Baker
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Publication number: 20140108249Abstract: A method and system provide interoperable electronic financial services using mobile communications devices and without the need for traditional banking systems like plastic cards, POS machines, branches and ATMs. A consumer can deposit and/or withdraw money from his account using his mobile device and with the help of a local agent without ever stepping inside a branch of a bank where the consumer has an account. The system uses the consumers ID and his mobile number to generate a PAN for the consumer, which is then used to route the transactions. The system uses indicators in the transaction to identify transaction purpose and thus enable appropriate interchange, clearing and settlement between participating entities. The system provides real-time feedback on the transactions and reduces costs by enabling an agent to service consumers of multiple banks and payment service providers.Type: ApplicationFiled: April 11, 2012Publication date: April 17, 2014Inventors: Ashish Kulpati, Joseph Gordon Cooper, Ginger Baker
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Publication number: 20110270744Abstract: A mobile tangible value banking system is disclosed. A mobile tangible value banking system enables a consumer entity to make a withdrawal from or deposit to their bank account by physically exchanging tangible value with a banking agent and correspondingly verifying the deposit or withdrawal using a mobile device. The consumer entity and the banking agent may be mobile and free to meet in a predetermined location, which may allow banking services to enter remote areas of emerging markets.Type: ApplicationFiled: April 18, 2011Publication date: November 3, 2011Inventors: Ginger Baker, In-Tchang Kim, Ashish Kulpati, Rachel Bale, Joseph Gordon Cooper, Sachin Bountra, Bharatkumar Patel
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SYSTEM AND METHOD FOR PROVIDING AUTHENTICATION FOR CARD NOT PRESENT TRANSACTIONS USING MOBILE DEVICE
Publication number: 20100312703Abstract: A system, apparatus, and method includes infrastructure and processes to enable a consumer to register their mobile phone number and associate that number with a payment account. After registration, the consumer may use their mobile phone to initiate or perform one or more stages of a payment transaction. The payment transaction is recognized as being initiated or performed by a mobile phone, and in response a server may authenticate the transaction based on the mobile phone number and a previous registration and authentication process. In other embodiments, the server may recognize the payment transaction as being initiated or performed by a mobile phone, and in response contact the consumer using the mobile phone to request confirmation of the consumer's desire to perform the transaction.Type: ApplicationFiled: June 1, 2010Publication date: December 9, 2010Inventors: Ashish Kulpati, Pankaj Rajurkar, Soon Guan Sam Oon, Douglas Fisher, James Dene Dimmick, Benedicto Hernandez Dominguez, In-Tchang Kim