Patents by Inventor Ramkumar Jambunathan

Ramkumar Jambunathan 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).

  • System, method, and computer program product for real-time automatic authorization of a payment transaction
    Patent number: 12293366
    Abstract: Provided is a computer-implemented method for real-time automatic authorization of a payment transaction that is independent of an authorization input from a consumer. The method may include receiving first data associated with a consumer, generating a payment transaction classification model based on the first data associated with the consumer, receiving second data associated with the consumer, determining whether to process a payment transaction in real-time between the consumer and a merchant independent of an authorization input received from the consumer using the payment transaction classification model and the second data associated with the consumer, and processing a payment transaction between the consumer and the merchant based on determining to process the payment transaction in real-time between the consumer and the merchant.
    Type: Grant
    Filed: February 21, 2023
    Date of Patent: May 6, 2025
    Assignee: Visa International Service Association
    Inventors: Emese Bari, Jiri Medlen, Ramkumar Jambunathan
  • System, Method, and Computer Program Product for Real-Time Automatic Authorization of a Payment Transaction
    Publication number: 20230206239
    Abstract: Provided is a computer-implemented method for real-time automatic authorization of a payment transaction that is independent of an authorization input from a consumer. The method may include receiving first data associated with a consumer, generating a payment transaction classification model based on the first data associated with the consumer, receiving second data associated with the consumer, determining whether to process a payment transaction in real-time between the consumer and a merchant independent of an authorization input received from the consumer using the payment transaction classification model and the second data associated with the consumer, and processing a payment transaction between the consumer and the merchant based on determining to process the payment transaction in real-time between the consumer and the merchant.
    Type: Application
    Filed: February 21, 2023
    Publication date: June 29, 2023
    Inventors: Emese Bari, Jiri Medlen, Ramkumar Jambunathan
  • System, method, and computer program product for real-time automatic authorization of a payment transaction
    Patent number: 11615417
    Abstract: Provided is a computer-implemented method for real-time automatic authorization of a payment transaction that is independent of an authorization input from a consumer. The method may include receiving first data associated with a consumer, generating a payment transaction classification model based on the first data associated with the consumer, receiving second data associated with the consumer, determining whether to process a payment transaction in real-time between the consumer and a merchant independent of an authorization input received from the consumer using the payment transaction classification model and the second data associated with the consumer, and processing a payment transaction between the consumer and the merchant based on determining to process the payment transaction in real-time between the consumer and the merchant.
    Type: Grant
    Filed: October 2, 2018
    Date of Patent: March 28, 2023
    Assignee: Visa International Service Association
    Inventors: Emese Bari, Jiri Medlen, Ramkumar Jambunathan
  • SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR REAL-TIME AUTOMATIC AUTHORIZATION OF A PAYMENT TRANSACTION
    Publication number: 20210390552
    Abstract: Provided is a computer-implemented method for real-time automatic authorization of a payment transaction that is independent of an authorization input from a consumer. The method may include receiving first data associated with a consumer, generating a payment transaction classification model based on the first data associated with the consumer, receiving second data associated with the consumer, determining whether to process a payment transaction real-time between the consumer and a merchant independent of an authorization input received from the consumer using the payment transaction classification model and the second data associated with the consumer, and processing a payment transaction between the consumer and the merchant based on determining to process the payment transaction in real-time between the consumer and the merchant.
    Type: Application
    Filed: October 2, 2018
    Publication date: December 16, 2021
    Inventors: Emese Bari, Jiri Medlen, Ramkumar Jambunathan