Abstract: Method and System for performing secure card less transactions using a user device is disclosed. Initially, an authenticated banking application is downloaded on the user device wherein the downloaded application is linked to a user by a unique ID. To perform a transaction, the user logs in to the downloaded application and after login the user device and the ATM are securely paired, wherein the ATM also has a location based unique ID. The secure pairing process uses parameters such as a specific application identifier and a transaction terminal identifier. Once the user initiates the secure pairing process, the ATM displays a unique number generated by the bank server. The unique number is linked to the user and is entered in the portable device. Further, biometric authentication is performed and after validating a token ID is generated where a User specific UI is obtained and rendered onto the user device.

Abstract: The present invention relates to a reusable physical financial instrument and a system and a method for enabling the financial instrument to perform multiple financial transactions. The financial instrument is capable of creating mixed reality experience when it comes in vicinity of the payor or payee device or ATM. Through the created mixed reality experience, the payor and the payee inputs payor-side and payee-side transaction and biometric data which are stored onto smart chip of the instrument and/or on Cloud Storage using cloud computing interface. The stored payor-side and payee-side transaction data are cross-validated and their biometric data is further verified against golden copy at the respective financial institutions or at the Central Authority's repositories for performing the financial transaction.

Abstract: Disclosed is a system and method for biometric authentication of a user using a personalised identification and associated biometric data. In one embodiment, a plurality of personalised identifiers and biometric data may be captured from a number of users and stored in a repository as stored records. The authentication process may be divided into two phases. In the first phase, either a speech recognition or character recognition process may be applied in order to determine the text spoken or written by the user. Subsequently a few records may be fetched from the repository on the basis of text mapping. In the second phase, biometric authentication may be performed by comparing the biometric sample with the stored biometric data corresponding to the fetched records to uniquely identify a single user. Further a machine learning technique may be applied in order to periodically refine a plurality of models stored in the repository.

Abstract: This disclosure relates generally to screening candidate profile, and more particularly to system and method for screening candidate profile. In one embodiment, the method includes dividing a candidate profile into a plurality of subset-profiles having subset-profile information of attributes of the candidate profile. The subset-profile information is mapped with target-profile information of a plurality of targets to identify a set of targets capable of screening the subset-profile information. Queries are provisioned to the set of targets for performing screening, and responses to queries are received from therefrom. An aggregated weightage associated with the responses is computed based at least on an extent of matching of the responses and a confidence score associated with each target of the set of targets. The aggregated weightage is compared with a threshold value of weightage to identify the subset-profile information as one of a valid information and an invalid information.

Abstract: System and method for facilitating an interactive engagement of a user with an online application is disclosed. The method comprises presenting one or more first questions, to the user, associated with the online application. For the one or more first questions, a first response is received from the user. The first response indicates behavioral characteristics of the user. The method comprises assigning a first engagement metric based on the first response. Further, one or more second questions are presented, to the user, associated with the online application. The one or more second questions are dynamically restructured based on the first engagement metric. The method comprises receiving a second response corresponding to the one or more second questions. The method further comprises modifying the first engagement metric into a second engagement metric based on the second response. The method further comprises calculating a score based on the second engagement metric.

Abstract: The present disclosure relates generally to communication technologies, and more particularly to a method and system for establishing a stateless communication between the two devices. In one embodiment, a method for providing communication is disclosed, comprising: receiving a first trigger signal from the electronic device and a second trigger signal from the mobile device; matching the first trigger signal with the second trigger signal in order to validate the communication between the electronic device and the mobile device; generating a first identification token for the electronic device and a second identification token for the mobile device based on the matching; transmitting the first identification token to the electronic device and the second identification token to the mobile device; and providing the communication between the electronic device and the mobile device based on the first identification token and the second identification token.

Abstract: Systems and methods for facilitating peer-to-peer communication are disclosed. A payor and a payee may establish a communication request with intent to execute a transaction in a P2P payment. The payee and the payor may transmit a first request and a second request respectively to an intermediary server to establish the communication. Based on the first request and the second request, the intermediary server sends one or more identification elements to the payee and payor. The payee and payor are identified at intermediary server as parties for P2P payment after an augmented reality (AR) experience and a resultant synchronized action that sends first trigger request and second trigger request from the respective devices.

Abstract: The present invention relates to a reusable physical financial instrument and a system and a method for enabling the financial instrument to perform multiple financial transactions. The financial instrument is capable of creating mixed reality experience when it comes in vicinity of the payor or payee device or ATM. Through the created mixed reality experience, the payor and the payee inputs payor-side and payee-side transaction and biometric data which are stored onto smart chip of the instrument and/or on Cloud Storage using cloud computing interface. The stored payor-side and payee-side transaction data are cross-validated and their biometric data is further verified against golden copy at the respective financial institutions or at the Central Authority's repositories for performing the financial transaction.

Abstract: Methods, systems and devices for multi-factor authentication (MFA) are described. An MFA device includes a plurality of tiles, a frame to hold the tiles and a stylus movable over the frame and the tiles. Each of the tiles includes at least one of visible indicia and tactile indicia, for representing a notation, and at least one track of acoustic code generation indicia. The acoustic code generation indicia of each tile, on being swiped, generate a complex sound waveform that encodes a composite binary pattern. The composite binary pattern comprises information blocks including a device identifier block for a device identifier associating the MFA device with a user, a biometric block for at least a part of a biometric pattern of the user, and a data block for the notation of the corresponding tile.

Abstract: The present invention relates to a reusable physical financial instrument and a system and a method for enabling the financial instrument to perform multiple financial transactions. The financial instrument is capable of creating mixed reality experience when it comes in vicinity of the payor or payee device or ATM. Through the created mixed reality experience, the payor and the payee inputs payor-side and payee-side transaction and biometric data which are stored onto smart chip of the instrument and/or on Cloud Storage using cloud computing interface. The stored payor-side and payee-side transaction data are cross-validated and their biometric data is further verified against golden copy at the respective financial institutions or at the Central Authority's repositories for performing the financial transaction.