Technical Description
This technology introduces a system and method for securing the transaction request receiving from user by determining the match between the request and an intent related to transaction to be performed. It includes intent matching system that compares the incoming transaction request with the stored intent to determine a match.
Problems Addressed
- Risk Of Fraudulent Transaction
- Acquisition Of Security Data
- Open-By-Default Financial Authorization
- Unauthorized Payment Execution
- No Pre Transaction Intent
- Absence Of Authorization Control System
Tech Features
- Conditional Transaction Approval
- Intent Based Authorization Matching
- Locked-By-Default Transaction System
- Custodian Entity Integration
- Automated Decision Engine
- User Controlled Configurable Authorization Engine
Target Audience
- Banking and Financial Services
- Digital payment & Fin-Tech Companies
- E-Commerce & Online Marketplaces
- Enterprise IT and Cybersecurity
- Telecommunication Sector
Tech ID: P11-2085 TRL 3 Patent Status: Granted Available For Exclusive and Non-exclusive License
