MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611058431 A) filed by Sharda University on May 07, 2026, for A Conditional And Adaptive Payment Execution System.
Inventor includes Dr. Mayank Kumar Goyal.
The application for the patent was published on July 17, 2026, under issue no. 29/2026.
Abstract: An AI-based conditional and adaptive payment execution system (100) and method for preventing unauthorized or fraudulent digital payment transactions is disclosed. The system comprises a payment initiation module (110), a contextual and behavioral data acquisition engine (120), a real-time risk scoring engine (130) employing trained machine learning models, a conditional adaptive execution control...