US Patent Issued to Mastercard International on Aug. 11 for "System and method for validating a genuine transaction card" (Indian, American Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,626, issued on Aug. 11, was assigned to Mastercard International Inc. (Purchase, N.Y.).

"System and method for validating a genuine transaction card" was invented by Sachin Kumar Singh (Pune, India), Kaushal Shetty (O'Fallon, Mo.) and Mayank Joshi (Pune, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for validating a genuine transaction card. A request to validate a transaction card is received from a merchant application running on a mobile device. In response to the request, a validator service module performs a liveliness check of the transaction card. The validator service module receives, via a data streaming engine, t...