US Patent Issued to Visa International Service Association on Oct. 6 for "System, method, and computer program product for transaction data compression" (Indian Inventors)

ALEXANDRIA, Va., Oct. 6 -- United States Patent no. 12,755,262, issued on Oct. 6, was assigned to Visa International Service Association (San Francisco).

"System, method, and computer program product for transaction data compression" was invented by Sahil Arora (Haryana, India) and Palakh Shangle (Bengaluru, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer program products are provided for transaction data compression. An example system includes at least one processor configured to: segment transaction data into numerical data, sensitive data, string data, and temporal data; compress, using at least one first compression algorithm, the numerical data into compressed numeric...