ROLLING AVAILABILITY OF PAYMENT CARD CREDIT LIMIT TO PREVENT FRAUDULENT CARD TRANSACTIONS

The present disclosure relates to a method of preventing unauthorized high value purchases by fraudsters when payment card credentials are compromised. This is performed by controlling an available credit limit or balance of the payment card of a cardholder through a rolling window. The method includes adding a feature to a card issuing bank or institution’s net banking account that may allow the cardholder to set a fixed available rolling credit limit or balance window for the cardholder’s payment card transactions. Further, the method may allow the cardholder to set the rolling availability of credit limit feature to an ON state or an OFF state. In the ON state, the cardholder may make a transaction that is limited to the amount set in the rolling availability of credit limit. In the OFF state, payment up to a total available credit limit or balance may be made i.e., the cardholder may make a transaction that may equal the total available balance in the cardholder’s account

A METHOD AND A DEVICE FOR PERFORMING A TRANSACTION USING DIGITAL PAYEMENT CARD LINKED WITH A SIM CARD

The present disclosure relates to a method and device for linking digital payment card with a SIM card. Initially, a user 101 may request an issuer bank for issuing a payment card. Further, the user may receive a digital payment card from the issuer bank 103. The issuer bank 103 may transmit the digital payment card to the user only upon successful authorization of the user. Thereafter, the user may register the digital payment card with the existing SIM card 105 of the user’s mobile device 109 using an application installed within the user device associated with the user 101. During registration, the user may provide one or more credentials of the payment card and link the digital payment card with the SIM card. Moreover, the SIM card 105 stores one or more credentials of the digital payment card. Finally, the user may perform a transaction using the user device in which the SIM card may transmit the credentials to the POS device using a NFC technology for performing fund transfer between the user and a merchant

OPTIMIZATION OF CARD REISSUE PROCESS FOR EXPIRY DATE CHANGE

The present disclosure relates to a technique for providing optimization of payment card reissue process to update an expiry date of the payment card. The technique recites generating a payment card for each of the payment card holders by using personal details of the payment card holder and account details of the payment card holder, and information of network provider for the payment card transaction. The technique involves providing the payment card to the issuer, where the payment card includes a month and a year in multiple of n. The technique involves monitoring the expiry date of the payment card and updating the expiry date of the payment card in the database of the issuer, based on the monitored expiry date

SYSTEM AND METHOD FOR DYNAMIC LINK ACTIVATION IN EMAIL MESSAGES FOR PHISHING PREVENTION

The present disclosure relates to a system and a method for dynamic link activation in email messages to prevent phishing attacks. The present disclosure suggests receiving incoming emails from a user’s computing device. Thereafter, the received emails are analyzed to detect suspicious emails, and the detected suspicious emails are sent to a link activation system. Upon receiving suspicious emails, the link activation system disables all embedded links in the suspicious email and generates a user interface. The user interface allows users to review information related to disabled links. Subsequently, the user may choose to activate or deactivate the links based on the information related to the disabled links. Further, the present disclosure suggests monitoring user interface interactions as well as the link activation system and refining an email analysis unit to make accurate prediction of the suspicious emails

PAYMENT CARD SPENDING TIER-BASED DISCOUNT AT MERCHANT STORE

The present disclosure relates to system and method for implementing tier-based discount. The method comprises creating a plurality of predefined expense tiers and corresponding discount percentages, determining customer’s/user\u27s cumulative expenses over a specific period for a merchant, assigning an expense tier to the user from the plurality of predefined expense tiers based on the user\u27s cumulative expenses, fetching the discount percentage corresponding to the user\u27s expense tier at the time of billing, and creating a final invoice after applying the discount percentage

PAYMENT REMINDER TECHNIQUE WITH ENHANCED EFFICIENCY

The present disclosure relates to the payment reminder process. It proposes to improve the efficiency of payment reminder process by sending the reminders at customer’s preferred timing (like at what time in the day, on which day of the week, on which date of the month) and communication channel (like email, SMS, phone call). A reinforcement learning technique and particularly Q-learning may be used to derive the decisions based on parameters like customer’s payment history, past reminder interactions at different timings, reminder channels (like email, SMS, phone call); and find the best possible timing and channel of communication for the customer to send the reminders of upcoming due bill payments

MGDD: Mycobacterium tuberculosis Genome Divergence Database

<p>Abstract</p> <p>Background</p> <p>Variation in genomes among different closely-related organisms can be linked to phenotypic differences. A number of mechanisms, such as replication error, repeat expansion and contraction, recombination and transposition can contribute to genomic differences. These processes lead to generation of SNPs, different types of repeat-based and transposons or IS-element-based polymorphisms, inversions and duplications and changes in synteny. A database of all the variations in a group of organisms is not only useful for understanding genotype-phenotype relationship but also in clinical applications. There is no database available at present that provides information about detailed genomic variations among different strains and species of <it>Mycobacterium tuberculosis </it>complex, organisms responsible for human diseases.</p> <p>Description</p> <p>MGDD is a free web-based database that allows quick user friendly search to find different types of genomic variations among a group of fully sequenced organisms belonging to <it>M. tuberculosis </it>complex. The searches are based on data generated by pair wise comparison using a tool that has already been described. Different types of variations that can be searched are SNPs, indels, tandem repeats and divergent regions. The searches can be designed to find specific variations either in a given gene or any given location of the query genome with respect to any other genome currently available.</p> <p>Conclusion</p> <p>Web-based database MGDD can help to find all the possible differences that exists between two strains or species of <it>M. tuberculosis </it>complex. The search tool is very user-friendly and can be used by anyone not familiar with computational methods and will be useful to both clinicians and researchers working on tuberculosis and other Mycobacterial diseases.</p

ONE-TIME CREDIT SHARING WITH FAMILY MEMBERS AND FRIENDS THROUGH CREDIT CARDS

The present disclosure discloses a system and method for one-time credit sharing with family members and friends. The one-time credit sharing method includes receiving a credit sharing request from the first user device. The system includes notifying a second user device about the credit sharing request. The second user may approve/reject the credit sharing request of the first user. Once the second user approves the credit sharing request, the available credit limit of the first user is increased by an amount the credit sharing request was for