MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202541112585 A) filed by Iyswarya K; Naveen Prabu P; Prathosh T S; Pravin S; and Ragul T, Coimbatore, Tamil Nadu, on Nov. 17, 2025, for 'secure online transaction management system.'
Inventor(s) include Iyswarya K; Naveen Prabu P; Prathosh T S; Pravin S; and Ragul T.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "The present invention relates to a secure digital transaction system for performing online financial operations such as payments and fund transfers. The system employs both symmetric and asymmetric cryptographic techniques, including Advanced Encryption Standard (AES) and Rivest-Shamir-Adleman (RSA) algorithms? to protect transaction data against unauthorized access. It incorporates multi-factor authentication, secure session .hand! ing, and user identity verification to ensure data confidentiality and integrity. A role-based access control mechanism and a centralized relational database structure are implemented for secure data management. The backend system utilizes Java-based enterprise technologies to provide scalability and reliable performance. An intelligent fraud detection module continuously analyses transaction patterns to identify anomalous or potentially fraudulent activities. The invention provides a secure and efficient framework for conducting electronic payments and fund transfers in digital financial environments. The present invention relates to a secure money transaction system that ensures the confidentiality and integrity of digital financial operations using hybrid cryptographic techniques. The system combines Advanced Encryption Standard (AES) and Rivest-Shamir-. Ad Ieman (RSA) algorithms for data and key protection, supported by rimlti-factor authentication and secure session handling. It employs role-based access control and encrypted database storage to prevent unauthorized access. An intelligent fraud detection module continuously monitors transactions to identify anomalies. The invention offers a scalable, reliable, and secure framework for online payments and fund transfers in digital financial environments."
Disclaimer: Curated by HT Syndication.
