Mastercard International Assigned Patent for Methods for Risk Management in Payment-enabled Mobile Device

By Targeted News Service

ALEXANDRIA, Va., April 24 -- Mastercard International, Purchase, N.Y., has been assigned a patent (8,706,556) developed by five co-inventors for "methods for risk management in payment-enabled mobile device." The co-inventors are Patrick Mestre, Namur, Belgium, Cristian Radu, Beauvechain, Belgium, Patrik Smets, Nijlen, Belgium, Simon Phillips, York, United Kingdom, and Ronald D. Carter, Barrington, United Kingdom.

The patent application was filed on Oct. 29, 2010 (12/915,603). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8,706,556.PN.&OS=PN/8,706,556&RS=PN/8,706,556

Written by Balkishan Dalai; edited by Jaya Anand.

BD0424JA0424-1003924