ALEXANDRIA, Va., June 10 -- United States Patent no. 12,293,362, issued on May 6, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Artificial intelligence based product recommendation methods and systems for enhancing approvals of payment processing requests" was invented by Puneet Vashisht (Gurgaon, India), Gaurav Dhama (Gurgaon, India), Ankur Arora (New Delhi), Siddharth Vimal (Chandigarh, India) and Hardik Wadhwa (Bangalore, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Recommendations of one or more authorizing components are provided to issuers and/or merchants for enhancing approval rates of payment processing requests. A server system receives a payment authorization request for...