Class / Patent application number | Description | Number of patent applications / Date published |
705045000 | With paper check handling | 64 |
20090018960 | Method of operating a remote check image capture system and an apparatus therefor - A method is provided of operating a remote check image capture system. The method comprises scanning a batch of checks to provide a stream of captured check images, locally storing the captured check images, and transmitting the captured check images to a bank server while other checks are being scanned to enable a human operator to begin balancing checks without having to wait until all checks of the batch of checks have been scanned. | 01-15-2009 |
20090106154 | Remote Deposit Gateway - The remote deposit gateway is a payment management system designed to capture many types of payments and provide basic management tools for tracking and researching these payments. Payment capture of check images are used for Check 21 Act processing. Recurring checks allow scanned checks to be used on a recurring payment plan. Credit card payments can be entered for single or recurring payments. Management of returns and special notes for each item are allowed in the system. Batching of payments and checking sums is a feature of the system. The system employs a smart calendar program to track processing chronologically. Use of the system speeds up funds collection times, reduces collection costs and increases collection rates on returned items. | 04-23-2009 |
20090204540 | Control features in a system and method for processing checks and check transactions - A method of processing paper checks that divides into two independent paths the processing of a data file representing a check and the digital image of the check. The data files and image files are separated both in time and in space, with the data files being used to promptly initiate the transfer of funds to and from appropriate accounts, while the paper checks, at a remote location and typically lagging in time, are scanned to create digital image files and deposited as an image or substitute check if deemed ACH ineligible. The method provides for the comparison of data files to image files, based on MICR information, to find any unmatching or mismatched items for exception processing and a process to manage ACH-ineligible items as an image or substitute check. The process further provides for a trial period protocol for performing image matching on ACH-eligible items during a trial period before sending such transactions for settlement. | 08-13-2009 |
20090307136 | System and method for processing checks and check transactions with thresholds for adjustments to ACH transactions - A system and method of processing paper checks that divides into two independent paths the processing of a data file representing a check and the digital image of the check. The data files and image files are separated both in time and in space, with the data files being used to promptly initiate the transfer of funds to and from appropriate accounts, while the paper checks, at a remote location and typically lagging in time, are scanned to create digital image files and deposited as an image or substitute check if deemed ACH ineligible. The method provides for the comparison of data files to image files, based on MICR information, to find any unmatching or mismatched items for exception processing and a process to manage ACH-ineligible items as an image or substitute check. The system and method further provides for sorting exceptions according to transaction type (ACH eligible versus ACH-ineligible) and prioritizing the further processing of the exceptions based on transaction type. | 12-10-2009 |
20100070415 | METHOD AND SYSTEM FOR PROCESSING FINANCIAL INSTRUMENT DEPOSITS PHYSICALLY REMOTE FROM A FINANCIAL INSTITUTION - A system that includes computer hardware, computer software, apparatus, and methodology that enables individuals, businesses, and all types of organizations (both for profit and non-profit) to capture and securely transmit check images (including, but not limited to, personal checks, business checks, travelers checks, money orders, merchant coupons, food coupons, line of credit checks, etc.), deposit information, and other information from remote locations (i.e., locations that could include the financial institution's remote locations, other financial institution's locations, businesses, private residences, etc.), for the purpose of having those checks credited to the depositing individual's or organization's bank account(s) and having the check images (and/or physical checks) entered into the bank check clearing channels for ultimate delivery to the maker bank for payment out of the maker's account. | 03-18-2010 |
20100145858 | MONEY ORDER DEBIT FROM STORED VALUE FUND - According to the invention, a method for transferring a credit amount out of an online system using a money order is disclosed. In one step, pay-out instructions are received at a server computer system from a wide-area computer network coupled to a payor. The pay-out instructions include at least two of a payee, a delivery location, and the credit amount. A first handler associated with the payor and a second handler for preparation of the money order according to the pay-out instructions are determined. The credit amount is transferred from the first handler to the online system. The pay-out instructions are sent to the second handler. | 06-10-2010 |
20100161489 | METHODS OF OPERATING A SELF-SERVICE CHECK DEPOSITING TERMINAL TO PROVIDE AN ACKOWLEDGEMENT RECEIPT - A method is provided of operating a self-service check depositing terminal to provide an acknowledgement receipt. The method comprises identifying a depositor, receiving one or more checks from the depositor, generating a check deposit receipt associated with the transaction, obtaining an electronic mail (email) address associated with the identified depositor, attaching the check deposit transaction receipt to the email, printing an acknowledgement receipt which contains the email address, and delivering the printed acknowledgment receipt to the depositor. In another embodiment, the printed acknowledgement receipt may contain a Uniform Resource Locator (URL) associated with the check deposit receipt. | 06-24-2010 |
20100191650 | Cash withdrawal from ATM via videophone - Apparatus and method for purchasing cash from an ATM. The ATM has a unique identifier visibly located thereon. A customer phone includes a camera and a programmable memory. The camera can be used to capture an image of the ATM's identifier. The memory includes customer account data. A customer uses their phone to establish wireless communication with a transaction host. The customer can transmit to the host a request for cash from the ATM. The request includes the account data and the image. The host can use the account data in payment for the requested cash. The host uses the image to identify the particular ATM associated with the request. After payment, the host causes the identified ATM to dispense the requested cash. | 07-29-2010 |
20100306111 | System and Method For Image Depositing, Image Presentment and Deposit Taking in a Commercial Environment - A method and system provides for scanning a check and/or cash to create an electronic image of the front and the back of the check and/or cash. The image is then processed and transmitted electronically to a central location. The image may be recreated into a paper form at the central location, resembling the original paper check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. Paperless processing of checks and cash is thus provided, including local voiding and storage of the check without requiring immediate pickup, while still allowing the transaction to be process. | 12-02-2010 |
20100312705 | APPARATUSES, METHODS AND SYSTEMS FOR A DEPOSIT PROCESS MANAGER DECISIONING ENGINE - The disclosure details the implementation of apparatuses, methods, and systems for a deposit process manager (“DP-Manager”) including aspects of a decisioning engine, aspects of a deposit delay component, and of a de-queueing component. The DPManager is supported by the first workflow process engine in the financial industry to provide end-to-end solutions for complex brokerage and retirement deposits and check clearing. The DPManager can automatically route checks to be cleared electronically at numerous banks/clearing entities based on routing number, time of day, bank fees and float expense. The DPManager can capture data electronically without manual intervention with deposit slips. In one embodiment, the new deposit validation process begins with a scanner installed in every branch. Once a check is scanned, the Deposit Process Management system takes over intelligent processing through several sub-systems. These subsystems include systematic edits including account, product and risk management checking numerous databases to completely automate the deposit validation process. One inventive aspect of the DPManager determines deposit delays based on the characteristics of the check deposited, the writer of the check, the deposit profile of the client, and/or other information. In one embodiment, the delay component employs a matrix that combines check data with industry data and client behavior to determine client funds availability. This delay smoothes the deposit process, allows for greater verification, reduction of errors, and minimization of fraudulent transactions. Another embodiment of the DPManager provides a de-queue facility that enhances error detection, correction and fraud detection when processing deposits In another embodiment, the DPManager has a decisioning engine that employs an ABA/Clearing Entities matrix for optimizing selections of clearing entities for deposits. | 12-09-2010 |
20100332395 | COMPUTER-IMPLEMENTED METHODS OF OPERATING A KEYING AND BALANCING WORKSTATION OF AN IMAGE-BASED CHECK PROCESSING SYSTEM - A computer-implemented method of operating a keying and balancing workstation of an image-based check processing system is provided. The computer-implemented method comprises obtaining a free check item from a list of free check items, extracting payee information from the free check item, establishing a payee name from the extracted payee information, obtaining an account number from a deposit slip, obtaining a list of depositor names based upon the account number obtained from the deposit slip, comparing the payee name with depositor names contained in the list of depositor names to determine if the payee name matches a depositor name, and associating the free check item with the depositor slip when the payee name matches a depositor name from the list of depositor names. | 12-30-2010 |
20110004554 | INTERNATIONAL BANKING SYSTEM AND METHOD - A system and method for providing banks with access to a previously inaccessible existing international infrastructure. A provider bank first establishes on its system, a set of accounts for each of the customers of a client bank (the client bank environment). The client bank environment has its own Demand Deposit Account (DDA) module to process account entries and calculate interest and its own funds transfer module to initiate and to receive funds transfers. The primary interface into the funds transfer section in the client bank environment is to the funds transfer section of the provider bank environment. The funds transfer section of the provider bank is coupled to the systems which constitute the international banking infrastructure that is able to process banking transactions on a global basis for the customers of the client bank. A customer requests a particular international transaction to be performed by its client bank. The client bank then communicates the requested transaction to the funds transfer section in the client bank environment within the system of the provider bank. Once the client bank funds transfer section has received the requested transaction, it references the customer's accounts in the client bank environment (e.g., to debit the customer's account) and then transmit a transaction message (e.g., a payment message) to the funds transfer section of the provider bank environment. The funds transfer section of the provider bank processes the transaction as a typical correspondent bank payment across the Nostro account(s) of the client bank environment (e.g., a high value wire transfer) through one of the clearing systems. Incoming funds (i.e., credits) intended for accounts of customers of the client bank follow this flow in reverse. | 01-06-2011 |
20110087598 | UNIVERSAL POSITIVE PAY MATCH, AUTHENTICATION, AUTHORIZATION, SETTLEMENT AND CLEARING SYSTEM - A Universal Positive Pay Database (UPPD) method, system, and/or computer useable medium to reduce financial transaction fraud. A UPPD database is configured to store thereon transaction records associated with financial transactions corresponding to customers of the UPPD database. A particular financial transaction is initiated between a payer and a payee by providing parameters associated with the financial transaction to the UPPD database. An Issue File is provided to the UPPD database that includes parameters associated with the particular financial transaction. A correspondence determination is made between the financial transaction parameters from the Issue File and the financial transaction parameters provided to the UPPD database at every point along the financial transaction clearing process. The customer, payer, payee, payee bank, drawee bank, and banking institutions intermediate the payee bank and the drawee bank are able to access the correspondence determination at every point along the financial transaction clearing process. | 04-14-2011 |
20110087599 | AUTOMATED PAYMENT SYSTEM AND METHOD - An automated payment system for processing payment by a customer to a company. The payment system includes a document scanning system which has an input receptacle adapted to accept a document. After receiving an authorization agreement from the customer, the scanner acquires at least one image from the document. Also provided is a first computer adapted to receive images from the document scanning system. Adapted to communicate information represented by the image, a first communication link couples the document scanning system and the first computer. The payment system also includes a second computer adapted to receive images which is in communication with the first computer via a second communication link. The second communication link is adapted to communicate images and payment information. | 04-14-2011 |
20110112967 | SYSTEM AND METHOD FOR REMOTE DEPOSIT CAPTURE - A system includes one or more remote check deposit locations, and one or more treasury receipt servers to receive check information captured from the one or more remote check deposit locations, and to receive transaction data from an originating depository financial institution (ODFI), the transaction data including an amount of funds available from clearing the captured check information | 05-12-2011 |
20110184868 | ENHANCED INVITATION PROCESS FOR ELECTRONIC BILLING AND PAYMENT SYSTEM - Enhanced systems and methods for processing invoices, payments, and money transfers are described. One aspect of the invention is a computer-implemented method (and corresponding system and computer program product) for inviting an entity to open an account at a billing and payment system, the method comprising: issuing a check payable to the entity, wherein a checkbox for opening an account at the billing and payment system is printed on an endorsement section of the check along with a reference to additional information regarding additional information related to the account opening; receiving an image of the endorsement section of the check after the check is cleared; determining whether the checkbox is checked in the image; and responsive to a determination that the checkbox is checked, opening an account for the entity at the billing and payment system. | 07-28-2011 |
20110320357 | SYSTEM AND METHOD FOR REAL-TIME STRAIGHT THROUGH PROCESSING AND REAL-TIME PRESENTMENT OF CHECKS - Methods, systems, and apparatus, including computer programs encoded on a computer storage medium, are disclosed for real-time, straight-through processing and real-time presentment of checks and other electronic payment instruments. In one aspect, an image file associated with a payment item received at a first financial institution is generated. The generated image file is transmitted to a second financial institution associated with the payment item immediately after generation of the image file, while the received payment item and generated image file are processing prior to posting a transaction to a customer account at the first financial institution. After completing the processing, a transit item associated with the processed payment item is generated and transmitted to the second financial institution for association with the previously-transmitted image file. | 12-29-2011 |
20110320358 | System and Method for Real-Time and Online Straight-Through Processing and Presentment of Checks - Methods and systems, including computer programs encoded on a non-transitory medium, are disclosed for real-time and/or online straight-through processing, including the forward presentment and return processes of checks and other electronic payment instruments. In one aspect, an image file and transit item associated with a payment item received at a first financial institution are generated during a customer transaction. The image file and item are transmitted to a second financial institution associated with the payment item during the customer transaction performed at the incoming system. The image file and item are then processed and posted at the second financial institution in real-time, with a posting results notification being returned to the first system. During the customer transaction, the first financial institution performs a posting operation based on the posting results notification, thereby allowing the customer and financial institutions to complete the processing of the associated accounts during the customer transaction. | 12-29-2011 |
20120030117 | REMOTE CAPTURE OF MULTIPLE DEPOSIT ITEMS - Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) receiving an image that shows multiple deposit items, where the image was captured by a remote capture device; (b) identifying, based at least partially on the image, deposit item information associated with the multiple deposit items; and/or (c) crediting an account based at least partially on the deposit item information. | 02-02-2012 |
20120030118 | REMOTE CAPTURE OF MULTIPLE DEPOSIT ITEMS USING A GRID - Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) displaying a grid on a display associated with a remote capture device, where the remote capture device is configured to capture an image that shows multiple deposit items, and where the grid comprises a plurality of grid portions; and (b) prompting a user of the remote capture device to arrange the multiple deposit items, or to position or operate the remote capture device, such that each of the deposit items in the multiple deposit items appears in a single grid portion of the display before the image is captured. | 02-02-2012 |
20120101946 | Method and system for distributed check processing at a plurality of sites - According to one embodiment, the present invention relates to a method and a system for distributed check processing at a plurality of sites. A computer implemented method for check processing comprises the steps of receiving a mail item comprising a payment product at a mail facility; identifying a routing code associated with the mail item; routing the mail item to a payment processing system, based on the routing code; at the payment processing system, extracting the payment product from the mail item; electronically transmitting payment data associated with the payment product to an intended recipient for processing; and destroying the payment product at the payment processing system wherein the payment processing system and the mail facility are local. | 04-26-2012 |
20120101947 | WIC Check Processing with Vendor Number Overlay System and Method - A system and method of processing paper checks that divides into two independent paths the processing of a data file representing a check and the digital image of the check. The data files and image files are separated both in time and in space. The digital image files are deposited as an image or substitute check if deemed ACH ineligible through image exchange. WIC checks are handled through image exchange. Vendor identifiers required for WIC processing are added to the check after scanning. The system identifies the state of the check and the particular store accepting the check in order to determine where to place the overlay and which vendor identifier to use. | 04-26-2012 |
20120109825 | Check Clearing Systems - A system and process for more efficiently clearing checks by transmitting MICR line data together with a URL link to facilitate check clearing via electronic debits by an ACH. The URL link can be used at the option of the paying bank (or other entity) to access images of the check from a database. | 05-03-2012 |
20120130899 | CHECK21 PROCESSING OF NON-DDA TRANSACTIONS - Embodiments provide processing of non-DDA transactions as Check21 transactions. In some implementations, a consumer registers a DDA account (e.g., a checking account) with a payment processing entity. The payment processing entity (e.g., or an agent or affiliate) generates a non-DDA account (e.g., a debit card account) and maps the new non-DDA account to the consumer's preexisting DDA account. When the consumer uses the non-DDA account at a point of sale, transaction information, including the non-DDA account information, is routed to the payment processing entity. The payment processing entity uses its mapping to identify the consumer's DDA account, uses the DDA account information and transaction information to generate a Check21-compliant check image, and clears and/or settles the transaction through Check21 channels. Accordingly, from the consumer's perspective, the transaction is carried out as a non-DDA transaction; while from the merchant's perspective, the transaction is processed using relatively low-cost Check21 channels. | 05-24-2012 |
20120136791 | METHOD AND SYSTEM FOR CLEARING FINANCIAL INSTRUMENTS - A method and system for electronically clearing financial instruments through a clearing system in which a per item cost of clearing instruments varies with the time of day. Files of items containing data scanned from financial instruments including an amount of each instrument may be received by a control system that may apply a rule to sort the items by determining whether the item be stored or forwarded for clearing. The rule may include a step of determining whether an amount of the instrument exceeds a predetermined value or meets a certain criteria, and if so, forwarding the instrument for clearing without storage. If the amount of the instrument does not exceed the first predetermined value or meet the criteria, the system may store the item for forwarding at a later time when the per item fee for clearing is lower. | 05-31-2012 |
20120150745 | DOCUMENT IMAGING AND PROCESSING SYSTEM - A document processing system comprising one or more document scanning devices that extract information from document images that uniquely identify a document. The system further comprises a central processor remotely connected to the document scanning devices. The central processor is configured to receive the document images and the extracted information from the document scanning devices and is further configured to execute a correction routine configured to adjust errors in the extracted information from the document image. | 06-14-2012 |
20120158592 | TELLER TERMINAL AND CHECK CASHING METHOD - A teller terminal is provided to handle check cashing. The teller terminal is comprised of a storage unit, a scanner, an identifying unit, a charge setting unit, and a display unit. The storage unit stores bank information and charges associated therewith. The scanner generates a check image based on a check received from a customer. The identifying unit extracts bank information and amount information from the check image. The charge setting unit determines, based on the extracted bank information, a charge related to check cashing by referring to the storage unit. The display unit displays a withdrawal amount calculated based on the extracted amount information and the determined charge. | 06-21-2012 |
20120166342 | SYSTEM AND METHOD FOR PROCESSING CHECKS AND CHECK TRANSACTIONS - A method of processing paper checks that divides into two independent paths the processing of a data file representing a check and the digital image of the check. The data files and image files are separated both in time and in space, with the data files being used to promptly initiate the transfer of funds to and from appropriate accounts, while the paper checks, at a remote location and typically lagging in time, are scanned to create digital image files and deposited as an image or substitute check if deemed ACH ineligible. The method provides for the comparison of data files to image files, based on MICR information, to find any unmatching or mismatched items for exception processing and a process to manage ACH-ineligible items as an image or substitute check. A process for translating raw MICR data to a desired format, and for identifying the proper translation to be applied, is described. | 06-28-2012 |
20120330842 | SYSTEM AND METHOD FOR PROVIDING A DISTRIBUTED DECISIONING ENVIRONMENT FOR PROCESSING OF FINANCIAL TRANSACTIONS - A system and method for providing one or more client systems for communicating with a host system over a network. The client systems use a scanner to convert a paper form of a check, coupon, or other paper document to a digital representation and then the client systems send the digital representation over a network to the host system for storage. The host system archives the digital representation and determines the appropriate processing stream for a transaction related to the paper document (e.g. coupon, check), via a decisioning engine, based on a set of predefined stream selection rules. The host system then communicates the transaction to a back end transaction destination, according to the selected processing stream. Examples of the transaction destination can include ACH, Reproduce Paper, and Remittance. | 12-27-2012 |
20130041827 | Automated Inventory and Return Letter Process - In an exemplary embodiment, a system includes an intake module, the intake module operable to process a plurality of payment instruments. The system includes a memory operable to store an image file associated with one of the payment instruments, the payment instrument associated with a payment account, and store a plurality of flagged account records. The system also includes a processor operable to determine if at least one flagged account record exists that is associated with the payment account and create a payment exception record if a flagged account record exists that is associated with the payment account. The processor is also operable to determine a status of the payment exception record, associate the status of the payment exception record with the image file, and designate a physical destination of the payment instrument, wherein the physical destination is designated based on the status of the payment exception record. | 02-14-2013 |
20130110724 | DUPLICATE CHECK SETTLEMENT DETECTION | 05-02-2013 |
20130110725 | System and Method for Providing Recovery for Victims of Check Fraud | 05-02-2013 |
20130124419 | System and Method for Back Office Processing of Banking Transactions Using Electronic Files - As banking transactions are processed by a bank teller, all of the relevant information with respect to the transaction (e.g., dollar amount) is captured in an electronic file. Each of the electronic files from the various branches of the bank are forwarded to a central back office processing center where the electronic files are combined into a single Transaction Repository. At the end of the branch day, all of the paper associated with the transactions is forwarded from the branches to the back office processing center. The paper transactions are imaged in the conventional manner and the Magnetic Ink Character Recognition (MICR) data is read from the paper. The present invention then automatically correlates the images and MICR data captured from the paper with the complete transaction record contained in the Transaction Repository. Most of the conventional back office processing can now be performed without the need to perform character recognition and without the need for excess human intervention. | 05-16-2013 |
20140040141 | USE OF CHECK-FACE META-DATA FOR ENHANCED TRANSACTION PROCESSING - A computer-readable media storing computer-executable instructions for using a check deposit device to process a check is provided. The method derives meta-data from the check. The check deposit device may use an image receiver device to obtain a check image from the check. The method may use the processor to define a plurality of check segments within the check image. The processor device may obtain content from each of the plurality of check segments. The processor device may be store the content of each of the check segments in a machine readable memory and may utilize a transmitter to transmit the content from the plurality of check segments to a check-clearance engine. The check deposit device may receive from the check-clearance engine, in response to the transmission of the portion of the content from the plurality of check segments, an indication of the sufficiency of funds in an account. | 02-06-2014 |
20140074718 | SYSTEM AND METHOD FOR PROCESSING CHECKS AND CHECK TRANSACTIONS - A system and method of processing paper checks that divides into two independent paths the processing of a data file representing a check and the digital image of the check. The data files and image files are separated both in time and in space, with the data files being used to promptly initiate the transfer of funds to and from appropriate accounts, while the paper checks, at a remote location and typically lagging in time, are scanned to create digital image files and deposited as an image or substitute check if deemed ACH ineligible. The method provides for the comparison of data files to image files, based on MICR information, to find any unmatching or mismatched items for exception processing and a process to manage ACH-ineligible items as an image or substitute check. The system and method further provides for sorting exceptions according to transaction type (ACH eligible versus ACH-ineligible) and prioritizing the further processing of the exceptions based on transaction type. | 03-13-2014 |
20140122341 | SYSTEM AND METHOD FOR PROCESSING CHECKS AND CHECK TRANSACTIONS - A method of processing paper checks that divides into two independent paths the processing of a data file representing a check and the digital image of the check. The data files and image files are separated both in time and in space, with the data files being used to promptly initiate the transfer of funds to and from appropriate accounts, while the paper checks, at a remote location and typically lagging in time, are scanned to create digital image files and deposited as an image or substitute check if deemed ACH ineligible. The method provides for the comparison of data files to image files, based on MICR information, to find any unmatching or mismatched items for exception processing and a process to manage ACH-ineligible items as an image or substitute check. | 05-01-2014 |
20140195438 | METHOD AND SYSTEM FOR THIN CLIENT BASED IMAGE AND TRANSACTION MANAGEMENT - Provided is a system for coordinating collection and processing of digital data by a plurality of deposit modules with respect to a plurality of users over a communications network, the digital data based on a plurality of original paper deposits and including at least digital images of the original paper deposits and respective deposit information, the system comprising: a communications module that provides a list of one or more deposit functions assigned to each respective user, each of the deposit functions coordinated by a corresponding module of the plurality of deposit modules, and that provides a list of the respective digital data that is associated with each of the assigned deposit modules; the plurality of deposit modules that facilitates a distribution of the deposit functions for the collection and processing of the digital data with one or more users of the plurality of users. | 07-10-2014 |
20140195439 | SYSTEM AND METHOD FOR PROVIDING A DISTRIBUTED DECISIONING ENVIRONMENT FOR PROCESSING OF FINANCIAL TRANSACTIONS - A system and method for providing one or more client systems for communicating with a host system over a network. The client systems use a scanner to convert a paper form of a check, coupon, or other paper document to a digital representation and then the client systems send the digital representation over a network to the host system for storage. The host system archives the digital representation and determines the appropriate processing stream for a transaction related to the paper document (e.g. coupon, check), via a decisioning engine, based on a set of predefined stream selection rules. The host system then communicates the transaction to a back end transaction destination, according to the selected processing stream. Examples of the transaction destination can include ACH, Reproduce Paper, and Remittance. | 07-10-2014 |
20140214682 | ELECTRONIC PAYMENT CLEARING AND CHECK IMAGE EXCHANGE SYSTEMS AND METHODS - A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network. | 07-31-2014 |
20140297535 | System and Method for Compliant Integrated Workflow - One or more embodiments of the invention allows a customer to use a uniform graphical user interface instead of multiple, discrete processing software applications and discrete hardware peripherals with different graphical user interfaces to enter data, perform workflow processing, validate the data entered and guide the customer with instructions. One or more embodiments of the invention simplifies the transfer of data between different applications/systems which are used in a workflow process, simplifies the entry of data by reducing or eliminating the need to reenter the same data, provides validation of the data entered by the customer and guides the customer with instructions. The data may also be transferred from one discrete hardware peripheral to another peripheral or a third party software application and increases customer ease by presenting the user with a uniform graphical user interface. | 10-02-2014 |
20140297536 | System and Method for Processing Bank Notes - A system for processing bank notes and a corresponding method comprises at least one bank-note processing machine having a central control device on which only those software modules are implemented that are necessary for the standard operation of the bank-note processing machine for counting, checking and/or sorting bank notes. At least one application server is connected to the bank-note processing machine via an external communication network and has implemented thereon at least one further software module which is executed on the application server and provides an application which provides at least one function going beyond the standard operation of the bank-note processing machine. The application provided on the application server involves a configuration application, a serial-number application, a reporting application and/or a servicing application. | 10-02-2014 |
20140324703 | MONEY SERVICES SYSTEM - A check cashing system is configured to scan in a check to be cashed and scan a customer ID of a customer cashing the check. Information for the customer, including check cashing history, information for the maker of the check and other information is displayed to verify the authenticity of the check. Also, warnings are displayed if the check is considered fraudulent based on whether criteria are met. | 10-30-2014 |
20150012442 | ENHANCED SYSTEM AND METHOD FOR SCANNING AND PROCESSING OF PAYMENT DOCUMENTATION - Embodiments of the present disclosure may be used to scan a check or other payment instrument into an image file and apply a credit to one or more invoices associated with the entity, such as invoices issued by a business partner of the entity originating the check. Where there are multiple invoices outstanding invoices, embodiments of the present disclosure can selectively apply credits to such invoices based on input from the entity and/or based on rules defining how such credit are to be applied to the invoices. | 01-08-2015 |
20150019436 | METHODS AND SYSTEMS FOR PROCESSING ELECTRONIC DOCUMENTS - A method, a system, and a computer program product for processing a plurality of electronic documents are provided. The method includes marking at least one area in an electronic document selected from the plurality of electronic documents. The marked at least one area is then matched with corresponding area in the remaining electronic documents of the plurality of electronic documents. A score is computed for each of the remaining electronic documents of the plurality of electronic documents based on the matching. The plurality of electronic documents is then grouped into one or more groups based on the score. | 01-15-2015 |
20150019437 | CHECK CASHING WITH A MOBILE PHONE - A card actuated automated banking machine ( | 01-15-2015 |
20150026069 | METHOD AND APPARATUS FOR TRACKING DOCUMENTS - A method and apparatus are provided for tracking documents. The documents are tracked by simultaneously monitoring each document's electronic processing status and physical location. Determinations are made whether specific combinations of electronic processing states and physical locations are valid and whether specific movements of documents are permitted. Invalid combinations or movements are reported to a reporting station. The preparation of batches of documents prior to scanning may be monitored and operator metrics related to the batch prep process may be tracked. Exception documents rejected during document processing may be monitored to enable retrieval of such documents. | 01-22-2015 |
20150032630 | SYSTEMS AND METHODS FOR POSTPONING CHECK SETTLEMENT - Systems and methods are provided for postponing check settlement. According to one or more embodiments, a method is provided. The method may include receiving, by a computer including one or more processors, check information associated with a check on a current date. The method may also include determining, by the computer, a destination account identifier for the check and determining whether to postpone settlement of the check until after the current date. Furthermore, the method may include identifying, by the computer upon a positive determination to postpone settlement of the check, a delayed settlement date associated with the check. Additionally, the method may include storing an association between the check information, the delayed settlement date, and the destination account identifier in a database in communication with the computer | 01-29-2015 |
20150032631 | PORTABLE DEVICE FOR FINANCIAL DOCUMENT TRANSACTIONS - A system which comprises a server which processes a plurality of financial document transaction requests each having a magnetic ink character recognition (MICR) code and an image of a financial document and a module installed in a portable device having an image sensor, a processor and a transmitter, the module uses the processor to extract a MICR code from a financial document imaged in an image captured using the image sensor and uses the transmitter to forward the MICR code and the image to the server via a network as a financial document transaction request. | 01-29-2015 |
20150046333 | System and Method for Duplicate Detection - A duplicate detection system is provided for analyzing and processing documents received at one or more capture sites. A physical document may be electronically captured at a capture site and subsequently transmitted to a regional or central processing system. The regional or central processing system may receive capture documents from multiple capture sites. The processing system may analyze the captured documents to identify and flag false-positives prior to performing duplicate detection. Duplicate detection may be performed in accordance with predefined rules associated with false-positive flags. Once duplicate detection is complete, suspected duplicates may undergo manual review while non-duplicates are released for posting or dispatching. | 02-12-2015 |
20150046334 | SYSTEM AND METHOD FOR ISSUING PREPAID NEGOTIABLE INSTRUMENTS - Pre-paid negotiable instruments are issued in response to a request at a host system from the holder of a stored-value account. The request is made through an IVR system or a web interface, and the host allocates funds from the account and provides a balance remaining after the negotiable instrument is issued. The instrument is printed with a transaction number or other identifier at an issuing system, and is then sent to the account holder. The account holder activates the instrument after receipt. The payee receives the instrument and authorizes the instrument by providing the transaction number or identifier to the host. When authorized, payment is guaranteed to the payee from the issuer. | 02-12-2015 |
20150052057 | System and Method for Processing Bank Notes - A system for processing bank notes and a corresponding method comprises at least one bank-note processing machine having a central control device on which only those software modules are implemented that are necessary for the standard operation of the bank-note processing machine for counting, checking and/or sorting bank notes. At least one application server is connected to the bank-note processing machine via an external communication network and has implemented thereon at least one further software module which is executed on the application server and provides an application which provides at least one function going beyond the standard operation of the bank-note processing machine. The application provided on the application server involves a configuration application, a serial-number application, a reporting application and/or a servicing application. | 02-19-2015 |
20150106272 | DIGITAL IMAGE SHIFTING - Apparatus and methods are provided for viewing a check image and selecting a check service to be applied to a check. Check services may include a pay/return decision. The check images may be presented in a carousel view without pop-up windows. The user may import pre-selected check services such as stop payments. Check images may be marked with a status indicator. The status indicator may correspond to a check service applied to the check or a reconciliation error associated with the check. A user may receive notifications of pending expiration of an applied check service. The user may select and apply a check service at any time during a clearing process of the check. User may search for checks and check images based on the check service applied to the check. Search results may include check images and may be transmitted to a requested location such as via e-mail. | 04-16-2015 |
20150120563 | CHECK DATA LIFT FOR ACH TRANSACTIONS - Embodiments for extracting data for ACH transactions includes systems that receive at least one check image, apply one or more optical character recognition processes to at least a portion of the at least one check image, and identify check data. The systems further insert at least a portion of the check data into an ACH transaction entry for ACH transaction processing. | 04-30-2015 |
20150120564 | CHECK MEMO LINE DATA LIFT - Disclosed is a system and associated method for categorizing a transaction performed using a negotiable instrument. The system is typically configured for receiving an indication of the transaction performed using the negotiable instrument, including receiving an image of the negotiable instrument; extracting transaction data from the image of the negotiable instrument, including extracting memo data from the image of the negotiable instrument; based at least in part on the extracted memo data, determining if the transaction is associated with a first predefined transaction category; and presenting at least a portion of the transaction data extracted from the image of the negotiable instrument to the customer, wherein, if the transaction is associated with the first predefined transaction category, presenting at least a portion of the extracted transaction data to the customer includes presenting an indication that the first predefined transaction category is associated with the transaction. | 04-30-2015 |
20150324762 | PAYMENT PROCESSING SYSTEM, APPARATUS AND METHOD IN REAL ESTATE TRANSACTIONS - Disclosed is a method for processing of earnest money checks comprising the steps of: a. Receiving a physical earnest money check from a buyer that is a party to a real estate purchase and sale contract for a real estate property, b. Via a computing device connected to the Internet, accessing an online application for the processing of physical check payments, c. Selecting a Send Earnest Money Check functionality in the application and at one or more prompts capturing a photo of an image of a front face of the physical check and an image of a back face of the check, and d. At one or more prompts inputting information for an earnest money payment transaction, the information comprising buyer information, the real estate property information and title company information for a title company that is approved by the buyer and a seller to the real estate purchase contract for managing escrow and closing. | 11-12-2015 |
20150332229 | Prepaid Check System - The disclosed system integrates an electronic payment system with the ability to generate, accept, and/or track paper checks as well as electronic payments. One embodiment of the system includes software enabled to open an electronic account and accept funds into that account. Then, the user of that account may select either to generate an electronic payment, or alternatively, to print off a paper check from that account, using the account number of the electronic account and the name of the recipient for whom the check was intended. | 11-19-2015 |
20150339637 | FINANCIAL MEASURE OF GOOD ACTION METRIC SYSTEM - A measure of good actions “MOGA” system and method is described that receives, collects and/or monitors actions of a Payor and ascribes a value to actions and combinations of actions over time thereby producing a good actions metric that may also be used as a credit worthiness metric. | 11-26-2015 |
20150348184 | AUTOMATED CHECK DEPOSIT DECISIONS - A customer attempts to deposit a check and receives an unacceptable decision. An automated decision process is initiated to evaluate the unacceptable decision based on governmental regulations, transaction details, customer profile information, and/or bank business rules. A new decision is automatically provided to the customer based on the automated decision process's decision. | 12-03-2015 |
20160071070 | METHOD AND APPARATUS FOR TRACKING DOCUMENTS - A method and apparatus are provided for tracking documents. The documents are tracked by simultaneously monitoring each document's electronic processing status and physical location. Determinations are made whether specific combinations of electronic processing states and physical locations are valid and whether specific movements of documents are permitted. Invalid combinations or movements are reported to a reporting station. The preparation of batches of documents prior to scanning may be monitored and operator metrics related to the batch prep process may be tracked. Exception documents rejected during document processing may be monitored to enable retrieval of such documents. | 03-10-2016 |
20160078529 | SYSTEM AND METHOD FOR MAPPING AND MONITORING DEPOSIT CHANNELS - In order to prevent false positives at a duplicate transaction detection system, channel deposit data from financial institutions (representing the manner of presentment of checks at those institutions) are provided to a channel mapping/monitoring system. The channel mapping monitoring system calculates a prediction interval representing a normal expected range of deposits in any given channel. If deposits at a financial institution fall outside the normal expected range, the channel mapping/monitoring system provides an alert to the financial institution. | 03-17-2016 |
20160104129 | ARTIFICIAL INTELLIGENCE RESEARCH TOOL - The present invention is directed to a software-based system that enables an associate (a researcher, an adjuster, an agent, a customer service specialist, a teller, or the like) of a financial institution to quickly and accurately research and resolve particular error cases, such as encoding or listing errors of monetary amounts of recent transactions. To resolve these error cases, the associate may utilize the system of the present invention to aid with researching and inputting information about the error case. The system of the present invention further provides a standardized set of procedures for resolving the error case based on the determined error type of the error case. The system of the present invention ensures efficiency and accuracy of error case processing and resolution. | 04-14-2016 |
20160196537 | File Locking Framework | 07-07-2016 |
20160379185 | PREDICTIVE DETERMINATION AND RESOLUTION OF A VALUE OF INDICIA LOCATED IN A NEGOTIABLE INSTRUMENT ELECTRONIC IMAGE - Embodiments of the invention include systems, methods, and computer-program products for predictive determination and resolution of an exception located on a negotiable instrument. The exception may be an indicia that includes data related to the payor, payment accounts, or payee. An indicia may not be identified successfully and thus be queued for exception processing. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stock, or misrepresentative indicia points on a negotiable instrument that may result in a failure to match the check to an account for processing. Upon identifying an exception, the system retrieves historical transaction data associated with the resolved indicia. Subsequently, utilizing the resolved indicia, the system may determine a value for the exception identified based on the retrieved historical transaction data. Finally, the determined value may be stored with the negotiable instrument to complete the payment reconciliation process. | 12-29-2016 |
20160379186 | ELEMENT LEVEL CONFIDENCE SCORING OF ELEMENTS OF A PAYMENT INSTRUMENT FOR EXCEPTIONS PROCESSING - Disclosed are systems, methods, and computer program products that provide for element level confidence scoring of elements of a payment instrument for exceptions processing. More specifically, the invention involves receiving a threshold confidence score, identifying elements within an image of a financial document, determining a confidence score for each element, wherein the confidence score is based on a likelihood that the identified element is the correct alphanumeric character from the image of the financial document, determining that a first element has a confidence score below the threshold confidence score, and providing the first element to a user for exception element processing. The system then receives a correct element from the user to replace the first element, and then processes the financial document using the replaced element instead of the first element. | 12-29-2016 |