91 results about "Cheque" patented technology

A computer implemented method, system, and non-transitory computer-readable device that may be used in a remote deposit environment. Upon receiving a user request, based on interactions with the UI, the method implements an electronic deposit of a financial instrument by activating a camera on the client device to generate a live video stream of image data of a field of view of at least one camera, wherein the live video stream includes imagery of at least a portion of each side of the financial instrument. The method continues by extracting data fields based on the formation of image objects on one or more sides of the financial instrument from the live video stream of image data. An EFT conversion of extracted data fields may be processed during or subsequent to the extraction process. A message is sent from a payee to a payor requesting the EFT. Upon acceptance, an EFT to the payee occurs. Upon denial, the remote deposit process is completed.

Aspects of the embodiments described herein are related to systems, methods, and computer products for performing automatic check fraud detection. Aspects of embodiments described herein provide artificial intelligence systems and methods that analyze an image of an incoming check, compare the features of the image to the associated features on a reference check, and generate a check fraud score based on the comparison, and either approve the incoming check or flag the incoming check for manual review.

A system comprising: a check Image Record (CIR) database configured to store, for each of a plurality of accounts, a CIR, wherein each CIR comprises feature information related to features extracted from a plurality of reference checks associated with the associated account of the plurality of accounts; memory configured to store instructions; and a processor coupled with the CIR database and the memory, the processor configured to run the instructions, which cause the processor to: receive an image of a test check associated with an account of the plurality of accounts, extract feature information from the image, compare the features with the feature information stored in the CIR database for the account associated with the test check, generate a fraud score, and update each CIR by determining.

A digital checking system retrieves a first non-fungible token of a digital check from a distributed ledger implemented by a blockchain. The first token includes (i) a set of parameters of the digital check and (ii) a first service data describing a first transaction performed on the digital check. The set of parameters of the digital check includes a check amount, a payor, a payee, a check date, a bank identifier, and a user signature of the digital check. The system receives a second service data describing a second transaction performed on the digital check that is subsequent to the first transaction. The system stores a second non-fungible token of the digital check into the distributed ledger. The second token includes (i) the set of parameters of the digital check and (ii) the second service data.

Methods and systems for processing a financial instrument, such as a check, are provided. An example method includes performing a text extraction process on a check image to obtain check textual information, and decoding an intelligent mail barcode (IMB) in the check image to obtain a character code. The method further includes utilizing the character code to extract encoded check information including a payee ZIP code from the IMB. The method also includes performing a fraud detection process on the check image based on at least one of (1) scores generated during the text extraction process, or (2) inconsistency between the check textual information and the encoded check information.

Systems and methods for distributed ledger-based check verification are disclosed. In one embodiment, a method may include a bank backend computer program: (1) receiving, from a computer application executed by an electronic device, an image of a presented check as part of an electronic check deposit process; (2) performing optical character recognition on the image of the presented check; (3) generating a text file based on the optical character recognition; (4) querying a distributed ledger in a distributed ledger network to determine whether the presented check has been presented or cleared before; (5) determining that the presented check has not been presented or cleared before; (6) processing the presented check for deposit; and (7) writing the text file for the presented check to the distributed ledger.

A system (100) for automating the reconciliation of payroll checks and direct debits with bank statements in an ERP system, comprising: a) a payroll data extraction module configured to retrieve payroll records from a payroll database, including pay details, check numbers, and direct debit amounts; b) a bank statement integration module configured to retrieve bank transaction records from an associated bank account, including check numbers, direct debit references, transaction amounts, and transaction dates; c) a reconciliation module configured to automatically compare the payroll data with the bank transaction records based on predefined criteria, such as check numbers, payment amounts, and transaction dates;d) a discrepancy resolution module configured to enable user intervention in the event of non-matching transactions and to permit manual adjustments and updates; e) a reporting and audit trail module configured to generate reports detailing the reconciliation process and providing an audit trail of the actions performed during the reconciliation process; f) a real-time notifications and alerts module configured to send notifications of discrepancies or required actions to the relevant users; and g) an ERP integration and synchronization module configured to update the financial data, including bank balances and general ledger entries, within the ERP system upon successful reconciliation.

Embodiments of a system and method enable secure connectivity between the computer systems of a financial institution and software for Brand On Banking. Embodiments of the system include an Identity Platform, Know Your Customer (KYC) processes including ID card verification, face verification, document verification such as utility bills as proof of address, and biometric verification, and bank servicing features such as checking, savings, debit, payments, loans, and bill-pay. The secure connectivity is established in various embodiments through private or public Application Programming Interfaces (APIs) over a network service provider, thus eliminating third-party risk for the financial institution. Additionally, the system allows for displaying alternate brands and identifying customers associated with a specific product brand other than the financial institution. The mobile interface is user-friendly and consolidates all financial accounts in one location, reducing customer friction.

A computer implemented method, system, and non-transitory computer-readable device that may be used in a remote deposit environment. Upon receiving a user request, based on interactions with the UI, the method implements an electronic deposit of a financial instrument by activating a camera on the client device to generate a live video stream of image data of a field of view of at least one camera, wherein the live video stream includes imagery of at least a portion of each side of the financial instrument. The method continues by extracting data fields based on the formation of image objects from one or both sides of the financial instrument from the live video stream of image data. The extracted data fields are converted, based on a payor agreement, into a recurring electronic funds transfer (EFT) schedule for future payments similar to the check.

The invention relates to an exchange for paper check transactions via an interbank information network (IIN) architecture. An embodiment of the present invention provides a marketplace for secure collection, assignment and distribution of payments and data from paper check transaction originators to lockbox providers. This eliminates paper checks, resulting in faster deposit into client accounts, better management of payment exceptions, and reduction in overall operating costs. The IIN architecture provides a global platform using blockchain technology for real-time interconnected flow of information that address immediate pain points across the financial industry and enable new services. With an embodiment of the present invention, a distributed network may streamline process for resolving compliance based inquiries and provide global beneficiary account validations. An embodiment of the present invention provides a platform / ecosystem that network participants may use to deliver value-added service applications to other network participants.

A computer implemented method, system, and non-transitory computer-readable device that may be used in a remote deposit environment. Upon receiving a user request, based on interactions with the UI, the method implements an electronic deposit of a financial instrument by activating a camera on the client device to generate a live video stream of image data of a field of view of at least one camera, wherein the live video stream includes imagery of at least a portion of each side of the financial instrument. The method continues by extracting data fields based on the formation of image objects on one or more sides of the financial instrument from the live video stream of image data. An EFT conversion of extracted data fields may be processed during or subsequent to the extraction process. A message is sent from a payee to a payor requesting the EFT. Upon acceptance, an EFT to the payee occurs. Upon denial, the remote deposit process is completed.

A computer-implemented method for granting a user access to an on-line banking area of a website belonging financial institution responsive to receiving the valid user name and password. The method providing the user with account information regarding checking, savings, mortgage, home equity and / or loan accounts held by the user at the financial institution. The method grants the user access to a request tracking area of the website of the financial institution, receive request related data from the user, the request related data including data relating to at least one expense or goal, calculate portions of each expense respectively owed by each of a plurality of participants in the request and track whether a participant has paid. The method includes sending a message to at least one participant, the message requesting payment for the portion owed by the participant and receiving the payment from the participant in various payment forms.

Disclosed in some examples are methods, systems, and machine-readable mediums for simultaneously capturing an image of multiple checks for deposit. An example method includes receiving, by a bank computing system and from a user device, a multi-check image depicting a front side of multiple checks for deposit with a bank during a communication session. The bank computing system may generate a front side image for each of the multiple checks from the multi-check image. The bank computing system may receive electronic signature data for a customer, during the communication session, and generate a back side data for each of the multiple checks using the electronic signature data. A check image file may be stored for each respective check of the multiple checks, with each check image file including the back side data, such as a generated image, and the front side image for the respective check.

The invention relates to a method for producing value documents (1), such as banknotes, checks, credit cards or other payment cards, identity cards or the like. A substrate body (2) having a front side (3) and a rear side (4) is provided, and a printing layer (6) is printed onto the front side (3) of the substrate body (2) using a first ink (5) and a second ink (15). The magnetically orientable pigment is orientated using a magnet device (11), and then the magnetically orientable pigment is fixed by a curing matrix in the orientated state using a curing device (13). At least the first ink (5) is printed in a digital printing process by means of a first print head (7) which releases the first ink (5) in a dot grid in the form of drops such that the printed layer (6) forms a digital printed layer at least with respect to the first ink (5), the first ink (5) and the second ink (15) having two different colors, and the magnetically orientable pigments each comprise a multi-layer composite structure comprising at least a magnetic layer.

A payment card or other device (e.g., mobile telephone) is provided with a magnetic emulator operable to communicate data to a magnetic stripe read-head. A user can utilize buttons located on the card to perform activities that would otherwise be performed at an ATM, payment card reader, or by a waitress. A user can provide instructions on a card to accelerate a transaction. The information a user enters can be communicated to a point-of-sale device. For example, a user can enter into his / her card that the user desires $100 withdrawal from a checking account. The user can also enter his / her PIN into the card. The user can swipe his / her card into an ATM and instantly be provided with the desired $100.

A secured credit provider computing system is disclosed. The system includes a processing circuit. The processing circuit can provide, to a user computing device, a passcode corresponding to a product. The processing circuit can receive, from an automated teller machine (ATM), a request corresponding to the product and comprising the passcode. Responsive to determining that the passcode is valid, the processing circuit can cause the ATM to accept a check or paper currency corresponding to a collateral deposit for the product. The processing circuit can receive, from the ATM, a message acknowledging the collateral deposit, the message generated by the ATM upon accepting the check or paper currency. The processing circuit can determine that the collateral deposit satisfies a collateral request for the product and transmit, to the user computing device or the ATM, a notification indicating that the collateral deposit has been approved.

A computerized method verifies an issued check by receiving, from a check issuer computer system of a checking account holder at a payer financial institution, first check information comprising: a first routing number, account number, check number, and dollar amount associated with an issued check. The method also receives, from a computer system of a payee financial institution, second check information comprising a second routing number, account number, check number, and dollar amount from a received check. The second routing number, the second account number, the second check number, and / or the second dollar amount, are read by an electronic device at the payee financial institution. The method determines whether the first check information matches the second check information and sends, to the computer system of the payee financial institution in response to the first check information not matching the second check information, a message indicating potential fraud.

Methods and systems for processing a financial instrument, such as a check, are provided. An example method includes performing a text extraction process on a check image to obtain check textual information, and decoding an intelligent mail barcode (IMB) in the check image to obtain a character code. The method further includes utilizing the character code to extract encoded check information including a payee ZIP code from the IMB. The method also includes performing a fraud detection process on the check image based on at least one of (1) scores generated during the text extraction process, or (2) inconsistency between the check textual information and the encoded check information.

An image capture device coupled to a computing device generates scanned images of customer checks. In operation, a scanned image is generated of a rear side of a check to be deposited that is provided to the image capture device during a current check deposit transaction. A first user interface display is provided via a customer-facing user interface that shows the scanned image of the rear side of the check to be deposited and allows the customer to generate a digital marking for insertion onto the scanned image of the rear side of the check. The scanned image of the rear side of the check is modified to include the digital marking. A teller reviews and approves the digital marking (e.g., signature) in real time during the current check deposit transaction. The current check deposit transaction is completed when the teller approves the digital marking.

Methods and systems for processing a financial instrument, such as a check, are provided. An example method includes performing a text extraction process on a check image to obtain check textual information, and decoding an intelligent mail barcode (IMB) in the check image to obtain a character code. The method further includes utilizing the character code to extract encoded check information including a payee ZIP code from the IMB. The method also includes performing a fraud detection process on the check image based on at least one of (1) scores generated during the text extraction process, or (2) inconsistency between the check textual information and the encoded check information.

A computer implemented method, system, and non-transitory computer-readable device for a digital document verification process. In some embodiments, a split deposit tool may be provided in a mobile banking application to allow a customer to split a deposit and schedule deposit dates for various portions of the split deposit. In some embodiments, the split deposit tool may be provided in response to a determination that an amount of a check in an image exceeds a remaining remote deposit limit. In some embodiments, the amount may be determined using realtime optical character recognition (OCR), for example, active OCR performed on a live stream of check imagery.

The invention relates to a method for producing a security document (1), such as a banknote, a check, a credit or other payment card, an identification card, or the like. A substrate body (2) having a front (3) and a back (4) is provided, and a printing layer (6) is printed onto the front (3) of the substrate body (2) using a first ink (5) and a second ink (15), both comprising magnetically alignable pigments. The magnetically alignable pigments are aligned using a magnetic device (11) and subsequently fixed in the aligned state by curing a matrix using a curing device (13).-At least the first ink (5) is printed in a digital printing process by means of a first printhead (7) which dispenses the first ink (5) in droplet form according to a dot matrix, so that the printing layer (6) is formed as a digital printing layer at least with respect to the first ink (5), wherein the first ink (5) and the second ink (15) have two different colors, and the magnetically alignable pigments each comprise a multilayer composite which includes at least one magnetic layer.

A method for operating a check authentication system using a smart pen is disclosed. The method comprising: printing a uniquely identifiable micro dot pattern on a check paper, and storing a check image corresponding to the check paper in a server; recognizing the micro dot pattern using a smart pen; transmitting recognition information regarding the recognized micro dot pattern to the server; extracting and loading the stored check image, using the transmitted recognition information; generating check input information based on sensing information collected by the smart pen, while the check information is written on the check paper via the smart pen; transmitting the generated check input information to the server; entering the transmitted check input information on the loaded check image; transmitting the check image including the check input information to a recipient terminal; determining whether an agreement action is entered for the transmitted check image; and requesting a bank server to debit an account of a check issuer by an amount included in the check input information, when the agreement action is entered.

An automated teller machine comprises a communications module; an image module; a processor; and a memory coupled to the processor storing instructions that, when executed by the processor, configure the processor to receive a first cheque for deposit; engage the image module to capture an image of the first cheque; send, via the communications module and to a server computer system, a signal that includes the image of the first cheque for acceptance; send, via the communications module and to an automated teller machine switch, a signal that includes a request for transaction authorization approval based on the first cheque; receive, via the communications module and from the server computer system, a signal that includes an indication of acceptance of the image of the first cheque; receive, via the communications module and from the automated teller machine switch, a signal that includes an indication of approval of the request for the transaction authorization based on the first cheque; and responsive to receiving the signal that includes the indication of acceptance of the image of the first cheque and the signal that includes the indication of approval of the request for the transaction authorization, return the first cheque.

Provided is a medium processing apparatus that processes a valuable medium comprising a check and a banknote. The medium processing apparatus includes: an internal storage that is disposed inside a safe and stores the valuable medium; an external storage that is disposed outside the safe and stores the valuable medium; a recognition circuitry that acquires recognition information from the valuable medium having been received by the medium processing apparatus and recognizes the valuable medium based on the recognition information; and a controller that recognizes the valuable medium based on the recognition information and performs control such that the valuable medium having been recognized as the check is stored in the external storage.

Systems and methods for check image deposit are disclosed. In one embodiment, a method for bulk check image deposit may include: (1) capturing, by a computer application executed by an electronic device, a plurality of check images for a plurality of checks comprising an image of a first side of each check and an image of a second side of each check; (2) submitting, by the computer application, the plurality of check images to a backend in a deposit transaction; (3) matching, by a check recognition computer program at the backend, the images of the first side of the checks with the images of the second sides of the checks; (4) validating, by a deposit service computer program executed by the backend, the matched images for each of the checks; and (5) depositing, by the deposit service computer program, the validated checks.

1. Name of the product in this design: Storage box. 2. Purpose of this design: to receive letters, checks, postcards, documents, and to store small items such as keys and cards. 3. The key design feature of this product is its shape. 4. The image or photograph that best illustrates the design's key points: a 3D model.

According to an aspect of the present invention, there is a provided computer-implemented method of electronically reserving a product or service, comprising: receiving, at a product or service provider electronic device, reservation pricing information for one or more products or services; presenting, at a customer electronic device, the reservation pricing information; receiving, at the customer electronic device, a selection of one or more of the one or more products or services to be reserved; receiving, at the customer electronic device, payment information; executing a payment transaction based on the payment information; notifying the product or service provider electronic device of the payment; and performing one or more of holding the payment amount in escrow and transferring some or all of the payment amount to the product or service provider cryptocurrency-related account, checking, savings, or debit transaction account, credit transaction account, and / or e-wallet and the like accounts.