75 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.

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.

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.

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 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.

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.

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.

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.

Aspects of the embodiments described herein are related to systems, methods, and computer products for detecting fraud in document processing. An incoming document image is received and analyzed to generate a first score representing a confidence level that the incoming document is valid. A signature is detected on the incoming document image and compared with one or more reference signatures to determine a similarity metric. A signature score is determined based on the similarity metric, the signature score representing a confidence level that the signature on the incoming document is valid. A fraud score is determined based on the first score and the signature score. The incoming document is then approved or flagged for potential fraud based on the fraud score, thereby enabling automated fraud detection using multi-factor document and signature analysis.

A method of processing digital checks is provided. The payor enters a payee name and the financial amount to be paid into a digital check software application. The digital check is then transmitted to the payee. The payee is able to view parts of the digital check while some parts of the digital check remain encrypted and unobservable by the payee. The payee then transmits the digital check to a financial services provider. The financial services provider decrypts the digital check and may perform analyses on the digital check. The financial services provider then transmits the digital check to the financial institution associated with the payee's bank account. The financial institution settles the digital check using conventional check clearing processes.

A method of processing digital checks is provided. The payor enters a payee name and the financial amount to be paid into a digital check software application. The digital check is then transmitted to the payee. The payee is able to view parts of the digital check while some parts of the digital check remain encrypted and unobservable by the payee. The payee then transmits the digital check to a financial services provider. The financial services provider decrypts the digital check and may perform analyses on the digital check. The financial services provider then transmits the digital check to the financial institution associated with the payee's bank account. The financial institution settles the digital check using conventional check clearing processes.

Remote deposit of checks can be facilitated by a financial institution. A customer's general purpose computer and image capture device may be leveraged to capture an image of a check and deliver the image to financial institution electronics. Additional data for the transaction may be collected as necessary. The transaction can be automatically accomplished utilizing the images and data thus acquired.

The invention relates to a security element for producing value documents, such as banknotes, checks or the like. The security element (4) has a front side (2) and a rear side (78). The security element (4) has a main body (37) which comprises a lattice structure (38, 49) extending over a region, on which a reflective layer (52) is arranged, and which shows at least one color in plan view and / or transmissive. The lattice structure (38, 49) has at least two sub-regions (10-14 and 22-32) which are not recognizable in the visible spectral range, in which sub-regions the lattice structure (38, 49) are each uniformed, and wherein the lattice structure (38, 49) differs between the sub-regions (10-14 and 22-32) with respect to at least one lattice structure parameter (h, d), the sub-regions (10-14 and 22-32) are arranged such that the sub-regions (10-14 and 22-32) differ with respect to their absorption in the near-infrared range.

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 real-time optical character recognition (OCR), for example, active OCR performed on a live stream of check imagery.

A system and method for authenticating a check. The system includes a back-end server operating a digital application and having a processor for processing data and information, a communications interface communicatively coupled to the processor, and a memory device storing data and executable code. When the code is executed, the processor can assign an NFT to an image of the check using a blockchain platform, and verify the authenticity of the check using the NFT and the blockchain platform. The NFT is assigned to the image of the check by a preparer of the check and the check can be authenticated by a recipient or payee of the check and a bank that receives the check as a deposit or a cashing entity of the check.

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.