Secure Check Processing System with Hidden Image Verification
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Solution Overview
Problem
Existing electronic financial transaction systems face challenges in real-time surcharge calculation and secure payment processing, particularly with automated clearing house (ACH) transactions, which can be delayed and uncertain, and do not effectively handle tips or minimize processing fees for consumers.
Innovation Solution
A multimodal financial transaction system utilizing a Large Language Model (LLM) based operating system with integrated payment processing modules for various payment methods, including credit cards and ACH, and a Generative AI module for real-time transaction analysis and fraud prevention, along with diverse sensory modalities for user interaction and fraud detection.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If ACH transactions are used for electronic payments, then payment processing is enabled with minimal physical interaction, but transaction finalization is delayed and uncertain
Solution Approach 1:
The system performs a preliminary action by capturing an image of the physical check and scanning it through the ACH network before the customer actually uses the check. This pre-scanning and processing ensures the check is validated and processed in advance, eliminating delays and uncertainties when the customer presents the check later. The check image is stored and processed through the ACH network beforehand, so when the customer uses it, the transaction is already prepared for rapid completion.
2Loss of energy
If surcharge fees are applied to electronic transactions, then processing costs are recovered, but consumers pay higher fees especially for tips
Solution Approach 1:
The system creates a digital copy of the physical check image and processes this copy through the ACH network. By working with the digital copy rather than the physical check itself, the system can apply surcharge fees to the electronic transaction portion while allowing tip portions to remain fee-free. The digital copy enables precise separation and processing of different transaction components (surcharge-eligible portions vs. tip portions), ensuring consumers only pay fees where legally appropriate.
3Loss of time
If real-time transaction calculation is implemented, then tips can be calculated immediately, but existing systems lack the capability to detect fees in real-time
Solution Approach 1:
The system replaces traditional mechanical check processing with an electronic digital copy system. Instead of physically handling checks and manually calculating fees, the system uses digital imaging and automated fee detection algorithms. The check image is scanned, converted to digital format, and processed through automated systems that can detect and calculate fees in real-time based on the digital data, eliminating the need for manual intervention and enabling immediate fee determination.
4Adaptability or versatility
If multiple payment processing modules are integrated into an LLM-based operating system, then diverse payment methods can be handled uniformly, but system complexity increases
Solution Approach 1:
The system implements a universal payment processing framework where a single LLM-based operating system handles multiple payment methods (cash, check, credit card, debit card, mobile payment) through integrated modules. Rather than creating separate systems for each payment type, the universal framework uses common processing logic, digital copy mechanisms, and standardized interfaces to manage all payment methods uniformly, reducing overall system complexity despite handling diverse scenarios.
Data Source
AI summary
A secure check processing system is disclosed. The system includes a hidden image verification module configured to embed a unique hidden image on a check during creation or processing, wherein said hidden image serves as proof of the check's origin and is stored securely within the system; a watermarking module configured to apply watermarks on stored check images to prevent unauthorized alterations, wherein said watermarks include repeating identifiers and are implemented during the check deposit process, throughout storage, or upon request for the check; and an owner retrieval module configured to enable a check owner to retrieve the original check image through a secure user authentication and verification process, wherein an additional layer of login verification ensures that only authorized individuals can access the original check image.