Virtual Check Back Image for Secure Remote Deposit Endorsement
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Solution Overview
Problem
Current mobile banking applications do not provide a mechanism for customers to electronically provide a secure and verifiable endorsement on the back image of an uploaded check during the deposit process, limiting user interaction and flexibility.
Innovation Solution
Implementing active OCR on a mobile device to process a live stream of check imagery, allowing mid-stream data extraction and verification of check elements, such as the payee signature and security elements, before finalizing the deposit.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If mobile banking applications allow customers to upload check images for deposit, then convenience of digital money management is improved, but the ability to provide secure and verifiable electronic endorsement is lost
Solution Approach 1:
The patent creates a virtual copy of the check back image and allows customers to provide electronic endorsements on this copy. The electronic endorsement is then associated with the virtual image, enabling secure verification without requiring physical handling of the actual check. This resolves the contradiction by maintaining convenience through digital interaction while ensuring reliability through verifiable electronic signatures.
Solution Approach 2:
The patent introduces a virtual image as an intermediary between the physical check and the electronic endorsement process. This virtual representation enables customers to interact with the check digitally for convenience while providing a secure platform for electronic endorsements that can be verified by financial institutions, thus resolving the reliability concern.
2Device complexity
If current mobile banking applications do not provide electronic endorsement mechanism, then device complexity is reduced, but user interaction and flexibility during deposit process is limited
Solution Approach 1:
The patent enhances the mobile banking application by integrating multiple functions into a single platform: check image upload, virtual image generation, electronic endorsement provision, and verification. This multi-functional approach increases user interaction and flexibility without proportionally increasing device complexity, as all functions operate within the existing mobile banking framework.
Solution Approach 2:
The patent performs preliminary actions by creating a virtual image of the check back before the endorsement process. This pre-prepared virtual representation enables customers to provide electronic endorsements and make adjustments during the deposit process, enhancing flexibility while maintaining relatively simple device architecture through automated image processing.
3Loss of time
If check images are uploaded without real-time processing, then loss of time is reduced, but measurement precision of check elements verification is compromised
Solution Approach 1:
The patent implements continuous processing where the mobile banking application actively processes check images in real-time during the deposit process. The system continuously extracts data, generates virtual images, and verifies check elements as the customer interacts with the application, rather than processing images in batches after upload. This continuous action maintains fast processing times while ensuring high verification accuracy through immediate analysis.
Solution Approach 2:
The patent incorporates feedback mechanisms where the system provides real-time verification results to the customer during the deposit process. This feedback loop enables immediate confirmation of check element accuracy, allowing customers to make adjustments if necessary while maintaining fast processing times through iterative verification rather than delayed batch processing.
Data Source
AI summary
Disclosed herein are computer-implemented method, system, and computer-readable medium embodiments for providing a virtual second image during remote deposit of documents. A system generates, from a field of view of a camera, a live stream of image data comprising imagery of a portion of the document. The system obtains, via an optical character recognition program, one or more data elements from the imagery of the portion of the document and generates a first image of a front side of the document. The system receives an electronic signature of a customer via a user interface and, upon verifying the electronic signature, generates a virtual second image by merging the electronic signature with a second image for a back side of the document selected from a plurality of back images. The system transmits the first image, the virtual second image, and the one or more data elements to a remote deposit platform.