Serialized system for image replacement documents

• US 20050033696A1
• Filed: 09/16/2004
• Published: 02/10/2005
• Est. Priority Date: 12/19/2002
• Status: Abandoned Application

• Current Assignee: NCR Corporation
• Original Assignee: NCR Corporation
• Inventors: Kallin, Fredrik L.N.
• Application Number:
  US10/942,378
• Publication Number:
  US 20050033696A1
• Time in Patent Office: Days
• US Class Current: 705/45
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/023 the neutral party being a clearing house
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/389 Keeping log of transactions for guaranteeing non-repudiation of a transaction
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

An improved process for clearing bank checks. Paper bank checks are digitized, and the paper checks are placed into storage. The digitized versions are used in the check-clearing process. When paper versions of the checks are required, as when a check is needed for evidence in a lawsuit, a paper version is printed from the corresponding digitized version, each paper version bearing a unique serial number, wherein no two serial numbers are alike. At that time, selected data from the printed check is stored in a database. A recipient of the printed check is allowed access to the database, to verify authenticity of the printed check.

Claims

1-16. -16. (canceled)

17. A method of processing a paper bank check in which the paper check is digitized and the digitized check is transferred for clearing, the method comprising:

transferring a printed IRD version of the digitized check if returned for insufficient funds, the IRD version being verifiable by access to a database; and

providing access to the database to allow the IRD version to be verified.

18. A method according to claim 17, wherein the IRD version bears a serial number by which other information on the check may be retrieved from the database.

19. A method of processing a paper bank check in which the paper check is digitized and the digitized check is transferred for clearing, the method comprising:

receiving a printed IRD version of the digitized check if returned for insufficient funds, the IRD version being verifiable by access to a database; and

receiving access to the database to allow the IRD version to be verified.

20. A method according to claim 19, wherein the IRD version bears a serial number by which other information on the check may be retrieved from the database.

21. A method of processing a paper bank check, the method comprising:

having the check digitized;

having the digitized check presented to its drawee bank for clearing;

having a printed IRD version of the digitized check if returned for insufficient funds, the IRD version being verifiable by access to a database; and

having access to the database for the recipient of the IRD version to allow the IRD version to be verified.

22. A method according to claim 21, wherein the IRD version bears a serial number by which other information on the check may be retrieved from the database.

23. A method of processing a paper bank check in which the paper check is digitized and the digitized check is transferred for clearing, the method comprising:

transferring a printed IRD version of the digitized check with a statement from a drawee bank, the IRD version being verifiable by access to a database; and

providing access to the database to allow the IRD version to be verified.

24. A method according to claim 23, wherein the IRD version bears a serial number by which other information on the check may be retrieved from the database.

25. A method of processing a paper bank check in which the paper check is digitized and the digitized check is transferred for clearing, the method comprising:

receiving a printed IRD version of the digitized check with a statement from a drawee bank, the IRD version being verifiable by access to a database; and

receiving access to the database to allow the IRD version to be verified.

26. A method according to claim 25, wherein the IRD version bears a serial number by which other information on the check may be retrieved from the database.

27. A method of processing a paper bank check, the method comprising:

having the check digitized;

having the digitized check presented to its drawee bank for clearing;

having a printed IRD version of the digitized check with a statement from the bank, the IRD version being verifiable by access to a database; and

having access to the database for the recipient of the IRD version to allow the IRD version to be verified.

28. A method according to claim 27, wherein the IRD version bears a serial number by which other information on the check may be retrieved from the database.