System and method for correcting data in financial documents
First Claim
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1. A computer-implemented system for correcting MICR data fields on financial documents, comprising:
- a controller configured to receive MICR data from a document processor that is operable to retrieve MICR data from a plurality of financial documents;
wherein the controller is programmed to perform data correction functions on the MICR data, the data correction functions further comprising comparing an erroneous number in said MICR data with a plurality of correct numbers and electronically replacing the erroneous number with a number from said plurality of possible numbers.
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Abstract
A system and method for correcting data in data fields of financial documents containing unreadable characters is described.
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20 Claims
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1. A computer-implemented system for correcting MICR data fields on financial documents, comprising:
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a controller configured to receive MICR data from a document processor that is operable to retrieve MICR data from a plurality of financial documents;
wherein the controller is programmed to perform data correction functions on the MICR data, the data correction functions further comprising comparing an erroneous number in said MICR data with a plurality of correct numbers and electronically replacing the erroneous number with a number from said plurality of possible numbers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A computer-implemented method for correcting MICR data on financial documents, comprising the steps of:
electronically comparing an erroneous number in said MICR data with a plurality of possible numbers and electronically replacing the erroneous number with a number electronically selected from said plurality of possible numbers. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17)
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18. A computer-implemented method for correcting a line of MICR data of a financial document having an unreadable character, comprising the steps of:
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electronically scanning the line of MICR data using a MICR reader;
converting the line of MICR data into a first series of numbers and storing the first series in an input buffer;
identifying a first MICR field from the first series of numbers;
sequentially comparing a readable portion of the first MICR field with each successive member of a list of valid first field numbers to determine whether a unique member of the list of valid first field numbers matches the readable portion; and
replacing the first MICR field with the unique member or with portions of the unique member that correspond to an unreadable portion of the first field. - View Dependent Claims (19, 20)
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Specification