DYNAMIC INCLUSION OF SECURITY FEATURES UPON A COMMERCIAL INSTRUMENT SYSTEMS AND METHODS

• US 20060278693A1
• Filed: 06/08/2006
• Published: 12/14/2006
• Est. Priority Date: 06/13/2005
• Status: Abandoned Application

• Current Assignee: First Data Corporation (Fiserv Incorporated)
• Original Assignee: First Data Corporation (Fiserv Incorporated)
• Inventors: Liberty, Kelly, Ellwanger, Michelle Marie, Wordekemper, Glen David, Hickox, William, Haugen, Sandra Sue, Stier, Robert Alan
• Application Number:
  US11/422,943
• Publication Number:
  US 20060278693A1
• Time in Patent Office: Days
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Systems and methods are described for determining security features to be included upon a commercial instrument. Security features are dynamically selected for inclusion on a particular commercial instrument based on the characteristics of the customer, as applied to the security criteria related to the particular instrument. The selected security features are printed on the applicable instrument, and this process of dynamic selection and printing may be repeated for each of a number of additional instruments.

Claims

1. A system for dynamically determining a subset of security features to be printed upon a commercial instrument, the method comprising:

a rules data store including criteria for printing the security features on a commercial instrument;

a customer data store including data defining characteristics of a plurality of customers;

a decision engine, communicatively coupled with the rules data store and the customer data store, configured to determine the subset of security features to be included on a commercial instrument for a customer of the plurality, based at least in part on matching the criteria to the characteristics of the customer; and

a composition engine, communicatively coupled with the decision engine, configured to format the subset of security features for the commercial instrument.

2. The system of claim 1, the system further comprising:

a printer, communicatively coupled with the composition engine, configured to print the subset of security features for the commercial instrument.

3. The system of claim 2, wherein,

the printer includes a magnetic ink module configured to selectively apply magnetic ink to the commercial instrument;

and

the subset of the security features includes the selective application of magnetic ink.

4. The system of claim 3, wherein,

the magnetic ink module comprises a MICR module to selectively apply MICR data to the commercial instrument;

and

the subset of the security features includes the MICR data.

5. The system of claim 2, wherein,

the printer includes a selective perforation module to selectively add a perforation to the commercial instrument;

and

the subset of the security features includes the perforation.

6. The system of claim 2, wherein,

the printer includes one or more color ink modules to selectively apply color ink to the commercial instrument;

and

the subset of the security features includes the color ink.

7. The system of claim 2, wherein,

the printer is configured to apply a selection from the group consisting of a void pantograph, microprint, a decorative border, embedded machine-readable data, and any combination thereof;

and

the subset of the security features includes the selection.

8. The system of claim 2, wherein the decision engine is configured to identify different security features for each of at least a subset of the plurality of customers, based at least in part on matching different characteristics of each to the criteria.

9. The system of claim 8, wherein the printer is further configured to:

receive paper from a roll;

print on the received paper a distinct commercial instrument for each of the plurality customers, wherein,

each distinct instrument includes the different security features associated with a respective customer; and

each distinct instrument is printed in successive order.

10. The system of claim 2, wherein the printer is further configured to receive a preprinted commercial instrument, and print the subset of security features thereon.

11. The system of claim 2, wherein the printer is further configured to print both the commercial instrument and the subset of security features.

12. The system of claim 1, wherein,

the decision engine is configured to calculate a unique number based at least in part on a selection from the group consisting of a check number, a transaction amount, a date of issue, and any combination thereof;

and

the subset of security features includes the unique number.

13. The system of claim 12, wherein the calculation of the unique number comprises a hash function.

14. The system of claim 1, wherein,

the decision engine is further configured to determine the subset of security features to be included based at least in part on a value associated with the commercial instrument.

15. The system of claim 1, wherein,

the criteria apply to a plurality of companies;

and

at least a subset of the criteria for printing the security features is applicable to only a preselected type of commercial instrument for a company of the plurality of companies.

16. The system of claim 1, further comprising:

a host computer comprising the decision engine and composition engine.

17. The system of claim 1, wherein the criteria comprise a selection from the group consisting of a credit rating, credit balance, other financial rating, account balance, account type, zip code, other geographic criteria, value of the commercial instrument, transaction value, transaction amount, legal implication, and any combination thereof.

18. The system of claim 1, wherein the commercial instrument comprises a selection from a group consisting of a check, money order, other negotiable instrument, insurance document, mortgage document, title document, prescription, envelope associated with another commercial instrument, other commercial instrument, and any combination thereof.

19. A method of dynamically determining a subset of security features to be printed upon a commercial instrument, the method comprising:

receiving criteria for printing the security features on a commercial instrument;

matching characteristics of a customer to the criteria to identify the subset of the security features;

printing the subset of the security features for the commercial instrument.

20. The method of claim 19, wherein printing the subset of the security features comprises:

printing on the commercial instrument with magnetic ink, the subset of the security features including the magnetic ink.

21. The method of claim 19, wherein printing the subset of the security features comprises:

perforating the commercial instrument, the subset of the security features including the perforation.

22. The method of claim 19, wherein printing the subset of the security features comprises:

applying color ink to the commercial instrument, the subset of the security features including the color ink.

23. The method of claim 19, further comprising:

matching characteristics of a plurality of additional customers to the criteria to identify an additional subset of the security features for each customer of the plurality; and

printing each additional subset of the security features.

24. The method of claim 23, further comprising:

receiving paper from a roll, wherein each additional subset of the security features is printed on the received paper.

25. The method of claim 19, further comprising:

receiving a preprinted commercial instrument, wherein the subset of the security features are printed on the preprinted commercial instrument.

26. The method of claim 19, further comprising:

printing the commercial instrument.

27. The method of claim 19, further comprising:

calculating a unique number based at least in part on a selection from the group consisting of a check number, a transaction amount, a date of issue, and any combination thereof, wherein the subset of security features include the unique number.

28. The method of claim 19, wherein the criteria comprise a selection from the group consisting of a credit rating, credit balance, other financial rating, account balance, account type, zip code, other geographic criteria, transaction value, transaction amount, legal implication, and any combination thereof.

29. A method of dynamically determining a subset of security features to be printed upon a commercial instrument, the method comprising:

receiving criteria for printing the security features on a commercial instrument;

matching characteristics of a customer to the criteria to identify the subset of the security features;

calculating a unique number based at least in part on information in the commercial instrument;

printing the unique number on the commercial instrument;

printing on the commercial instrument with magnetic ink, the subset of the security features including the magnetic ink;

perforating the commercial instrument, the subset of the security features including the perforation; and

applying color ink to the commercial instrument, the subset of the security features including the color ink.