Endorsement image processing system, method and program product

• US 20080208727A1
• Filed: 02/27/2008
• Published: 08/28/2008
• Est. Priority Date: 02/28/2007
• Status: Abandoned Application

• Current Assignee: PPS Data LLC (Zions Bancorporation, N.A.)
• Original Assignee: Netdeposit LLC (Zions Bancorporation, N.A.)
• Inventors: McLaughlin, Edward Joseph, Boster, Bart Curtis, Wong, William Tao-Yang
• Application Number:
  US12/071,821
• Publication Number:
  US 20080208727A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A processing method, system and program product for processing checks, the system comprising: one or more computers; an electronic portal for receiving electronic data regarding an identity of a depositor for one or more checks; an association-determining electronic device for determining for each of the checks at least one business or one or more accounts associated with the identity of the depositor; wherein the one or more of computers comprise among them if more than one computer, the following components: a component for determining if the business or one or more accounts associated with the identity of the depositor is associated with a request to embed a payee endorsement in a check image file; a component for selecting based on one or more rules one from a plurality of accounts associated with the business or one of the accounts associated with the identity of the depositor if there are more than one account associated with the identity of the depositor; a component for embedding endorsement data into a image file of a face of a check; a component configured for creating a file that includes the image file of the face of the check with the embedded endorsement data therein in a file format for clearing; and a component configured for sending electronically the file to an electronic portal.

Claims

1. A processing system for processing checks, comprising:

one or more computers;

an electronic portal for receiving electronic data regarding an identity of a depositor for one or more checks;

an association-determining electronic device for determining for each of the checks at least one business or one or more accounts associated with the identity of the depositor;

wherein the one or more of computers comprise among them if more than one computer, the following components;

a component for determining if the business or one or more accounts associated with the identity of the depositor is associated with a request to embed a payee endorsement in a check image file;

a component for selecting based on one or more rules one from a plurality of accounts associated with the business or one of the accounts associated with the identity of the depositor if there are more than one account associated with the identity of the depositor;

a component for embedding endorsement data into an image file of a face of a check;

a component configured for creating a file that includes the image file of the face of the check with the embedded endorsement data therein in a file format for clearing; and

a component configured for sending electronically the file to an electronic portal.

2. The system as defined in claim 1, wherein the electronic portal is a substitute check (IRD) printer.

3. The system as defined in claim 1, wherein file format is an ACH format and the electronic portal is an ACH system.

4. The system as defined in claim 1, wherein the file format is an image cash letter and the electronic portal is an image cash letter acceptance system.

5. The system as defined in claim 1, wherein the component for creating the file is capable of creating the file in at least two formats chosen from the group of an image replacement document format, an ACH format, and an image cash letter format.

6. The system as defined in claim 1, further comprising inserting electronically at a point of check image capture endorsement data into an image file of a face of a check if there is only one account associated with the identity of the depositor or after the depositor has indicated an account to be deposited to.

7. The system as defined in claim 1, further comprising a component for sending different files to different banks of first deposit.

8. The system as defined in claim 1, wherein the component for embedding endorsement data comprises inserts the endorsement data into an image file of a back face of the check.

9. The system as defined in claim 8, further comprising storing an image file of a back face of a check both with and without the endorsement data embedded therein.

10. The system as defined in claim 1, wherein the component for embedding embeds endorsement data only if the check does not represent a return or a cancelled check.

11. The system as defined in claim 1, wherein the endorsement data is in bitmap format.

12. The system as defined in claim 1, further comprising:

a component for determining a size of the back face of the check; and

a component for adjusting a size of the endorsement data so that the endorsement data fits in a predetermined location in the image file of the check.

13. The system as defined in claim 1, further comprising

A component for selecting electronically from among a plurality of endorsement data to be embedded into the image file of the check based on at least one criterion.

14. The system as defined in claim 13, wherein the criterion is one selected from the group of a designation of a bank of first deposit for the check and an account associated with the identity of the depositor.

15. The system as defined in claim 1, further comprising:

a component for determining additional data to be embedded in the image file based on at least one criterion; and

a component for embedding the additional information into the image file of the check.

16. The system as defined in claim 15, wherein the criterion for determining comprise an identification of a transaction.

17. The system as defined in claim 15, wherein the additional data is added to the endorsement data prior to embedding of the endorsement data into the image file so that only a single embedding step for this check occurs.

18. The system as defined in claim 15, wherein the additional data is embedded in the image file of the check adjacent to the endorsement data.

19. The system as defined in claim 1, further comprising providing an Internet portal for administering depositor identification information and association data.

20. The system as defined in claim 1, further comprising providing an Internet portal for administering endorsement data to be embedded in checks.

21. A computer-implemented method for processing checks, comprising:

receiving electronically data regarding an identity of a depositor for one or more checks;

determining electronically for each of the checks at least one business or one or more accounts associated with the identity of the depositor;

determining if the business or one or more accounts associated with the identity of the depositor is associated with a request to embed a payee endorsement in a check image file;

selecting based on one or more rules one from a plurality of accounts associated with the business or one of the accounts associated with the identity of the depositor if there are more than one account associated with the identity of the depositor;

embedding endorsement data into an image file of a face of a check;

creating a file that includes the image file of the face of the check with the embedded endorsement data therein in a file format for clearing; and

sending electronically the file to an electronic portal.

22. The method as defined in claim 21, wherein the electronic portal is a substitute check (IRD) printer.

23. The method as defined in claim 21, wherein file format is an ACH format and the electronic portal is an ACH method.

24. The method as defined in claim 21, wherein the file format is an image cash letter and the electronic portal is an image cash letter acceptance method.

25. The method as defined in claim 21, further comprising providing a capability of creating the file in at least two formats chosen from the group of an image replacement document format, an ACH format, and an image cash letter format.

26. The method as defined in claim 21, further comprising inserting electronically at a point of check image capture endorsement data into an image file of a face of a check if there is only one account associated with the identity of the depositor or after the depositor has indicated an account to be deposited to.

27. The method as defined in claim 21, further comprising sending different files to different banks of first deposit.

28. The method as defined in claim 21, wherein the step of embedding endorsement data comprises inserting the endorsement data into an image file of a back face of the check.

29. The method as defined in claim 28, further comprising storing an image file of a back face of a check both with and without the endorsement data embedded therein.

30. The method as defined in claim 21, wherein the embedding step embeds endorsement data only if the check does not represent a return or a cancelled check.

31. The method as defined in claim 21, wherein the endorsement data is in bitmap format.

32. The method as defined in claim 21, further comprising:

determining a size of the back face of the check; and

adjusting a size of the endorsement data so that the endorsement data fits in a predetermined location in the image file of the check.

33. The method as defined in claim 21, further comprising

selecting electronically from among a plurality of endorsement data to be embedded into the image file of the check based on at least one criterion.

34. The method as defined in claim 33, wherein the criterion is one selected from the group of a designation of a bank of first deposit for the check and an account associated with the identity of the depositor.

35. The method as defined in claim 21, further comprising:

determining additional data to be embedded in the image file based on at least one criterion; and

embedding the additional information into the image file of the check.

36. The method as defined in claim 35, wherein the criterion for determining comprise an identification of a transaction.

37. The method as defined in claim 35, wherein the additional data is added to the endorsement data prior to embedding of the endorsement data into the image file so that only a single embedding step for this check occurs.

38. The method as defined in claim 35, wherein the additional data is embedded in the image file of the check adjacent to the endorsement data.

39. The method as defined in claim 21, further comprising providing an Internet portal for administering depositor identification information and association data.

40. The method as defined in claim 21, further comprising providing an Internet portal for administering endorsement data to be embedded in checks.

41. A computer-usable medium having computer readable program code embodied therein to be executed by a computer for processing checks, the computer readable program code comprising:

computer code for receiving electronically data regarding an identity of a depositor for one or more checks;

computer code for determining electronically for each of the checks at least one business or one or more accounts associated with the identity of the depositor;

computer code for determining if the business or one or more accounts associated with the identity of the depositor is associated with a request to embed a payee endorsement in a check image file;

computer code for selecting based on one or more rules one from a plurality of accounts associated with the business or one of the accounts associated with the identity of the depositor if there are more than one account associated with the identity of the depositor;

computer code for embedding endorsement data into a image file of a face of a check;

computer code for creating a file that includes the image file of the face of the check with the embedded endorsement data therein in a file format for clearing; and

computer code for sending electronically the file to an electronic portal.