Detection of Check Fraud Using Multiple Check Images

• US 20090024520A1
• Filed: 07/17/2007
• Published: 01/22/2009
• Est. Priority Date: 07/17/2007
• Status: Abandoned Application

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Drory, Tal, Navon, Yaakov
• Application Number:
  US11/778,671
• Publication Number:
  US 20090024520A1
• Time in Patent Office: Days
• US Class Current: 705/40
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/0425 the cheque being electronic only
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments

Abstract

A system and method for determining the validity of a check, the method including receiving from a payer an image of a check to a payee together with a personal identifier identifying the payer, where the payer is a customer of a financial institution, determining an account to which the check pertains, comparing the received personal identifier with a personal identifier maintained by the financial institution for the account, comparing the payer check image with an image of the check produced after the payee receives the check from the payer, designating the check as valid if the personal identifiers are the same and if the check images match within a predefined tolerance, and designating the check as invalid if the personal identifiers are not the same or if the check images do not match within a predefined tolerance.

Claims

1. A method for determining the validity of a check, the method comprising:

receiving from a payer an image of a check to a payee together with a personal identifier identifying said payer, wherein said payer is a customer of a financial institution;

determining an account to which said check pertains;

comparing said received personal identifier with a personal identifier maintained by said financial institution for said account;

comparing said payer check image with an image of said check produced after said payee receives said check from said payer;

designating said check as valid if said personal identifiers are the same and if said check images match within a predefined tolerance; and

designating said check as invalid if said personal identifiers are not the same or if said check images do not match within a predefined tolerance.

2. A method according to claim 1 wherein said receiving step comprises receiving said payer check image via a Multimedia Message Service.

3. A method according to claim 1 wherein said determining step comprises utilizing MICR data on said check to identify said account.

4. A method according to claim 1 wherein said comparing images step comprises utilizing MICR data on said images to pair said images for comparison where said MICR data on said images match.

5. A method according to claim 1 and further comprising maintaining check layout information for checks in the possession of said payer.

6. A method according to claim 5 and further comprising:

utilizing MICR data on said check to retrieve said check layout information of said check; and

identifying specific areas on said check in support of an area-by-area comparison between said images.

7. A method according to claim 1 and further comprising receiving a personal identifier identifying said payee, wherein said payee personal identifier is received together with said image of said check produced after said payee receives said check from said payer.

8-15. -15. (canceled)