FUTURE CHECKS INTEGRATION

• US 20100280859A1
• Filed: 04/30/2009
• Published: 11/04/2010
• Est. Priority Date: 04/30/2009
• Status: Abandoned Application

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Frederick, Carl R. II
• Application Number:
  US12/433,619
• Publication Number:
  US 20100280859A1
• Time in Patent Office: Days
• US Class Current: 705/7
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

Embodiments of the present invention provide apparatuses and methods for a system that captures check data as the check is drafted or thereafter, and before the check is presented to the paying bank. Generally, a customer will use a data capture device to capture future check data from a check as the customer drafts the check. The future check data captured includes information drafted, printed, encoded, etc. on the check. Generally, the data capture device is a device, such as a digital pen, a scanner, a camera device, a device included in a customer'"'"'s personal display assistant (“PDA”), or other data capture system. After the customer captures the future check data, the data is compared to the customer'"'"'s account information at a financial institution. Alerts are sent to the customer if the customer is in danger of over drafting the account or if potential fraud is detected.

Claims

1. A future check integration system comprising:

a data capture device;

a memory device;

a communication device; and

a processing device operatively coupled to the data capture device, the memory device, and the communication device, wherein the processing device is configured to execute computer-readable program code to;

capture data related to a check, before the check is presented to a paying bank, using the data capture device;

store the captured data related to the check on the memory device; and

receive account information from a financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate.

2. The future check integration system of claim 1, wherein the data capture device comprises a digital pen configured to capture information written on the check.

3. The future check integration system of claim 1, wherein the data capture device comprises a digital device with a camera for capturing an image of the check.

4. The future check integration system of claim 1, wherein the data capture device comprises a device with a touch screen or touch pad configured to capture information written on the check.

5. The future check integration system of claim 1, wherein the data capture device comprises a reader configured to capture machine-readable information located on the check.

6. The future check integration system of claim 1, wherein the processing device is configured to execute computer-readable program code to communicate the captured data related to the check to the financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate, wherein the financial institution or affiliate compares the captured data related to the check with a customer'"'"'s account information.

7. The future check integration system of claim 1, wherein the processing device is configured to execute computer-readable program code to receive account information from the financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate, wherein the account information comprises, at least partially, a comparison of the captured data related to the check with a customer'"'"'s account transactions.

8. The future check integration system of claim 1, wherein the processing device is configured to execute computer-readable program code to receive account information from the financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate, wherein the account information comprises, at least partially, alerts related to the check, such as the check is within the available funds, an overdraft will occur, or an overdraft might occur.

9. The future check integration system of claim 1, wherein the processing device is configured to execute computer-readable program code to receive account information from the financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate, wherein the account information comprises, at least partially, alerts related to the check that potential fraud has occurred with a customer'"'"'s account.

10. A future check integration system comprising:

a data capture device;

a memory device;

a communication device; and

a processing device operatively coupled to the data capture device, the memory device, and the communication device, wherein the processing device is configured to execute computer-readable program code to;

capture data related to a check, before the check is presented to a paying bank, using the data capture device;

store the captured data related to the check on the memory device; and

communicate the captured data related to the check to at least one other device, using the communication device that is configured to communicate with the at least one other device.

11. The future check integration system of claim 10, wherein the at least one other device comprises a device in a customer computer system that is configured to receive the captured data related to the check, and wherein the customer computer system is configured to receive account information from a financial institution or affiliate, and to compare the captured data related to the check to the account information.

12. The future check integration system of claim 10, wherein the at least one other device comprises a device in a bank computer system that is configured to receive the captured data related to the check, and wherein the bank computer system is configured to compare the captured data related to the check to account information.

13. The future check integration system of claim 10, wherein the processing device is configured to execute computer readable-program code to receive account information from a financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate, wherein the account information comprises, at least partially, a comparison of the captured data related to the check with a customer'"'"'s account transactions or, at least partially, alerts related to the check, such as the check is within the available funds, an overdraft will occur, an overdraft might occur, or potential fraud has occurred with a customer'"'"'s account.

14. The future check integration system of claim 10, wherein the data capture device comprises a digital pen configured to capture information written on the check.

15. The future check integration system of claim 10, wherein the data capture device comprises a digital device with a camera for capturing an image of the check.

16. The future check integration system of claim 10, wherein the data capture device comprises a device with a touch screen or touch pad configured to capture information written on the check.

17. The future check integration system of claim 10, wherein the data capture device comprises a reader configured to capture machine-readable information located on the check.

18. A future check integration system comprising:

a memory device;

a communication device; and

a processing device operatively coupled to the data capture device, the memory device, and the communication device, wherein the processing device is configured to execute computer-readable program code to;

receive data related to a check, before the check is presented to a paying bank, using the communication device that is configured to communicate with a device in a customer computer system or a data capture system;

store the captured data related to the check on the memory device; and

compare the captured data related to the check with a customer'"'"'s account information.

19. The future check integration system of claim 18, wherein the processing device is configured to execute computer-readable program code to communicate an application to a data capture system or a customer computer system, wherein the application provides the user with the capability of capturing check data or receiving account information.

20. The future check integration system of claim 18, wherein the processing device is configured to execute computer-readable program code to communicate alerts related to the check to the customer computer system, such as the check is within the available funds, an overdraft will occur, or an overdraft might occur.

21. The future check integration system of claim 18, wherein the processing device is configured to execute computer-readable program code to communicate alerts related to the check to the customer computer system that potential fraud has occurred with a customer'"'"'s account.

22. The future check integration system of claim 18, wherein the processing device is configured to execute computer-readable program code to receive actions from the customer computer system to transfer funds, stop payment on the check, change a date of payment for the check, or change alerts set up by a customer.

23. A computer program product for a future check integration system, the computer program product comprising at least one computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion configured for capturing data related to a check, before the check is presented to a paying bank, using a data capture device and a processing device, wherein the processing device is operatively coupled to the data capture device, a memory device, and a communication device, and is configured to execute computer-readable program code;

an executable portion configured for storing the captured data related to the check on a memory device; and

an executable portion configured for communicating the data related to the check to at least one other device using the communication device that is configured to communicate with the at least one other device.

24. The computer program product of claim 23, wherein the data capture device comprises at least one of a digital pen configured to capture information written on the check, a digital device with a camera configured to capture an image of the check, a device with a touch screen or touch pad configured to capture information written on the check, or a reader configured to capture machine-readable information located on the check.

25. The computer program product of claim 23, wherein the at least one other device comprises a device in a customer computer system that is configured to receive the captured data related to the check, and wherein the customer computer system is configured to receive account information from a financial institution or affiliate, and to compare the captured data related to the check to the account information.

26. The computer program product of claim 23, wherein the at least one other device comprises a device in a bank computer system that is configured for comparing the captured data related to the check with account information from a financial institution or affiliate.

27. The computer program product of claim 23, further comprising an executable portion configured to receive account information from a financial institution or affiliate using the communication device that is configured to communicate with a device at a financial institution or affiliate, wherein the account information comprises, at least partially, a comparison of the captured data related to the check with a customer'"'"'s account transactions or, at least partially, alerts related to the check is within the funds in the account, will cause an overdraft in the account, could cause an overdraft in the account, or potential fraud has occurred with the customer'"'"'s account.

28. A computer program product for a future check integration system, the computer program product comprising at least one computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion configured for receiving from a customer computer system or a data capture system data related to a check, before the check is presented to a paying bank, using a communication device and a processing device that is operatively coupled to the communication device and a memory device, and configured to execute computer-readable program code;

an executable portion configured for storing the captured data related to the check on the memory device; and

an executable portion configured for comparing the captured data related to the check with a customer'"'"'s account information.

29. The computer program product of claim 28, further comprising:

an executable portion configured for communicating an application to the data capture system or the customer computer system, using a communication device configured to communicate with the customer computer system or the data capture system, wherein the application provides the user with the capability of capturing the data related to the check or receiving the customer'"'"'s account information.

30. The computer program product of claim 28, further comprising:

an executable portion configured for communicating alerts related to the check to the customer computer system or the data capture system, such as the check is within the available funds, an overdraft will occur, or an overdraft might occur, using a communication device configured to communicate with the customer computer system or the data capture system.

31. The computer program product of claim 28, further comprising:

an executable portion configured for communicating alerts related to the check to the customer computer system or the data capture system that potential fraud has occurred with a customer'"'"'s account, using a communication device configured to communicate with the customer computer system or the data capture system.

32. The computer program product of claim 28, further comprising:

an executable portion configured for receiving account actions from the customer computer system or the data capture system to transfer funds, stop payment on the check, change the date of payment for the check, or change the alerts set up by a customer, using a communication device configured to communicate with the customer computer system or data capture system.

33. A future check integration method, comprising:

capturing data related to a check, before the check is presented to a paying bank, using a data capture device and a processing device operatively coupled to the data capture device, a memory device, and a communication device, and configured to execute computer-readable program code;

storing the captured data related to the check on the memory device; and

communicating data related to the check using a communication device configured to communicate with at least one other device.

34. The future check integration method of claim 33, wherein the data capture device comprises at least one of a digital pen configured to capture information written on the check, a digital device with a camera configured to capture an image of the check, a device with a touch screen or touch pad configured to capture information written on the check, or a reader configured to capture machine-readable information located on the check.

35. The future check integration method of claim 33, wherein the at least one other device comprises a device in a customer computer system that is configured for receiving the captured data related to the check, and wherein the customer computer system is configured to receive account information from a financial institution or affiliate, and to compare the captured data related to the check to the account information.

36. The future check integration method of claim 33, wherein the at least one other device is a device in a bank computer system that is configured for comparing the captured data related to the check with account information from a financial institution or affiliate.

37. The future check integration method of claim 33, wherein the processing device is configured to execute computer readable-program code for receiving a customer'"'"'s account information from a financial institution or affiliate to compare the data related to the check to a customer'"'"'s account information, using a communication device configured to communicate with the financial institution or affiliate.

38. The future check integration method of claim 33, wherein the processing device is configured to execute computer readable-program code for receiving account information from a financial institution or affiliate, using the communication device that is configured to communicate with a device at the financial institution or affiliate, wherein the account information comprises at least partially a comparison of the captured data related to the check with a customer'"'"'s account transactions or at least partially alerts related to the check, such as the check is within the available funds, an overdraft will occur, an overdraft might occur, or potential fraud has occurred with a customer'"'"'s account.

39. A future check integration method, comprising:

receiving from a customer computer system or data capture system data related to a check, before the check is presented to a paying bank, using a communication device and a processing device that is operatively coupled to the communication device and a memory device, and configured to execute computer-readable program code;

storing the captured data related to the check on the memory device; and

comparing the captured data related to the check with a customer'"'"'s account information.

40. The future check integration method of claim 39, comprising:

communicating an application to the data capture system or the customer computer system, using a communication device configured to communicate with the customer computer system or the data capture system, wherein the application provides the user with the capability of capturing the data related to the check or receiving the customer'"'"'s account information.

41. The future check integration method of claim 39, comprising:

communicating alerts related to the check to the customer computer system or the data capture system, such as the check is within the available funds, an overdraft will occur, or an overdraft might occur, using a communication device configured to communicate with the customer computer system or the data capture system.

42. The future check integration method of claim 39, comprising:

communicating alerts related to the check to the customer computer system or the data capture systems, such as potential fraud has occurred with a customer'"'"'s account, using a communication device configured to communicate with the customer computer system or the data capture system.

43. The future check integration method of claim 39, comprising:

receiving account actions from the customer computer system or the data capture system to transfer funds, stop payment on the check, change the date of payment for the check, or change alerts set up by a customer.