System and Method For Image Depositing, Image Presentment and Deposit Taking in a Commercial Environment

• US 20100306111A1
• Filed: 08/13/2010
• Published: 12/02/2010
• Est. Priority Date: 07/07/1998
• Status: Active Grant

• Current Assignee: Citicorp Credit Services Incorporated (Citigroup Incorporated)
• Original Assignee: Citicorp Credit Services Incorporated (Citigroup Incorporated)
• Inventors: Dudasik, Edward M.R., Hsu, Phoebe Rin-Rin, Sears, Michael L., Do, Cuong D., Slater, Alan, McSharry, H. Patrick, Gryte, Stephen M., Brooks, Robert O.
• Granted Patent: US 9,378,490 B2
• Time in Patent Office: Days
• US Class Current: 705/45
• 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 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00

Abstract

A method and system provides for scanning a check and/or cash to create an electronic image of the front and the back of the check and/or cash. The image is then processed and transmitted electronically to a central location. The image may be recreated into a paper form at the central location, resembling the original paper check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. Paperless processing of checks and cash is thus provided, including local voiding and storage of the check without requiring immediate pickup, while still allowing the transaction to be process.

Claims

1. A method for image based transactions, comprising:

scanning, using a check imaging station computer, an original paper check having at least one of handwritten and machine written text and encoded with magnetic indicia received for deposit at a first location;

creating, using the check imaging station computer, an electronic image file of the scanned original paper check consisting at least in part of an electronic representation of the at least one of handwritten and machine written text and the magnetic indicia encoding;

transmitting, using the check imaging station computer, the electronic image file of the scanned original paper check from the first location to a check image server computer at a second location; and

recreating, using the check image server computer, a paper facsimile image of the scanned original paper check with the at least one of handwritten and machine written text and encoded with the magnetic indicia encoding from the electronic image file of the scanned original paper check for processing a transaction with the paper facsimile image in place of the scanned original paper check.

2. The method of claim 1, wherein scanning the original paper check further comprises scanning, using the check imaging station computer, a front face and a back face of the original paper check.

3. The method of claim 1, wherein scanning the original paper check further comprises capturing, using the check imaging station computer, data representing the at least one of handwritten and machine written text and the magnetic indicia encoding.

4. The method of claim 3, wherein scanning the original paper check further comprises validating, using the check imaging station computer, a check deposit amount when a check amount entered on an input device of the check imaging station computer matches an amount of the scanned original paper check according to the captured data representing the at least one of handwritten and machine written text.

5. The method of claim 4, wherein scanning the original paper check further comprises compiling, using the check imaging station computer, deposit information consisting at least in part of the validated check deposit amount and a deposit account number and routing transit number according to the captured data representing the magnetic indicia encoding.

6. The method of claim 5, wherein scanning the original paper check further comprises voiding, using the check imaging station computer, the original paper check after the check deposit amount is validated.

7. The method of claim 6, wherein voiding the original paper check further comprises applying, using the check imaging station computer, cancellation information to the original paper check.

8. The method of claim 1, wherein creating the electronic image file further comprises creating, using the check imaging station computer, the electronic image file of a front face and a back face of the scanned original paper check.

9. The method of claim 8, wherein creating the electronic image file further comprises compressing, encrypting and digitally signing, using the check imaging station computer, the electronic image file for secure transmission to the second location.

10. The method of claim 1, wherein transmitting the electronic image file from the first location to the second location further comprises transmitting, using the check imaging station computer, the electronic image file from a check deposit location of a first financial institution to the check image server computer of the first financial institution at the second location.

11. The method of claim 10, wherein transmitting the electronic image file from the check deposit location of the first financial institution to the check image server computer of the first financial institution at the second location further comprises transmitting, using the check imaging station computer, the electronic image file to the check image server computer of the first financial institution at the second location via a network.

12. The method of claim 11, wherein recreating the paper facsimile image of the scanned original paper check for processing a transaction with the paper facsimile image in place of the scanned original paper check further comprises recreating, using the check image server computer, the paper facsimile image of the scanned original paper check for processing a transaction by the first financial institution at the second location with the paper facsimile image in place of the scanned original paper check.

13. The method of claim 1, wherein transmitting the electronic image file from the first location to the second location further comprises transmitting, using the check imaging station computer, the electronic image file from a check deposit location of a first financial institution to the check image server computer of a second financial institution at the second location.

14. The method of claim 13, wherein transmitting the electronic image file from the check deposit location of the first financial institution to the check image server computer of the second financial institution at the second location. further comprises transmitting, using the check imaging station computer, the electronic image file to the check image server computer of the second financial institution at the second location over a network via a check image server computer of the first financial institution.

15. The method of claim 14, wherein recreating the paper facsimile image of the scanned original paper check for processing a transaction with the paper facsimile image in place of the scanned original paper check further comprises recreating, using the check image server computer, the paper facsimile image of the scanned original paper check for processing a transaction by the second financial institution at the second location with the paper facsimile image in place of the scanned original paper check.

16. The method of claim 1, wherein recreating the paper facsimile image of the scanned original paper check for processing a transaction in place of the scanned original paper check further comprises printing, using the check image server computer, a sheet consisting of at least the paper facsimile image of the scanned original paper check with the at least one of handwritten and machine written text and encoded with the magnetic indicia from the electronic image file of the scanned original paper check.

17. The method of claim 16, wherein recreating the paper facsimile image of the scanned original paper check for processing a transaction in place of the scanned original paper check further comprises separating, using the check image server computer, the paper facsimile image of the scanned original paper check from the printed sheet.

18. A machine for image based transactions, comprising:

a check imaging station computer having a processor programmed for;

scanning, an original paper check having at least one of handwritten and machine written text and encoded with magnetic indicia received for deposit at a first location;

creating an electronic image file of the scanned original paper check consisting at least in part of an electronic representation of the at least one of handwritten and machine written text and the magnetic indicia encoding;

transmitting the electronic image file of the scanned original paper check from the first location to a check image server computer at a second location; and

the check image server computer having a processor programmed for;

recreating a paper facsimile image of the scanned original paper check with the at least one of handwritten and machine written text and encoded with the magnetic indicia encoding from the electronic image file of the scanned original paper check for processing a transaction with the paper facsimile image in place of the scanned original paper check.