METHODS AND SYSTEMS FOR VALIDATING NEGOTIABLE INSTRUMENTS

• US 20120045113A1
• Filed: 11/03/2011
• Published: 02/23/2012
• Est. Priority Date: 09/16/2005
• Status: Active Grant

• Current Assignee: Certegy Payment Solutions LLC (Fidelity National Information Services Incorporated)
• Original Assignee: Efunds Corporation (Fidelity National Information Services Incorporated)
• Inventors: BATES, Michael R.
• Granted Patent: US 8,733,633 B2
• Time in Patent Office: Days
• US Class Current: 382/137
• 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 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• 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
• CPC Class Codes: G07F 7/04 by paper currency

Abstract

Methods and systems for validating a negotiable instrument. One method can include obtaining an electronic image of the negotiable instrument, electronically determining a first value and a second value of the negotiable instrument based on the electronic image, and automatically validating the negotiable instrument if the first value is substantially equal to the second value.

Claims

1-24. -24. (canceled)

25. A method of validating a negotiable instrument, the method comprising:

obtaining an electronic image of the negotiable instrument;

electronically determining a first value and a second value of the negotiable instrument based on the electronic image;

automatically validating the negotiable instrument when the first value is substantially equal to the second value; and

automatically validating the negotiable instrument.