Method and apparatus for improving bank operation productivity

• US 4,417,136 A
• Filed: 08/05/1981
• Issued: 11/22/1983
• Est. Priority Date: 08/05/1981
• Status: Expired due to Term

• Current Assignee: NCR Corporation
• Original Assignee: NCR Corporation
• Inventors: Rushby, Robert J., Damms, Anthony B.
• Primary Examiner(s): Pitts, Harold I.
• Application Number:
  US06/290,029
• Time in Patent Office: 839 Days
• Field of Search: 235/379, 235/375, 235/432, 235/376, 340/146.30
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/201 Accessories of ATMs

Abstract

A system for improving the processing of financial transactions using direct customer entry of the transaction data and automatic verification of this data during proof operations. Each customer prepares his own transaction slip via a remote terminal, which slip is delivered to a teller for verification. During proof and encoding operations, the amount field of each document is read and composed with the data entered by the customer for correspondence; any errors may be corrected at this stage for reconciliation, saving time and labor costs.

Claims

1. A system for processing financial transactions, said system comprising:

first processing means;

first terminal means, coupled to said first processing means, for permitting a customer to enter into said first processing means information obtained from a document of the customer, said document being contained in a financial transaction;

second terminal means, coupled to said first processing means and said first terminal means, for enabling a teller to verify said customer-entered information;

first storage means, coupled to said first processing means, for storing said customer-entered information subsequent to said teller verification;

second processing means for receiving said teller-verified customer-entered information stored within said first storage means;

document processing means for generating information from said document of the customer; and

third processing means for automatically comparing information generated by said document processing means with said customer-entered information within said second processing means for correspondence therebetween.

2. The system of claim 1, wherein said first terminal means includes means for verifying the identity of each customer.

3. The system of claim 1, wherein said first terminal means includes a keyboard for entering said information concerning a financial transaction.

4. The system of claim 1, wherein said first terminal means includes means for encoding each document contained within said transaction.

5. The system of claim 1, wherein said first storage means comprises a magnetic disk.

6. The system of claim 1, wherein said first storage means comprises a tape cassette.

7. The system of claim 1, wherein said second terminal means includes means for correcting any customer-entered information which is deemed erroneous.

8. The system of claim 1, wherein said first and second processing means are coupled by a direct data link.

9. The system of claim 1, wherein said first storage means is physically delivered to said second processing means.

10. The system of claim 1, wherein said first and second processing means are included within a single computer.

11. The system of claim 1, wherein said document processing means includes:

means for reading information encoded upon a document;

character recognition means for reading courtesy amount data located on the face of said document;

and means for producing a facsimile image of the face of said document.

12. The system of claim 11, further including second storage means for storing said facsimile image.

13. The system of claim 12, wherein information obtained by said reading means accesses customer-entered information within said second processing means.

14. The system of claim 13, wherein said accessed information is compared with said data read by said character recognition means for correspondence.

15. The system of claim 14, further comprising means, coupled to said second storage means and said third processing means, for displaying said facsimile image when said third processing means does not indicate correspondence.

16. The system of claim 15, wherein said display means includes means for amending said accessed information within said second storage means to attain correspondence.

17. A method for processing financial transactions within a bank, comprising the steps of:

(a) enabling a customer to enter into a first processing means information obtained from a document of the customer through the use of a first terminal means;

(b) enabling a teller to verify said customer-entered information by use of a second terminal means;

(c) permanently storing within a first storage means said customer-entered information subsequent to teller verification;

(d) delivering said verified customer-entered information within said second processing means for data to a second processing means;

(e) generating information from said document of the customer; and

(f) comparing the information generated from said document of the customer with said customer-entered correspondence therebetween.

18. The method of claim 17, wherein the teller verifying step further comprises the step of correcting any customer-entered information which is deemed erroneous.

19. The method of claim 17, wherein said information generating step further comprises the steps of:

(a) reading information encoded upon a document;

(b) reading the courtesy amount data located on the face of said document; and

(c) producing a facsimile image of the face of said document.