Expenditure tracking check

• US 6,014,454 A
• Filed: 04/07/1999
• Issued: 01/11/2000
• Est. Priority Date: 07/27/1994
• Status: Expired due to Fees

• Current Assignee: Ontrack Management Systems Incorporated
• Original Assignee: Ontrack Management Systems Incorporated
• Inventors: Kunkler, Todd M.
• Primary Examiner(s): Tran, Phuoc
• Assistant Examiner(s): Mariam, Daniel G.
• Application Number:
  US09/287,718
• Time in Patent Office: 279 Days
• Field of Search: 283/57, 283/58, 283/70, 283/94, 235/456, 382/137, 382/175, 382/141, 382/294, 382/317
• 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 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07D 7/0047 using checkcodes, e.g. coded numbers derived from serial number and denomination
• CPC Class Codes: G07F 9/10 Casings or parts thereof, e.g. with means for heating or cooling
• CPC Class Codes: G07G 5/00 Receipt-giving machines cash registers giving receipts G07G1/00

Abstract

An improved system and method is provided for automatically tracking check transactions and generating an expenditure statement thereof using printed bank checks having a plurality of graphic icons disposed thereon. The customer marks the icon which describes the particular expense for which the check payment is being made. The payor bank or a check processing center scans each check to determine which icon(s) have been marked for each particular check transaction. Recorded expenditures are then automatically recorded in a cumulative transaction record. Periodically, this information is organized into a detailed expenditure statement that can be provided to the bank customer.

Claims

1. A printed bank check comprising:

a substrate;

a plurality of printed lines, spaces and/or boxes disposed on at least one side of said substrate defining the front of said bank check, said plurality of lines, spaces or boxes being adapted to record customary check-transaction information; and

an array of graphic icons disposed on said substrate in a regular pattern, each of said graphic icons comprising a pictorial representation corresponding to a predetermined expenditure category, said graphic icons being adapted to be scanned electronically and receive a mark thereon such that one or more selected expenditure categories may be permanently recorded on said bank check substantially contemporaneously with a particular check transaction.

2. A printed bank check in accordance with claim 1 wherein said substrate measures about 2.75 inches high by about 6.00 inches wide.

3. A printed bank check in accordance with claim 1 wherein said substrate measures about 3.00 inches high by about 8.25 inches wide.

4. A printed bank check in accordance with claim 1 further comprising a MICR code disposed on the bottom of said bank check in accordance with banking industry custom.

5. A printed bank check in accordance with claim 1 comprising between about five and fifty graphic icons disposed on the front side of said bank check in a regular pattern.

6. A printed bank check in accordance with claim 1 comprising between about ten and thirty graphic icons disposed on the front side of said bank check in a regular pattern.

7. A printed bank check in accordance with claim 1 wherein twenty-one graphic icons are disposed on the front side of said bank check in an array of three relatively uniform columns of seven icons each.

8. A printed bank check in accordance with claim 1 wherein said array of icons is disposed on the left side of said check, said icon array measuring about 1.0 inches wide by about 2.0 inches high.

9. A printed bank check in accordance with claim 1 wherein said array of icons is disposed on the left side of said check, said icon array measuring about 0.94 inches wide by about 2.17 inches high.

10. A printed bank check in accordance with claim 1 wherein said array of icons is disposed on the left side of said check approximately 0.45 inches from the bottom edge of said substrate and about 0.25 inches from the left edge of said substrate.

11. A printed bank check in accordance with claim 1 wherein said icons are separated by a horizontal space of between about 0.05 and 0.15 inches and a vertical space of between about 0.025 and 0.10 inches.

12. A printed bank check in accordance with claim 1 wherein said icons are separated by a horizontal space of about 0.093 inches and a vertical space of about 0.070 inches.

13. A printed bank check in accordance with claim 1 wherein said graphic icons are of substantially uniform size and shape and are larger than about 0.20 inches wide by about 0.20 inches high.

14. A printed bank check in accordance with claim 1 wherein each of said icons is substantially square measuring about 0.25 inches on a side.

15. A printed bank check in accordance with claim 1 wherein thirty-five icons are disposed on the front side of said bank check in an array of five relatively uniform columns of seven icons each.

16. A printed bank check in accordance with claim 1 wherein each of said plurality of graphic icons comprises an outer icon portion defining an inverted silhouette of a particular desired icon design and an inner icon portion defining detailing, shadowing and/or highlighting of said particular desired icon design.

17. A printed bank check in accordance with claim 16 wherein said inner and outer icon portions are printed or screened on said substrate so as to have a light absorptivity below a defined threshold level.

18. A printed bank check in accordance with claim 17 wherein said inner and outer icon portions have a PCS of between about 0.05 and 0.25.

19. A printed bank check in accordance with claim 17 wherein said inner icon portion is screened onto said substrate with a screen density of between about 20-35%.

20. A printed bank check in accordance with claim 1 wherein said icons are printed or screened onto said substrate using a purple drop-out ink Pantone #251.

21. A printed bank check in accordance with claim 1 wherein a mark made on one or more of said graphic icons may be detected by scanning each of said graphic icons to obtain a pixel image thereof, masking out an outer portion of said image and counting the number of remaining contiguous dark pixels.

22. A printed bank check in accordance with claim 1 wherein a mark made on one or more of said graphic icons may be detected by scanning said array of graphic icons to obtain a pixel image of any mark made thereon, determining the relative position of said mark on an x-y grid, and determining the icon expenditure category corresponding to said position.

23. A bank check comprising:

a substrate comprising a rectangular slip of paper;

a plurality of lines, spaces and/or boxes disposed on at least one side of said substrate defining the front of said bank check, said plurality of lines, spaces or boxes being sized and positioned to record customary check-transaction information; and

an array of graphic icons disposed on said substrate in a predetermined pattern, each of said graphic icons comprising a pictorial representation corresponding to a predetermined expenditure category, said graphic icons having a predetermined PCS such that each icon is adapted to receive a user-made mark directly thereon having a different PCS and which is machine readable to indicated one or more selected expenditure categories, whereby said one or more selected expenditure categories may be permanently recorded on said bank check substantially contemporaneously with a particular check transaction.

24. A printed bank check in accordance with claim 23 comprising between about five and fifty graphic icons disposed on the front side of said bank check in a regular pattern.

25. A printed bank check in accordance with claim 23 wherein twenty-one graphic icons are disposed on the front side of said bank check in an array of three relatively uniform columns of seven icons each.

26. A printed bank check in accordance with claim 23 wherein said array of icons is disposed on the left side of said check, said icon array measuring about 1.0 inches wide by about 2.0 inches high.

27. A printed bank check in accordance with claim 23 wherein said array of icons is disposed on the left side of said check, said icon array measuring about 0.94 inches wide by about 2.17 inches high.

28. A printed bank check in accordance with claim 23 wherein said graphic icons are of substantially uniform size and shape and are larger than about 0.20 inches wide by about 0.20 inches high.

29. A printed bank check in accordance with claim 23 wherein said graphic icons have a PCS of between about 0.05 and 0.25.

30. A printed bank check in accordance with claim 23 wherein a mark made on one or more of said graphic icons may be detected by scanning each of said graphic icons with a scanner having a threshold PCS detection level that is higher than the PCS of said graphic icons, but lower than the PCS of a user-made mark thereon.

31. A printed bank check in accordance with claim 30 wherein a mark made on one or more of said graphic icons may be detected by scanning said array of graphic icons to obtain a pixel image of any user-made mark thereon, determining the relative position of said mark on an x-y grid, and determining the icon expenditure category corresponding to said position.

32. A negotiable instrument for transacting financial transactions wherein the improvement comprises:

an array of markable icons, symbols or text images thereon representative of expenditure categories, said icons, symbols or text images having a PCS less than a first predetermined threshold measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers;

said icons, symbols or text images being sized and arranged on said check so as to receive a user-made mark directly thereon over each said icon, symbol or text image to indicate an appropriate expenditure category describing said financial transaction, said mark having a PCS greater than a second predetermined threshold which is greater than said first predetermined threshold measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers;

whereby the presence of said mark can be detected using a scanner and applying threshold imaging.

33. The negotiable instrument of claim 32, wherein said first predetermined threshold corresponds to a PCS of about 0.25.

34. The negotiable instrument of claim 32, wherein said icons, symbols or text images have a PCS of between about 0.05 and about 0.25 measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers.

35. The negotiable instrument of claim 32, wherein said icons, symbols or text images have a PCS of between about 0.15 and about 0.25 measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers.

36. The negotiable instrument of claim 32, wherein said icons, symbols or text images have a color and PCS generally corresponding to Purple Pantone #251.

37. The negotiable instrument of claim 32, wherein said second predetermined threshold corresponds to a PCS of about 0.40.

38. The negotiable instrument of claim 32, wherein each said icon, symbol or text image has an outer boundary or frame defining an intended marking area within in which said mark is to be placed.

39. The negotiable instrument of claim 38, wherein said outer boundary or frame has a PCS of greater than about 0.40 measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers.

40. A negotiable instrument for transacting financial transactions comprising:

a paper substrate;

a plurality of lines, spaces and/or boxes disposed on at least one side of said substrate defining the front of said bank check, said plurality of lines, spaces or boxes being sized and positioned to record customary check-transaction information; and

an array of markable icons, symbols or text images thereon representative of expenditure categories, said icons, symbols or text images having a PCS less than a first predetermined threshold measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers, said icons, symbols or text images being sized and arranged on said check so as to receive a user-made mark directly thereon over each said icon, symbol or text image to indicate an appropriate expenditure category describing said financial transaction, said mark having a PCS greater than a second predetermined threshold greater than said first predetermined threshold, whereby the presence of said mark can be detected using a scanner and applying threshold imaging.

41. The negotiable instrument of claim 40, wherein said first predetermined threshold corresponds to a PCS of about 0.25.

42. The negotiable instrument of claim 40, wherein said icons, symbols or text images have a PCS of between about 0.05 and about 0.25 measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers.

43. The negotiable instrument of claim 40, wherein said icons, symbols or text images have a PCS of between about 0.15 and about 0.25 measured over a spectral range having a peak spectral response of about 555 nanometers and a one-half peak spectral response of about 510 to 610 nanometers.

44. The negotiable instrument of claim 40, wherein said second predetermined threshold corresponds to a PCS of about 0.40.