Secure printer for printing financial instruments

• US 6,088,684 A
• Filed: 06/29/1998
• Issued: 07/11/2000
• Est. Priority Date: 12/27/1993
• Status: Expired due to Term

• Current Assignee: Integrated Payment Systems Incorporated (Fiserv Incorporated)
• Original Assignee: First Data Corporation (Fiserv Incorporated)
• Inventors: Knoll, Benjamin L., Custy, Jeanne M.
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US09/106,490
• Time in Patent Office: 743 Days
• Field of Search: 705/35, 395/110, 395/117, 395/186, 395/188.01, 395/218, 395/235, 395/491, 340/825.3, 340/825.31, 340/825.34, 235/379-383, 364/918.2, 713/200, 713/202
• US Class Current: 705/35
• 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

Abstract

An integrated data processing system having an execution control processor (10) that itself comprises a security processor (12) and data base processor (14). Bidirectional communication with a printer (30) is provided through a print processor (28) to provide for the secure printing of financial instruments. Grammar files (24) and parameter files (26) are supplied to allow for the configuration and customization of the execution control processor (10) and a graphical user interface (18). A communications processor (20) is provided to establish network connection with a host computer. Context-sensitive help is provided using a help processor (22).

Claims

1. A printing system operable to print a financial instrument, comprising:

a data base for storing information associated with the financial instrument;

a printer operable to print financial instruments, and being responsive to data received from the data base, said printer operable to use a magnetic ink character recognition font for printing at least portions of the financial instrument; and

a security processor operable to compare a unique identifier associated with the printer, to a stored identifier to confirm the identity of the printer and operable to automatically transmit to the printer, in response to confirming the identity of the printer, a password associated with the printer to gain access to the printer for printing the financial instrument after the password is confirmed.

2. The printing system of claim 1, wherein said security processor is operable to require confirmation of an identity of a user of the printer prior to allowing access to the printer.

3. The printing system of claim 2, further including a plurality of levels of user identities, where different levels of identities allow different uses of the printer.

4. The printing system of claim 1, wherein said printer is operable to be loaded with paper stock having no intrinsic economic value, and when printed by said printer, the resulting printed paper has an intrinsic economic value.

5. The printing system of claim 4, wherein said printer is operable to print official checks and money orders from said paper stock.

6. The printing system of claim 1, wherein said font is stored in a memory in said printer.

7. The printing system of claim 1, wherein the printer is operable to use said magnetic ink character recognition font to print selected characters on the financial instrument, and wherein the printer must receive the password associated with the particular printer prior to accessing the magnetic ink character recognition font.

8. The printing system of claim 1, further comprising a fee calculation system operable to calculate fees associated with the financial instruments processed by the system, the security processor being operable to monitor the processing of fees such that authorization and documentation is required before the calculated fees can be waived or adjusted.

9. The printing system of claim 1, wherein said printing system processes a financial instrument selected from a group consisting of official checks, money orders, money grams, starter checks, variable amount coupons, gift checks, gift certificates, cashier checks, instapay functions and phone cards.

10. The printing system of claim 1, further including a memory storing printed matter to be printed on the paper stock, whereby said paper stock only has intrinsic economic value once printing is applied thereto.

11. A method for controlling a printer to print a financial instrument, comprising the steps of:

receiving and storing information associated with the financial instrument;

comparing a unique identifier associated with the printer to a stored identifier to confirm an identity of the printer;

automatically transmitting, in response to confirming the identity of the printer, a security code associated with the printer to the printer to access a secure font; and

printing the financial instrument using the secure font and the information associated with the financial instrument.

12. The method of claim 11, further including storing the secure font in a memory in said printer.

13. The method of claim 11, further including loading the printer with blank stock of the type having no intrinsic economic value.

14. The method of claim 13, further including storing the information to be printed in a memory.

15. A printing system operable to print a financial instrument, comprising:

a data base for storing information associated with the financial instrument;

a printer operable to print financial instruments, and being responsive to data received from the data base; and

a security processor operable to compare a unique identifier associated with the printer, to a stored identifier to confirm the identity of the printer and operable to automatically transmit to the printer, in response to confirming the identity of the printer, a password associated with the printer to gain access to the printer for printing the financial instrument after the password is confirmed.

16. A printing system operable to print a document having intrinsic economic value, comprising:

a data base for storing information associated with the document;

a printer operable to print the documents, and being responsive to data received from the data base; and

a security processor operable to compare a unique identifier associated with the printer, to a stored identifier to confirm the identity of the printer and operable to automatically transmit to the printer, in response to confirming the identity of the printer, a password associated with the printer to gain access to the printer for printing the document after the password is confirmed.

17. A method for controlling a printer to print a document having intrinsic economic value, comprising the steps of:

receiving and storing information associated with the document;

comparing a unique identifier associated with the printer to a stored identifier to confirm an identity of the printer;

automatically transmitting, in response to confirming the identify of the printer, a security code associated with the printer to the printer to access a secure font; and

printing the document using the secure font and the information associated with the document.