Negotiable instrument authentication systems and methods
First Claim
1. A method for authenticating a negotiable instrument, the method comprising:
- at an authentication system, receiving a plurality of data values associated with the negotiable instrument, the plurality of data values including an image security feature and at least one of a payee name, a payee amount and an account, where in the image security feature includes at least one encoded verification value which corresponds to at least one of the payee name, the payee amount and the account;
obtaining account decoding information from an account verification database, the account verification database including decoding information for each of a plurality of financial institutions;
decoding, at the authentication system, the image security feature using the account decoding information;
extracting, at the authentication system, at least one of the verification values from the decoded image security feature;
comparing, at the authentication system, each of the extracted verification values to at least one of the payee name, the payee amount and the account; and
transmitting, from the authentication system, a result communication indicating a result of the comparison.
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Accused Products
Abstract
Systems, methods, and databases for authenticating negotiable instruments comprise receiving, at an authentication system, a plurality of data values associated with a negotiable instrument, the plurality of data values including an image security feature and an account. The method further comprises obtaining account decoding information from an account verification databases, the account verification database including decoding information for each of a plurality of financial institutions; decoding the image security feature using the account decoding information; obtaining one or more verification values from the decoded image security feature; comparing each of the verification values to a corresponding one of the data values; and transmitting a result communication indicating a result of the comparison.
43 Citations
25 Claims
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1. A method for authenticating a negotiable instrument, the method comprising:
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at an authentication system, receiving a plurality of data values associated with the negotiable instrument, the plurality of data values including an image security feature and at least one of a payee name, a payee amount and an account, where in the image security feature includes at least one encoded verification value which corresponds to at least one of the payee name, the payee amount and the account; obtaining account decoding information from an account verification database, the account verification database including decoding information for each of a plurality of financial institutions; decoding, at the authentication system, the image security feature using the account decoding information; extracting, at the authentication system, at least one of the verification values from the decoded image security feature; comparing, at the authentication system, each of the extracted verification values to at least one of the payee name, the payee amount and the account; and transmitting, from the authentication system, a result communication indicating a result of the comparison. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A method comprising:
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obtaining, at an authentication system, first decoding information from a first financial institution, the first decoding information including information to decode a first type of negotiable instrument image security feature, wherein the negotiable instrument includes the image security feature and a payee name, a payee amount and an account, and wherein at least one of the payee name, the payee amount and the account is also encoded within the image security feature; and obtaining, at the authentication system, second decoding information from a second financial institution, the second decoding information including information to decode a second type of negotiable instrument image security feature. - View Dependent Claims (15, 16, 17, 18)
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19. An account verification database comprising:
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first decoding information for a first financial institution, the first decoding information used to decode a first type of negotiable instrument image security feature obtained from a negotiable instrument, wherein the negotiable instrument includes the image security feature and a payee name, a payee amount and an account, and wherein at least one of the payee name, the payee amount and the account is also encoded within the image security feature; and second decoding information for a second financial institution, the second decoding information used to decode a second type of negotiable instrument image security feature. - View Dependent Claims (20, 21)
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22. A system comprising:
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a communications interface to receive a plurality of data values associated with a negotiable instrument, the plurality of data values including an image security feature and at least one of a payee name, a payee amount and an account, the communications interface further to transmit a result communication indicating an authentication result, wherein the image security feature includes at least one encoded verification value which corresponds to at least one of the payee name, the payee amount and the account; an account verification database storing decoding information for each of a plurality of financial institutions; and logic, communicatively coupled with the communications interface and the account verification database, to obtain account decoding information corresponding to the account from the account verification database, to decode the image security feature using the account decoding information, to extract at least one of the verification values from the decoded image security feature, and to determine the authentication result based at least in part on a comparison of each of the extracted verification values to at least one of the payee name, the payee amount and the amount. - View Dependent Claims (23)
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24. A method for authenticating a negotiable instrument, the method comprising:
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receiving a request to authenticate a negotiable instrument, the request including an image security feature and at least one of a payee name, a payee amount and an account associated with the negotiable instrument, wherein the image security feature includes at least one encoded verification value which corresponds to at least one of the payee name, the payee amount and the account; determining a decoding entity associated with the negotiable instrument; transmitting the image security feature to the decoding entity; receiving, from the decoding entity, authentication information associated with the image security feature based on a comparison of at least one of the verification values and at least one of the payee name, the payee amount and the account; and transmitting a result communication indicating an authentication result, the authentication result based at least in part on the authentication information. - View Dependent Claims (25)
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Specification