Atomic deposit transaction

• US 7,885,880 B1
• Filed: 09/30/2008
• Issued: 02/08/2011
• Est. Priority Date: 09/30/2008
• Status: Active Grant

• Current Assignee: United Services Automobile Association
• Original Assignee: United Services Automobile Association
• Inventors: Pollack, Jeffrey N., Prasad, Bharat
• Primary Examiner(s): Colbert; Ella
• Assistant Examiner(s): Ojiaku; Chika
• Application Number:
  US12/242,063
• Time in Patent Office: 861 Days
• Field of Search: 705/45, 705/44, 235/379, 235/378
• US Class Current: 705/35
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• 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

A user may generate a digital image of a negotiable instrument such as a check. The digital image may be transmitted to an institution in a digital image file for deposit of the check. After the user selects to submit the digital image file, the digital image file may be sent from a user computing device to the institution. The user computing device may be decoupled from the transaction once the submission of the digital image file for deposit of the check is made. The transaction is thereafter managed by the institution. Incomplete transactions are avoided by moving the transaction processing to the server side at the institution after the user submits the digital image file. This may be referred to as an atomic deposit transaction.

Claims

1. An atomic deposit transaction method, comprising:

receiving a request for instantiation of a remote deposit transaction from a user computing device of a user;

receiving a digital image file of a negotiable instrument at a server of a financial institution from the user computing device of the user via a website associated with the financial institution for deposit of the negotiable instrument into an account of the user, wherein the user computing device is communicatively coupled to an image capture component, wherein the image capture component generates the digital image file of the negotiable instrument by capturing an image of a physical negotiable instrument;

processing the digital image file by the server of the financial institution to extract deposit information;

proceeding with the remote deposit transaction including depositing funds of the negotiable instrument into the account of the user based on the extracted deposit information without receiving any user-specified deposit information from the user computing device after receiving the digital image file; and

providing the user computing device with access via the website to information pertaining to the processing of the digital image file.

2. The method of claim 1, wherein the negotiable instrument comprises a check.

3. The method of claim 1, wherein the digital image file is received via an Internet connection with the user computing device, wherein the Internet connection is severed prior to processing the digital image file.

4. The method of claim 1, wherein the financial institution receives the digital image file from the user computing device via a communications connection with the user computing device and performs the processing of the digital image file, the communications connection being lost prior to the financial institution processing the digital image file.

5. The method of claim 4, wherein a loss of the communications connection comprises a browser of the user computing device navigating away from the website prior to the financial institution processing the digital image file.

6. The method of claim 1, further comprising providing a confirmation to the user computing device that a deposit of funds of the negotiable instrument into the account was performed.

7. A computer-readable medium comprising computer-readable instructions for an atomic deposit transaction, said computer-readable instructions comprising instructions that:

receive a request for instantiation of a remote deposit transaction from a user computing device of a user;

receive a digital image file of a negotiable instrument at a server of a financial institution from the user computing device of the user via a website associated with the financial institution for deposit of the negotiable instrument into an account of the user, wherein the user computing device is communicatively coupled to an image capture component, wherein the image capture component generates the digital image file of the negotiable instrument by capturing an image of a physical negotiable instrument;

process the digital image file by the server of the financial institution to extract deposit information;

proceed with the remote deposit transaction including depositing funds of the negotiable instrument into the account of the user based on the extracted deposit information without receiving any deposit information from the user computing device after receiving the digital image file; and

provide the user computing device with access via the website to information pertaining to the processing of the digital image file.

8. The computer-readable medium of claim 7, wherein the negotiable instrument comprises a check.

9. The computer-readable medium of claim 7, wherein the digital image file is received via an Internet connection with the user computing device, wherein the Internet connection is severed prior to processing the digital image file.

10. The computer-readable medium of claim 7, wherein the financial institution receives the digital image file from the user computing device via a communications connection with the user computing device and performs the processing of the digital image file, the communications connection being lost prior to the financial institution processing the digital image file.

11. The computer-readable medium of claim 10, wherein a loss of the communications connection comprises a browser of the user computing device navigating away from the website prior to the financial institution processing the digital image file.

12. The computer-readable medium of claim 7, further comprising instructions that provide a confirmation to the user computing device that a deposit of funds of the negotiable instrument into the account was performed.

13. A system for atomic deposit transaction, comprising:

a memory;

a processor disposed in communication with said memory, and configured to issue a plurality of processing instructions stored in the memory, wherein the processor issues instructions to;

receive a request for instantiation of a remote deposit transaction from a user computing device of a user;

receive a digital image file of a negotiable instrument at a server of a financial institution from the user computing device of the user via a website associated with the financial institution for deposit of the negotiable instrument into an account of the user, wherein the user computing device is communicatively coupled to an image capture component, wherein the image capture component generates the digital image file of the negotiable instrument by capturing an image of a physical negotiable instrument;

process the digital image file at the server of the financial institution to extract deposit information;

proceed with the remote deposit transaction including depositing funds of the negotiable instrument into the account of the user based on the extracted deposit information without receiving any deposit information from the user computing device after receiving the digital image file; and

provide the user computing device with access via the website to information pertaining to the processing of the digital image file.

14. The system of claim 13, wherein the negotiable instrument comprises a check.

15. The system of claim 13, wherein the digital image file is received via an Internet connection with the user computing device, wherein the Internet connection is severed prior to processing the digital image file.

16. The system of claim 13, wherein the financial institution receives the digital image file from the user computing device via a communications connection with the user computing device and performs the processing of the digital image file, the communications connection being lost prior to the financial institution processing the digital image file.

17. The system of claim 16, wherein a loss of the communications connection comprises a browser of the user computing device navigating away from the website prior to the financial institution processing the digital image file.

18. The system of claim 13, wherein the processor further issues instructions to provide a confirmation to the user computing device that a deposit of funds of the negotiable instrument into the account was performed.