System and method for check exception item notification

• US 7,970,706 B2
• Filed: 03/15/2001
• Issued: 06/28/2011
• Est. Priority Date: 03/17/2000
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Keene, Alexandra
• Primary Examiner(s): Weisberger; Richard C
• Application Number:
  US09/809,494
• Publication Number:
  US 20010039534A1
• Time in Patent Office: 3,757 Days
• Field of Search: 705 35- 45
• US Class Current: 705/45
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• 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 system mainframe receives a payee check file and a payor check file and produces an exception file including at least one exception item. A server receives the exception file and generates a Web file including information relating to the exception item and generates an address for the Web file. The server further sends an exception client an e-mail which notifies the exception client of the exception item and provides the exception client with the address for the Web file.

Claims

1. A computer-implemented method of notifying an exception clients associated with a payor financial institution of at least one exception item, said method comprising:

receiving a presentment check file at a computing system, said presentment check file including presentment information related to multiple presented checks, the multiple presented checks requested for cashing against accounts of at least. one of the exception clients of the payor financial institution and presented to the payor financial institution for payment;

receiving a payor check file at the computing system from the at least one exception client associated with the payor financial institution, said payor check file including check information relating to checks written by said exception client;

comparing said presentment check file with said payor check the implementing a first processor, the comparison identifying whether the presentment information related to each of the multiple presented checks corresponds to the check information in the payor check file such that identified presentment information without matching check information creates the at least one exception item, thereby producing an exception file including the at least one exception item;

generating a Web file from the exception file implementing a second processor, said Web file including an image relating to said at least one exception item;

generating an address for said Web file;

sending said exception client an e-mail notifying said exception client of said at least one exception item; and

including a hyperlink to said address in the e-mail, the hyperlink allowing the exception client to access the web file.

2. The method as recited in claim 1, further comprising:

generating an image of said exception item; and

wherein said Web file includes said image.

3. The method as recited in claim 1, further comprising performing a scrubbing process to determine whether said exception item is a true exception item.

4. The method as recited in claim 1, further comprising causing said address to expire at a predetermined time.

5. The method as recited in claim 1, further comprising sending a simple mail transfer protocol notice to said payor financial institution when said exception client accesses said Web file.

6. The method as recited in claim 1, wherein said sending includes sending said e-mail across a network.

7. The method as recited in claim 1, wherein said method is used in an exception item notification system and said method further comprises:

comparing said at least one exception item with a database of clients of said exception item notification system; and

sending said e-mail only when said exception client is a client of said exception item notification system.

9. The method of claim 1, further comprising providing through the web file at least one decisioning link allowing the exception client to make a decision to deny or approve payment of each exception item.

10. The method of claim 9, further comprising automatically processing payment for a selected exception item upon receiving an approval through the decisioning link and eliminating the processed exception item from the exception file.

11. The method of claim 9, further comprising providing a drop down menu visible upon denial of payment, the drop down menu providing selectable reasons for denial.

12. The method of claim 9, further comprising creating a decision file based on received approvals and denials.

13. The method of claim 9, further comprising automatically entering a default decision if the exception client fails to make a decision.

8. A computer-implemented method of notifying an exception clients associated with a payor financial institution of at least one exception item, said method comprising:

receiving a presentment check file at a computing system, said presentment check file including presentment information related to multiple presented checks, the multiple presented checks requested for cashing against accounts of at least one of the exception clients of the payor financial institution and presented to the payor financial institution for payment;

receiving a payor check file at the computing system from the at least one exception client associated with the payor financial institution, said payor check file including check information relating to checks written by said exception client;

comparing said presentment check file with said payor check file implementing a computer processor, the comparison identifying whether the presentment information related to each of the multiple presented checks corresponds to the check information in the payor check file, such that identifying presentment information without matching check information locates the at least one exception item;

creating an exception file including each located exception item;

performing an image matching process implementing an image archive processor to produce an image corresponding to each exception item in the exception file, thereby creating an image exception file;

scrubbing the image exception file to identify valid exception items for exception client review;

generating a web file from the scrubbed image exception file and storing the web file on a server, the web file including the valid exception items from the image exception file in a web accessible format;

generating an address for said web file;

sending said exception client an e-mail notifying said exception client of said at least one exception item; and

including a hyperlink to said address for the web file in the e-mail, the hyperlink allowing the exception client to access the web file.