Systems and methods to modify a negotiable instrument
First Claim
1. A processor-implemented method of depositing a physical negotiable instrument, comprising:
- receiving a physical negotiable instrument at an intake of a depositor'"'"'s scanner, wherein the physical negotiable instrument comprises at least one surface having a modifiable ink, wherein the modifiable ink is sensitive to a stimulus, wherein the stimulus changes the modifiable ink, wherein the stimulus is a heat or light source of the scanner;
generating a first electronic data of the physical negotiable instrument and a second electronic data of the physical negotiable instrument by the depositor'"'"'s scanner, wherein the first electronic data comprises a digital image of at least a first side of the physical negotiable instrument, wherein the second electronic data comprises an amount of money to be deposited and a magnetic ink character recognition (MICR) information of the physical negotiable instrument;
transmitting the first electronic data and the second electronic data to a financial institution, wherein the depositor is remotely located from the financial institution;
receiving an instruction to void the physical negotiable instrument from the financial institution after a verification of at least the first electronic data by the financial institution wherein the received instruction causes the application of the stimulus to the modifiable ink; and
generating and applying the stimulus by the depositor'"'"'s scanner to the modifiable ink to void the physical negotiable instrument in response to receiving the instruction to void the negotiable instrument, the stimulus permanently modifying the modifiable ink on the physical negotiable instrument.
1 Assignment
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Accused Products
Abstract
When the deposit of a negotiable instrument, such as a check, is done electronically by using a digital image of the negotiable instrument rather than the negotiable instrument itself, during the process, at least two negotiable instruments may exist: the physical negotiable instrument and the digital image of the negotiable instrument. To change the physical negotiable instrument to a non-negotiable instrument, a bank or other financial institution may send a transmission to modify the appearance of the negotiable instrument, thus effectively “voiding” the physical negotiable instrument. The negotiable instrument may have various inks or mechanisms that facilitate the modification of the appearance through the application of a stimulus, such as heat or light. The financial institution may cause the application of the stimulus to modify the appearance of the negotiable instrument.
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Citations
18 Claims
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1. A processor-implemented method of depositing a physical negotiable instrument, comprising:
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receiving a physical negotiable instrument at an intake of a depositor'"'"'s scanner, wherein the physical negotiable instrument comprises at least one surface having a modifiable ink, wherein the modifiable ink is sensitive to a stimulus, wherein the stimulus changes the modifiable ink, wherein the stimulus is a heat or light source of the scanner; generating a first electronic data of the physical negotiable instrument and a second electronic data of the physical negotiable instrument by the depositor'"'"'s scanner, wherein the first electronic data comprises a digital image of at least a first side of the physical negotiable instrument, wherein the second electronic data comprises an amount of money to be deposited and a magnetic ink character recognition (MICR) information of the physical negotiable instrument; transmitting the first electronic data and the second electronic data to a financial institution, wherein the depositor is remotely located from the financial institution; receiving an instruction to void the physical negotiable instrument from the financial institution after a verification of at least the first electronic data by the financial institution wherein the received instruction causes the application of the stimulus to the modifiable ink; and generating and applying the stimulus by the depositor'"'"'s scanner to the modifiable ink to void the physical negotiable instrument in response to receiving the instruction to void the negotiable instrument, the stimulus permanently modifying the modifiable ink on the physical negotiable instrument. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A system for depositing a physical negotiable instrument, comprising:
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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 the physical negotiable instrument at an intake of a depositor'"'"'s scanner, wherein the physical negotiable instrument comprises at least one surface having a modifiable ink, wherein the modifiable ink is sensitive to a stimulus, wherein the stimulus changes the modifiable ink, wherein the stimulus is a heat or light source of the scanner; generate a first electronic data of the physical negotiable instrument and a second electronic data of the physical negotiable instrument the depositor'"'"'s scanner, wherein the first electronic data comprises a digital image of at least a first side of the physical negotiable instrument, wherein the second electronic data comprises an amount of money to be deposited and a magnetic ink character recognition (MICR) information of the physical negotiable instrument; transmit the first electronic data and the second electronic data to a financial institution, wherein the depositor is remotely located from the financial institution; receive an instruction to void the negotiable instrument from the financial institution after a verification of at least the first electronic data by the financial institution wherein the received instruction causes the application of the stimulus to the modifiable ink; and generating and applying the stimulus by the depositor'"'"'s scanner to the modifiable ink to void the physical negotiable instrument in response to the reception of the instruction to void the negotiable instrument, the stimulus permanently modifying the modifiable ink on the physical negotiable instrument. - View Dependent Claims (8, 9, 10, 11, 12)
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13. A non-transitory computer-readable storage medium comprising computer-executable instructions for depositing a physical negotiable instrument, the instructions comprising instructions to:
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receive a physical negotiable instrument at an intake of a depositor'"'"'s scanner, wherein the physical negotiable instrument comprises at least one surface having a modifiable ink, wherein the modifiable ink is sensitive to a stimulus, wherein the stimulus changes the modifiable ink, wherein the stimulus is a heat or light source of the scanner; generate a first electronic data of the physical negotiable instrument and a second electronic data of the physical negotiable instrument by the depositor'"'"'s scanner, wherein the first electronic data comprises a digital image of at least a first side of the physical negotiable instrument, wherein the second electronic data comprises an amount of money to be deposited and a magnetic ink character recognition (MICR) information of the physical negotiable instrument; transmit the first electronic data and the second electronic data to a financial institution, wherein the depositor is remotely located from the financial institution; receive an instruction to void the negotiable instrument from the financial institution after a verification of at least the first electronic data by the financial institution wherein the received instruction causes the application of the stimulus to the modifiable ink; and generate and apply the stimulus by the depositor'"'"'s scanner to the modifiable ink to void the physical negotiable instrument in response to receiving the instruction to void the negotiable instrument, the stimulus permanently modifying the modifiable ink on the physical negotiable instrument. - View Dependent Claims (14, 15, 16, 17, 18)
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Specification