Patent · US Expired

Method and apparatus for improving bank operation productivity

US4417136A · kind A · utility

201Cited by
10References
19Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 5, 1981
Grant dateNov 22, 1983
Priority date
Expiry dateAug 5, 2001

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/201
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system for improving the processing of financial transactions using direct customer entry of the transaction data and automatic verification of this data during proof operations. Each customer prepares his own transaction slip via a remote terminal, which slip is delivered to a teller for verification. During proof and encoding operations, the amount field of each document is read and composed with the data entered by the customer for correspondence; any errors may be corrected at this stage for reconciliation, saving time and labor costs.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.