Method and system for duplicate commercial paper detection
US7028886B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Nov 19, 2004 |
| Grant date | Apr 18, 2006 |
| Priority date | — |
| Expiry date | Nov 19, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/3827
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In one embodiment, software for detecting duplicate commercial paper transactions is operable to identify a check identification code, such as a Magnetic Ink Character Recognition (MICR) code, from a commercial paper transaction, with the check identification code comprising a plurality of fields. The software determines a hash value based on at least a portion of the plurality of fields and verifies the authenticity of the MICR code based, at least in part, on the determined hash value.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.