Patent · US Expired

Method and system for duplicate commercial paper detection

US7178721B2 · kind B2 · utility

136Cited by
20References
29Claims
0Family size

Assignee

Inventor

Key dates

Filing dateFeb 8, 2006
Grant dateFeb 20, 2007
Priority date
Expiry dateFeb 8, 2026

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 implements a method 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.