Company Filing History:
Years Active: 2007-2011
Title: Innovations of Jerome Simonoff
Introduction
Jerome Simonoff is an accomplished inventor based in Venice, California. He holds three patents, showcasing his expertise in the field of printing technology, particularly in the area of negotiable instruments.
Latest Patents
One of his latest patents is a method of printing MICR encoded negotiable instruments such as checks and drafts from facsimile transmitted checks. This improved method allows for the accurate encoding and printing of complete checks on blank paper sheets from graphic check images. The process involves inputting a graphic image of a check into a computer, scanning the image, and identifying the MICR character codes along with their locations. The MICR codes are then printed using magnetic ink in designated fonts within a 'clear band'. The scanned graphic image is reformatted with the MICR images deleted, and the reformatted image is printed above the 'clear band' to create a negotiable check instrument.
Career Highlights
Throughout his career, Jerome Simonoff has made significant contributions to the field of financial technology. His innovative methods have improved the efficiency and accuracy of check printing processes.
Collaborations
Jerome has worked with notable companies such as Bank of America and Future Check LLC. His collaborations with these organizations have further advanced the development of secure and reliable check processing technologies.
Conclusion
Jerome Simonoff's contributions to the field of printing technology, particularly in the area of MICR encoding, have made a lasting impact on the industry. His innovative methods continue to enhance the way negotiable instruments are processed and printed.