Digital First Holdings LLC

Bhagavanthulu Veera Venkata Tanakala

Lalitha Rashmi Bhairy

Brennan Paul Day

A transaction terminal presents a new type of transaction through the transaction interface for cashing checks of unbanked consumers. The interface obtains a government identifier provided through input and/or government issued card read at the terminal. The check is imaged, and the government identifier is verified by a government verification service. Once verified, a name associated with the government identifier obtained from the verification service is matched to a payee name on the check obtained from an image of the check. The bank that the check is drawn on is provided the check account number and amount of the check and returns an authorization code when the check is authorized to be cashed. The authorization code is provided to the terminal and the terminal dispenses currency in the amount of the check to the unbanked consumer.

Growing community of inventors

Dunwoody, GA, United States of America

Bhagavanthulu Veera Venkata Tanakala