Bank of America Corporation

Geoffrey Reed Williams

Kerry Michelle Cantley

Eric Scott Sandoz

Michael Gerald Smith

Lisa Gibson

Melvin Gregory Nixon

Craig David Palmer

Jeffrey R Goertz

Timmy Leo Gauvin

Deborah N Bennett

Eric Dryer

James William Stark, Iii

Krishna Kota

Shiva-Sanjay Bhakta

Mike Stoll

Tim Gauvin

James Gregory Ronca

Willard H Waldron, Iii

Carl Parziale

Shawn Cart Gunsolley

Erin Cassell

Deborah A Copes

Joshua Allen Beaudry

James F Barrett, Ii

David Jacob Feezor

Emily Brooke Gillespie

Alicia C Jones

Mark D Zanzot

Lowell Robert Huff

George Miller Abernethy

Ronald Hollander

Leslie LaRock

James E Burgess

Robert Edward Marshall

Steve David Poinier

Carrie Finch

Eric S Sandoz, Ii

Melinda Hiler

Dave Wellington McMann

Systems, method, apparatuses, and software are described for automatically detecting defects in financial transactions, automatically determining resolutions to the defects based on historical defect patterns, an interacting with customers to provide information and/or receive instructions regarding defects and how they should be resolved.

Actionable exception alerts

Systems, computer program products, and methods are described herein for document presentment and fulfillment based on pattern analytics. The present invention is configured to determine one or more resource transfers executed by one or more users, wherein the one or more resource transfers are executed in response to one or more resource transfer requests; retrieve information associated with the one or more resource transfers executed by the one or more users; initiate one or more machine learning algorithms on the retrieved information; determine a pattern associated with the one or more resource transfers executed by the one or more users based on at least the retrieved information; and re-configure the one or more resource transfer requests based on at least the pattern associated with the one or more resource transfers executed by the one or more users.

Pattern analytics system for document presentment and fulfillment

Embodiments of the invention are directed to a system, method, or computer program product for intelligent systematic physical document fulfillment. Feeding a generated artificial intelligent engine one or more carrier information, geographic information, regulatory information, cost analytics, and/or user analytics in real-time. The invention performs predictive analytic processing for best mode of generation and distribution of physical documents that satisfy the user expectations, regulatory compliance, and efficiency. As such, the invention generates an optimized document printing and distribution schedule for user physical document printing and distribution.

Intelligent systematic physical document fulfillment system

Embodiments of the invention include systems, methods, and computer-program products for archive validation and retention parameter determination for documents. The system may generate or receive image documents. Utilizing image quality and data storage metrics the system may trigger the purging and/or retention of documents in image and/or paper form. Furthermore, the system may identify a duration of storage, location of storage, and the like. Upon retention, the system may continually monitor the documents and store metadata associated with the use of the retained documents. This monitoring may identify a period for purging the document, efficiently allowing for physical or server space availability.

Archive validation system with data purge triggering

Embodiments of the invention include systems, methods, and computer-program products for a feedback loop for enhancing archive validation and retention parameter determination for documents. The system may generate or receive image documents. Utilizing image quality and data storage metrics the system may trigger the purging and/or retention of documents in image and/or paper form. Upon retention, the system may continually monitor the documents and store metadata associated with the use of the retained documents. Once the documents are purged, the system compiles historic data points associated with the image quality and data storage metrics. Furthermore, the system extracts the metadata associated with the monitoring of retained documents. These data points and metadata are reviewed to provide revisions in retention parameters for specific documents. A feedback loop directly communicates and integrates the revisions to the metric and criteria for instant integration.

Apparatus and methods for distributed processing of a check image are provided. A payee may submit a request to deposit a negotiable instrument. The request may be received at a first financial institution. The negotiable instrument may be a check. A transaction record may be generated at the time of the request. The transaction record may be based on information handwritten or printed on the negotiable instrument. The transaction record may be transmitted to a second financial institution. The second financial institution may conduct a fraud analysis based on the transaction record. The second financial institution may transmit a fraud indicator to the first financial institution. Based on the fraud indicator, the first institution may accept or deny the request of the payee. Apparatus and methods may distribute computing resources associated with detection of fraudulent negotiable instrument. The resources may be distributed among the first and second financial institutions.

Distributed processing of a check image

Methods, systems, and computer-readable media for detecting duplicate deposit items at a point of capture are presented. In some embodiments, a computing platform may receive image data of a deposit item presented for deposit. Subsequently, the computing platform may obtain magnetic ink character recognition (MICR) information for the deposit item. Then, the computing platform may extract information from one or more visible fields of the deposit item. Next, the computing platform may compare the MICR information and the information extracted from the one or more visible fields with item history information to determine a confidence score indicative of whether the deposit item is a duplicate of a previously-deposited item. If the confidence score is less than a threshold, the computing platform may reject the deposit item at the point of capture. Alternatively, if the confidence score is not less than the threshold, the computing platform may accept the deposit item.

Detecting duplicate deposit items at point of capture

Methods, systems, and computer-readable media for processing damaged items using image data lift are presented. In some embodiments, a computing platform may receive image data of a deposit item. Subsequently, the computing platform may determine whether a magnetic ink character recognition (MICR) line of the deposit item is readable. If the MICR line is not readable, the computing platform may perform an image data lift on the image data to extract information from one or more visible fields of the deposit item. Then, the computing platform may identify a payor of the deposit item based on the extracted information and may determine whether the deposit item is an on-us item. If the deposit item is an on-us item, the computing platform may rebuild MICR information for the deposit item. Thereafter, the computing platform may process the deposit item for deposit based on the rebuilt MICR information.

Processing damaged items using image data lift

Embodiments of the present invention relate to systems, computer-implemented methods, and computer program products for capturing elements of a negotiable instrument and generating a thumbnail image of the negotiable instrument for use in image recreation. In some embodiments, a method is provided that includes: (a) receiving an image of the negotiable instrument, wherein the image of the negotiable instrument comprises one or more elements that are used for processing the negotiable instrument; (b) capturing, using the image capture device, images of one or more elements of the negotiable instrument; (c) generating a thumbnail image of the negotiable instrument based at least partially on an image of the negotiable instrument; and (d) storing the images of the one or more elements of the negotiable instrument and the thumbnail image of the negotiable instrument in the database.

Systems and methods for capturing and storing image data from a negotiable instrument

Embodiments of the invention include systems, methods, and computer-program products for providing recreated image documents using templates or generic control documents. In this way, an entity may store limited amounts of image data from an original document and subsequently recreate the document image using document templates. As such, the invention may compile templates for image documents. Upon receiving a document from a transaction for storage, the system may store the metadata associated with that document, instead of storing the entire document as a high resolution image file. Using the template, in combination with the metadata, the system may recreate the image as a system generated image for user recall and reconciliation.

Image recreation using templates

Apparatus, methods and media for deriving a transaction record based on handwritten check content. The apparatus may include, and the methods and media may involve, a receiver device that is configured to receive a check image. The apparatus may include, and the methods and media may involve, a processor device. The processor device may be configured to define a check segment within the check image; translate content from the segment from handwriting to estimated block text; and store the block text in a transaction record in machine readable memory. The apparatus may include, and the methods and media may involve, a transmitter that is configured to transmit the block text to a financial institution product engine.

Image check content estimation and use

Embodiments of the invention are directed to systems, methods, and computer program products for determining a storage location for an image of a check. In some embodiments, a system is configured to: receive an image of a check, the image being associated with an account associated with a user; analyze check retrieval activity associated with the account; determine, based on the check retrieval activity, a storage location for the image; and store the image at the storage location.

Customer activity driven storage

Growing community of inventors

Midlothian, TX, United States of America

Geoffrey Reed Williams