The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 01, 2012
Filed:
Jun. 05, 2009
Randall Lee Mueller, Kansas City, MO (US);
Thomas Edwin Schaadt, Westerville, OH (US);
V. Srinivas Nori, Norcross, GA (US);
Steven Q. Purser, Plano, TX (US);
Pablo Gonzalez, Forney, TX (US);
Bruce D. Herring, Smithville, MO (US);
James A. Blake, Brunswick, OH (US);
Randall Lee Mueller, Kansas City, MO (US);
Thomas Edwin Schaadt, Westerville, OH (US);
V. Srinivas Nori, Norcross, GA (US);
Steven Q. Purser, Plano, TX (US);
Pablo Gonzalez, Forney, TX (US);
Bruce D. Herring, Smithville, MO (US);
James A. Blake, Brunswick, OH (US);
Federal Reserve Bank of Atlanta, Atlanta, GA (US);
Federal Reserve Bank of Cleveland, Cleveland, OH (US);
Federal Reserve Bank of Dallas, Dallas, TX (US);
Federal Reserve Bank of Kansas City, Kansas City, MO (US);
Abstract
Accommodating the data needed to process checks for payment under the Check Clearing for the 21Century Act by using expanded fields of a financial data file. The financial data file can comprise the complete, original MICR data from an original or substitute paper check. The financial data file can comprise truncated data in conventional fields F1-F7 and untruncated data in expanded fields F10-F11. The financial data file further can comprise a result from an image quality analysis performed on an electronic image of the check. The untruncated MICR data and the electronic check image can be used to correct errors in the financial data file and to present the check for payment via a substitute check or an electronic image cash letter. The truncated MICR data can be used to electronically process the check via conventional means.