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:
Aug. 06, 2013
Filed:
May. 07, 2009
Deborah A. Copes, Wethersfield, CT (US);
Debra R. Murphy, Malden, MA (US);
Ann M. Cromarty, Old Saybrook, CT (US);
William A. Schauer, Preston, MD (US);
Deborah A. Copes, Wethersfield, CT (US);
Debra R. Murphy, Malden, MA (US);
Ann M. Cromarty, Old Saybrook, CT (US);
William A. Schauer, Preston, MD (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Systems, methods, and computer program products are provided for automatically processing positive pay return decisions. Positive pay return decisions are financial client decisions that authorize return of a pay item, such as a check, in the event that the client determines that the pay item warrants return, such as in the instance in which the check has been fraudulently altered or the like. Automated processing provides for deleting pay status from a service management system, creating a credit transaction to credit an appropriate demand deposit account and creating a return file that identifies the item and the reason for return.