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Abstract

In the present invention a method of compressing a signature signal is disclosed. The signature signal is divided into a plurality of signature segment signals where each segment is encoded by using a modified ring-encoding method, such that the total number of grid points along the perimeter of all the rings can be stored in an 8-bit byte. In one embodiment of the method of the present invention, a Fibonacci series is used to determine the relative spacing of the rings. The present invention also discloses a method and apparatus for electronically processing a POS transaction with a human signature for verification of the transaction, as well as for request of extension of credit by a credit company. The signature is electronically captured, compressed and combined with a transaction signal which is representative of the transaction. The record signal is then processed by the credit company for verification of the transaction or for requesting extension of credit.

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First Claim