System and method for enhancing detection of counterfeit financial transaction documents
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United States of America Patent
Stats
-
Dec 6, 1994
Grant Date -
N/A
app pub date -
Feb 22, 1993
filing date -
Feb 22, 1993
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A financial transaction document, such as a check, is manufactured by dividing the clear band of the document into two parallel portions. The first portion is printed with ferrous loaded ink to produce the standard MICE encoded financial information currently employed in such transaction documents. The second band, located either directly above or directly below the first band, has symbols printed with non-ferrous inks in specific locations. A system is employed to read the information in both bands, and to differentiate between properly printed documents, using the ferrous and non-ferrous printing in adjacent bands, from improperly printed documents which do not employ this printing technique.
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