Method and system for duplicate commercial paper detection
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United States of America Patent
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Feb 20, 2007
Issued Date -
N/A
app pub date -
Feb 8, 2006
filing date -
Nov 19, 2004
priority date (Note) -
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Abstract
In one embodiment, software for detecting duplicate commercial paper transactions implements a method to identify a check identification code, such as a Magnetic Ink Character Recognition (MICR) code, from a commercial paper transaction, with the check identification code comprising a plurality of fields. The software determines a hash value based on at least a portion of the plurality of fields and verifies the authenticity of the MICR code based, at least in part, on the determined hash value.
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