System and method for image depositing, image presentment and deposit taking in a commercial environment
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United States of America Patent
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Sep 7, 2010
Grant Date -
N/A
app pub date -
Jul 7, 1999
filing date -
Jul 7, 1998
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A method and system provides for scanning a check and/or cash to create an electronic image of the front and the back of the check and/or cash. The image is then processed and transmitted electronically to a central location. The image may be recreated into a paper form at the central location, resembling the original paper check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. Paperless processing of checks and cash is thus provided, including local voiding and storage of the check without requiring immediate pickup, while still allowing the transaction to be process.
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