Automated processing of financial documents

Details Automated processing of financial documents Automated processing of financial documents

1975-08-18

1977-05-31

Kilgore, Robert M.

Registers

Calculators

Input-output calculator to indicator, printer, etc.

101 72, 235 6111E, 346 75, G06K 302, G06K 714, B41L 4500, G01D 1518

Patent

active

040271420

ABSTRACT:
Automated processing of bank checks encoded with alphanumeric characters on the face of each check by transporting said checks as a serial constant velocity train through a processor to a sorter while at a first station generating an item control number unique to each document and at a second station sensing each character in the encoded line to produce a string of data signals for each document. At a third station the control number and other data is imprinted on the back of each document in code form and the control number and other data is imprinted on the face of each document in human readable form.

REFERENCES:
patent: 2124906 (1938-07-01), Bryce
patent: 2275396 (1942-03-01), Johnson
patent: 3120800 (1964-02-01), Ward
patent: 3470357 (1969-09-01), Ritzerfeld
patent: 3588457 (1971-06-01), Bijleveld
patent: 3650205 (1972-03-01), Wybrow
patent: 3698002 (1972-10-01), Appel
patent: 3703628 (1972-11-01), Phillipson
patent: 3913719 (1975-10-01), Frey

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