Image analysis – Applications – Reading paper currency
Reexamination Certificate
1998-04-27
2001-02-27
Johns, Andrew W. (Department: 2721)
Image analysis
Applications
Reading paper currency
C382S137000
Reexamination Certificate
active
06195452
ABSTRACT:
DISCUSSION OF PRIOR ART AND BACKGROUND OF INVENTION
This patent application is a continuation in part of my provisional patent application entitled “METHOD OF AUTHENTICATING NEGOTIABLE INSTRUMENTS”. The subject invention relates to the process of authenticating negotiable instruments in order to detect potential forgery of check, as in the case of the parent application of this patent application. In this latter respect, the issuance, execution, and negotiation of negotiable instruments is frequently susceptible to fraud. One of the prevalent types of fraud is forgery of the signature on a negotiable instrument with the resultant losses to individuals, merchants or other parties.
One has limited abilities to detect the forgery of a negotiable instrument, and additional means are needed to improve the validation of signatures and other negotiation processes when a negotiable instrument is presented. This need for authentication is important to the merchant or individual who accepts a check or negotiable instrument, just as much as it is important to the bank or the institution on which it is drawn.
The conventional and existing procedures used for financial institutions for detecting a false or forged signature on a negotiable instrument is by visual inspection of the signature on the instrument. This is accomplished in a banking institution, for example, when the check is processed by a visual scanning to ascertain its authenticity. This latter process is time consuming and not fully effective, and while there is some electronic scanning of signatures in this regard, there is not sufficient means available to accurately detect the accuracy of the signature, and this relative inefficiency of existing authentication processes results in higher check processing costs to banks and the public at large. It also results in a significant number of forged instruments being undetected, since the authenticity of a handwritten signature is not fully detectible to an electronic scanner.
As stated, there are some automated processes for improving the detection of forgery on checks and similar negotiable instruments, however, none have proven to be highly effective and efficient. Consequently, the subdect invention is conceived as a method and process to improve on and supplement such authentication procedures, and the following objects of the subject invention are directed accordingly.
OBJECTS
It is an object of the subject invention to provide an improved device and process to provide an improved method for detecting the authenticity of negotiable instruments;
An additional object of the subject invention is to provide an improved device, coupled with a programmatic method of authenticating a signature on a negotiable instrument;
Another object of the subject invention is to provide an improved detection method for ascertaining forgery on a written instrument;
Another object of the subject invention is to provide an improved process and method for detecting forged and unauthorized signatures on a documents;
Still another object of the subject invention is to provide a supplementary process for detecting an unauthorized issuance of a document;
A further object of the subject invention is to provide a means to detect the authenticity of a check when it is instantly presented;
Yet another object of the subject invention is to provide a coded mechanism for improving the authenticity of negotiable instruments;
A further object of the subject invention is to provide a device for a person to authenticate a negotiable instrument when presented;
Other and further objects of the subject invention will become apparent on a reading of the specification in conjunction with the claims and drawings.
REFERENCES:
patent: 3985998 (1976-10-01), Crafton
patent: 4588211 (1986-05-01), Greene
patent: 4667985 (1987-05-01), Leonard et al.
patent: 4988126 (1991-01-01), Heckenkamp et al.
patent: 5433483 (1995-07-01), Yu
patent: 5838814 (1999-11-01), Moore
Johns Andrew W.
Nakhjavan Shervin
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