Methods and systems for conducting financial transactions via fa

Registers – Systems controlled by data bearing records – Banking systems

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235380, 902 40, G06F 1760

Patent

active

055942253

ABSTRACT:
Financial transactions are performed rapidly by creating a commercial document, delivering an image of the document to the payee via facsimile, delivering an image of the document to the drawee via facsimile and processing the image of the document using a computer which responds to software commands for retrieving electronically encrypted information on the commercial paper document.

REFERENCES:
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patent: 4656474 (1987-04-01), Mollier et al.
patent: 4960981 (1990-10-01), Benton et al.
patent: 5122950 (1992-06-01), Benton et al.
patent: 5265008 (1993-11-01), Benton et al.
patent: 5285384 (1994-02-01), Gineris
patent: 5420405 (1995-05-01), Chasek

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