Printed matter – Banking – Checks
Patent
1993-04-19
1995-08-15
Fridie, Willmon
Printed matter
Banking
Checks
283 57, 283 59, B42D 1500
Patent
active
054413095
ABSTRACT:
A financial instrument that can be fully processed by automatic machinery is presented as the subject of this disclosure. Although many systems exist to facilitate processing of bank checks and the like, they arrive short of the advantages provided for in this invention. A combination of techniques in the art and new technologies taught herein provide a system that is useful to both human users, and machine processors. Since the invention is fully compatible with known processes, data from the document can be used in the old way, using old methods which include human input techniques. Alternatively, a fully automatic machine process is now possible and new processes for clearing checks can be adopted to increase the efficiency of processing. The new document also provides a mechanism that is more fraud and tamper resistant than is provided for in the art. The invention will contribute to safely expediting the transition of processing financial instruments manually to processing by modern computer automation processing techniques.
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patent: 4634148 (1987-01-01), Greene
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D'Alessio Sergio
Dp3 Alessio Ayna
Fridie Willmon
Lohr Page
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