Registers – Systems controlled by data bearing records – Operations analysis
Reexamination Certificate
2007-04-12
2008-09-23
Hess, Daniel A (Department: 2876)
Registers
Systems controlled by data bearing records
Operations analysis
C705S035000, C705S045000
Reexamination Certificate
active
07427016
ABSTRACT:
A method for screening for potential fraud in commercial paper is provided. For example, a method of the invention comprises steps of presenting a check for cashing to a check cashing agent (e.g., a bank teller); scanning or inspecting the check for data; selecting data for analysis; analyzing selected data with a commercial paper fraud detection system (“CPFDS”); and reporting results of the fraud detection system analysis to the check cashing agent. The commercial paper fraud detection system provides a means for predicting if commercial paper is potentially fraudulent. For example, the commercial paper fraud detection system may detect stolen checks, altered checks, and fabricated or counterfeit checks, among other types of fraud. Also provided is a computer program product for detecting fraud in commercial paper.
REFERENCES:
patent: 5781654 (1998-07-01), Carney
patent: 6029154 (2000-02-01), Pettitt
patent: 2003/0218061 (2003-11-01), Filatov
patent: 2006/0210138 (2006-09-01), Hilton et al.
patent: WO 97/26615 (1997-09-01), None
Integrated Payment Systems website (wwww.fdcips.com) as accessed on Mar. 28, 2007.
Positive Pay “New Host Validation Screen,” about Jan. 2007.
“All About Positive Pay” from www.positivepay.net as accessed on Mar. 5, 2007.
“Check Fraud” from www.safechecks.com as accessed on Apr. 11, 2007.
Safe Checks Product Catalog from www.safechecks.com as accessed on Apr. 11, 2007.
“Check Fraud, A Guide to Avoiding Losses,” by the Check Fraud Working Group, Feb. 1999.
Hess Daniel A
McNees Wallace & Nurick LLC
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