Transmission of check images by way of a public switched telepho

Telephonic communications – Telephone line or system combined with diverse electrical... – To produce visual-graphic copy

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364408, 235379, H04M 1100

Patent

active

053735501

ABSTRACT:
Checks used to effectuate commercial and private transactions may be cleared through the banking system by transporting images of those checks between sending institutions and receiving institutions in forward and reverse flow paths between banks of first deposit and payor banks. The check images are transported through a public switched telephone network which contains a special check imaging node which provides a network based check clearing service for customers of telephone network. The check imaging node receives images of checks from institutions which subscribe to this service and routes those images through the telephone network to intended subscriber and non-subscriber recipients. Transmission of check images through a public switched telephone network may completely replace existing check clearance procedures or may be used in conjunction with existing procedures.

REFERENCES:
patent: 4823264 (1989-04-01), Deming
patent: 4960981 (1990-10-01), Benton et al.
patent: 5122950 (1992-06-01), Benton et al.
patent: 5159548 (1992-10-01), Caslavka
patent: 5175682 (1992-12-01), Higashiyama et al.
T. Seeberg, "Advanced Document Processing at the Union Bank of Norway," IMC Journal, Second Quarter 1983, pp. 23-25.
D. W. Coyle et al., "Beyond the Hype--Character Recognition and Check Image Processing," Bank Management, May 1991, pp. 30-36.
P. Haas, "Why Image Processing Is Banking's Next Strategic System," Banking Software Review, Spring 1988, pp. 37-43.
J. J. Xenakis, "Imaging's Healthy Image," Information Week, Apr. 29, 1991, pp. 36, 40.
J. Wagner, "Sizing Up The Impact of Image Processing," Computers in Banking, Jun. 1989, pp. 22, 68.

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