US5838814A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Security check method and apparatus
Assignee: Individual
•
Filing: 1996-01-02
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Granted: 1998-11-17
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Expires: 2016-01-02
Abstract
Abstract A check permitting confirmation that a check was drawn by an authorized maker at the time of transaction is disclosed. Such check includes a picture of the authorized maker and an electronically-scannable means for informing the bank whether the check was transacted with the authorized maker present. The picture may include stenganographic identification coding which may be computationally-correlatable with an invisible, but photostatically-incompetent, bank mark. Confirmation of endorsement by the person or entity to whom the draft is drawn is effectuated by providing for a plurality of unique codes associated with the identity of an endorser. Such unique codes preferably include a "made payable to code" and an "endorsement code". Preferably the present invention provides for means for the drawee of the draft to confirm that sufficient funds are available in the account upon which the draft is drawn. Such means may include incorporation onto the draft itself of electronically-readable information correlatable with the account from which the draft is drawn.
Inventors
- 👤 Steven Jerome Moore
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-08 07:08
CPC Classifications
G; G07; G07F; G07F7/00; G07F7/08; G07F7/12; G07F7/125; G06; G06Q; G06Q20/00; G06Q20/04; G06Q20/042; G07D; G07D7/00; G07D7/004; G07D7/0047
Claims Analysis
Total Claims: 9
Claim 1
Independent Claim
179 words
A security method for authenticating the validity of a draft comprising: (i) providing the authorized maker of a draft requiring a signature for transaction of said draft with an electronically-readable means for identifying the account from which said draft is to be drawn; (ii) obtaining said electronically-readable means from a person transacting a signed draft; (iii) electronically reading said electronically-readable identification means and converting the same into an electronic data stream; (iv) electronically inputting the amount for which said signed draft is drawn and coupling such with said electronic data stream relating to said identification; (v) exporting said coupled data to a data processing means having access to account information concerning fund availability in said account at the time of transaction of the draft; (vi) providing the inputter of said signed draft amount with confirmation that said account has sufficient funds to cover said draft; (vii) segregating said inputted amount from other funds in the account and debiting the same upon receipt of said signed draft if said draft is determined to have been signed by said authorized maker.
Claim 2
Dependent Claim
179 words
A security method for authenticating the validity of a draft comprising: (i) providing the authorized maker of a draft requiring a signature for transaction of said draft with an electronically-readable means for identifying the account from which said draft is to be drawn; (ii) obtaining said electronically-readable means from a person transacting a signed draft; (iii) electronically reading said electronically-readable identification means and converting the same into an electronic data stream; (iv) electronically inputting the amount for which said signed draft is drawn and coupling such with said electronic data stream relating to said identification; (v) exporting said coupled data to a data processing means having access to account information concerning fund availability in said account at the time of transaction of the draft; (vi) providing the inputter of said signed draft amount with confirmation that said account has sufficient funds to cover said draft; (vii) segregating said inputted amount from other funds in the account and debiting the same upon receipt of said signed draft if said draft is determined to have been signed by said authorized maker.
Claim 3
Dependent Claim
17 words
The method of claim 1 further comprising the step of incorporating said electronically-readable means onto said draft.
Claim 4
Dependent Claim
21 words
The method of claim 1 further comprising the step of incorporating said electronically-readable means onto a substrate separate form said draft.
Claim 5
Dependent Claim
28 words
The method of claim 1 further comprising the step of providing the authorized maker of draft with an electronically-readable means for identifying the authorized maker of said draft.
Claim 6
Dependent Claim
121 words
A security draft with incorporated means for authenticating the validity of the signed draft, comprising: (i) a substrate having a face portion and a back portion, said face portion having imprinted thereon a maker signature delineation area, and said back portion having imprinted thereon an endorser signature delineation area; (ii) a digital picture of the authorized maker imprinted on said face portion or said back portion of said substrate, said digital picture having encoded therein data with respect to the characteristics of the verified signature of the authorized maker; (iii) an identification code correlatable with encoded data within said digital picture printed on said face portion or said back portion of said substrate at a position outside of said digital picture.
Claim 7
Dependent Claim
121 words
A security draft with incorporated means for authenticating the validity of the signed draft, comprising: (i) a substrate having a face portion and a back portion, said face portion having imprinted thereon a maker signature delineation area, and said back portion having imprinted thereon an endorser signature delineation area; (ii) a digital picture of the authorized maker imprinted on said face portion or said back portion of said substrate, said digital picture having encoded therein data with respect to the characteristics of the verified signature of the authorized maker; (iii) an identification code correlatable with encoded data within said digital picture printed on said face portion or said back portion of said substrate at a position outside of said digital picture.
Claim 8
Dependent Claim
16 words
The security draft of claim 5 wherein said identification code is printed in a concealed manner.
Claim 9
Dependent Claim
21 words
The security draft of claim 6 wherein said concealed identification code is printed in an ink undetectable in the visible spectrum.
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2001-11-16 | 2002-05-18 | 2002-11-17 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2005-11-16 | 2006-05-18 | 2006-11-17 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2009-11-16 | 2010-05-18 | 2010-11-17 | $7700.00 | Window Closed / Lapsed |