Dale R Bonds

US Patent:

8485435, Jul 16, 2013

Filed:

Aug 14, 2012

Appl. No.:

13/585370

Inventors:

Dale Bonds - Loudonville NY, US
John W. Burgess - Albany NY, US
Luke Tetreault - Loudonville NY, US

Assignee:

KeyCorp - Cleveland OH

International Classification:

G07F 19/00
G07F 17/00

US Classification:

235379, 235375

Abstract:

A method and system for processing financial instruments to detect the presence of duplicate instruments. The method may include the steps of receiving items of information for a plurality of financial instruments, grouping the items into cycles and appending cycle and time dependent information to the items to form coded items, storing the coded items in a database, comparing the items to find items having duplicate identifying information, marking duplicate items for subsequent deletion and printing a report listing the duplicate items. The system may include a mainframe, data repository, item processing applications, and a module that filters items from incoming strings to remove false positives. The remaining duplicate items may be viewed on a graphical user interface that allows a user to review attributes of each item and manually mark duplicates for subsequent deletion.

US Patent:

20090242623, Oct 1, 2009

Filed:

Mar 28, 2008

Appl. No.:

12/058216

Inventors:

Dale Bonds - Loudonville NY, US
John W. Burgess - Albany NY, US
Luke Tetreault - Loudonville NY, US

International Classification:

G06Q 40/00

US Classification:

235379

Abstract:

A method and system for processing financial instruments in order to detect the presence of duplicate instruments. The method may include the steps of receiving discrete items of identifying information, each for a plurality of financial instruments, grouping the items into cycles and appending discrete cycle and time dependent information to each of the items to form coded items, storing each of the coded items in a database, comparing the stored, coded items to each other to find items having duplicate identifying information, marking items having duplicate identifying information for subsequent deletion and printing a report listing all items having duplicate identifying information. The system may include a mainframe, data repository and item processing applications, all interconnected by a network. The system may receive discrete items of identifying information over a network, such as the Internet or private network, such as SVPCO. In a preferred embodiment, the system may include a module that filters items from incoming strings of items to remove false positives, namely, those items that might otherwise appear to be duplicates, but in fact are not, such as rebate coupons. The remaining duplicate items may be viewed on a graphical user interface that allows a user to review attributes of each item and manually mark duplicates for subsequent deletion.