Deborah C Bennett

US Patent:

20140046841, Feb 13, 2014

Filed:

Aug 9, 2012

Appl. No.:

13/570476

Inventors:

Timmy L. Gauvin - Atlanta GA, US
Kerry M. Cantley - Fort Mill SC, US
Deborah N. Bennett - Conyers GA, US
Eric S. Sandoz - Concord CA, US
Geoffrey R. Williams - Midlothian TX, US
James G. Ronca - Decatur GA, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/02
G06Q 20/22

US Classification:

705 43, 705 45

Abstract:

Apparatus and methods for distributed processing of a check image are provided. A payee may submit a request to deposit a negotiable instrument. The request may be received at a first financial institution. The negotiable instrument may be a check. A transaction record may be generated at the time of the request. The transaction record may be based on information handwritten or printed on the negotiable instrument. The transaction record may be transmitted to a second financial institution. The second financial institution may conduct a fraud analysis based on the transaction record. The second financial institution may transmit a fraud indicator to the first financial institution. Based on the fraud indicator, the first institution may accept or deny the request of the payee. Apparatus and methods may distribute computing resources associated with detection of fraudulent negotiable instrument. The resources may be distributed among the first and second financial institutions.