Patent ID: 9501908
Filing Date: 2016-11-22
CPC Classification: G06K,G06Q,G07F

Claim Text:
1. A system for processing and tracking merchant deposits, the apparatus comprising: one or more memory devices; one or more computer processing devices operatively coupled to the one or more memory devices; and one or more modules stored in the one or more memory devices, executable by the one or more computer processing devices, and configured to cause the one or more computer processing devices to: read visual indicia coupled with a deposit package received at a financial institution, wherein the visual indicia is created by a merchant and contains information about one or more deposit items that have been placed in the deposit package by the merchant, and wherein reading the visual indicia comprises receiving an electronic itemized list of the one or more deposit items that have been placed in the deposit package by the merchant; automatically determine contents of the deposit package by automatically receiving an indication of the contents from an electronic device; verify the contents of the deposit package in response to reading the visual indicia and automatically determining the contents of the deposit package after it has been received, and wherein the contents of the deposit package are verified by determining whether or not the contents of the deposit package match the electronic itemized list of the one or more deposit items that have been placed in the deposit package by the merchant; in response to determining the contents of the deposit package do not match the electronic itemized list of the one or more deposit items that have been placed in the deposit package by the merchant, alert the merchant and the financial institution of a deposit package error; and in response to receiving the alert, automatically track the deposit package based at least partially on the visual indicia and determine where the deposit package error originated.