Patent ID: 9721236
Date: 2017-08-01
CPC Classifications: G06Q

Claim:
1. A distributed system for processing of checks the system comprising: a plurality of automated teller machines (“ATMs”) located in different geographic locations and operated by a depositary bank, each of the ATMs configured to communicate over a first electronic network connecting the ATMs to the depositary bank, each of the ATMs comprising: a document acceptor configured to draw a check deposited by a payee into an ATM during an ATM' session initiated by the payee; a scanner configured to capture a digital image of the cheek drawn into the ATM; a first processor device programmed to: construct an electronic transaction record based on the digital image, the electronic transaction record having a smaller file size than the digital image; and identify a drawee bank associated with the check; a network adapter that is configured to transmit the electronic transaction record to the drawee bank; a distributed fraud-detection apparatus operated by the drawee bank that communicates over a second electronic network with the drawee bank, the distributed fraud detection comprising a second processor device programmed to derive a fraud indicator for each electronic transaction record transmitted by each of the ATMs operated by the depositary bank; an electronic financial network linking each of the ATMs operated by the depositary bank and the distributed fraud-detection apparatus operated by the drawee bank, the network configured to route: