Patent ID: 7337953
Filing Date: 2008-03-04
Classification: G06Q,H04L

Abstract:
1. A method for authenticating a negotiable instrument, the method comprising: at an authentication system, receiving a plurality of data values associated with the negotiable instrument, the plurality of data values including an image security feature and at least one of a payee name, a payee amount and an account, where in the image security feature includes at least one encoded verification value which corresponds to at least one of the payee name, the payee amount and the account; obtaining account decoding information from an account verification database, the account verification database including decoding information for each of a plurality of financial institutions; decoding, at the authentication system, the image security feature using the account decoding information; extracting, at the authentication system, at least one of the verification values from the decoded image security feature; comparing, at the authentication system, each of the extracted verification values to at least one of the payee name, the payee amount and the account; and transmitting, from the authentication system, a result communication indicating a result of the comparison.