Patent ID: 7571848
Filing Date: 2009-08-11
Classification: G06Q

Abstract:
1. A system for decentralized batch processing of paper checking documents at a remote client location to enable direct routing of checking document information, in a format compliant with the Check Clearing for the 21 st Century Act (Check 21), to a Federal Reserve bank, bypassing Bank of First Deposit operations, the system comprising: a first subsystem configured for receiving electronically transmitted digital data files created from said paper checking documents, the first subsystem including a rules engine capable of automatically determining, without any human intervention, whether individual checking documents represented by said digital data files are properly formatted for processing in accordance with Check 21 standards to enable direct transmission of said digital data files to said Federal Reserve Bank; and a second subsystem at said client location, in secure communication with said first subsystem, configured for receiving checking document data, converting the checking document data into a format in conformance with Check 21 processing requirements, and securely transmitting said formatted data to said first subsystem for direct routing to said Federal Reserve bank.