Patent ID: 8745073
Filing Date: 2014-06-03
Classification: G06Q

Abstract:
1. A computer-implemented method comprising: collecting, by a computing device processor, a plurality of outgoing return files in any file format, each outgoing return file representing a check; determining a file format for each of the plurality of outgoing return files, wherein determining the file format for each of the plurality of outgoing return files includes automatically determining the file format based on a channel the file format was collected, wherein determining the file format further comprises reviewing image and data associated with the outgoing return files and determining that the file format is unusable for a platform for processing the outgoing return files; converting the outgoing return files, based on the determining of the file format for each of the outgoing return files, to a predetermined image file format corresponding to a file format of the platform for processing outgoing returns image files in the predetermined image file format, wherein the converting of the outgoing return files includes loading the outgoing return files and automatically converting the file format to the predetermined image file format by a computer device processor; organizing, by a computing device processor, the plurality of outgoing return files by endpoint destination, where the endpoint destination comprises one of a bank or Federal Reserve; matching, by a computing device processor, the organized outgoing return files together by endpoint destination, wherein the endpoint destination is determined based at least in part on an image and data from the converted data file, wherein matching the organized outgoing return files further comprises creating an outgoing cash letter that include all of the organized outgoing return files for each of the endpoint destinations; and distributing, by a computing device processor, the plurality of outgoing return files on predetermined schedules to the endpoint destinations, wherein settlement of outgoing return files to the endpoint destination is based at least in part on one or more of; where the predetermined schedules are endpoint destination-dependent such that a first predetermined schedule for a first endpoint destination differs from a second predetermined schedule for a second endpoint destination.