Patent ID: 8240554

Claim:
A method for processing financial instruments in order to detect the presence of duplicate instruments comprising: receiving discrete items of identifying information, each of said items of identifying information relating to data scanned from each of a plurality of financial instruments; grouping said items into cycles and appending discrete cycle and time dependent information to each of said items to form coded items; storing each of said coded items in a database; comparing said stored, coded items to each other to find items having duplicate identifying information; applying a rules engine to said coded items and removing ones of said financial instruments having no scanned data, and if scanned data exists, meeting a rule stored in said rules engine; viewing on a graphical user interface the attributes of each of said financial instruments not removed by said rules engine and marking said financial instruments not removed by said rules engine having duplicate identifying information for subsequent deletion; and creating a report listing all said financial instruments not removed by said rules engine having duplicate identifying information.