Centralized processing of checks for distributed merchant locations
View Patent ↗According to one embodiment of the invention, a system can be provided to detect fraudulent activity occurring during check processing. Such fraudulent activity can be detected for example by monitoring the electronic check imaging process and performing checks on the data to determine anomalous occurrences that are indicative of fraudulent transactions.
1. A method of determining possible fraudulent checks, said method comprising:
receiving a check;
imaging said check to create a check image;
proofing said check image for a fraud indicative marking;
locating said fraud indicative marking;
flagging said check as a potential fraudulent check;
generating an output indicating said potential fraudulent check;
wherein said proofing said check image comprises proofing said check image for profanity;
wherein said proofing said check image comprises proofing said check for a fictional character name; and
wherein said proofing said check image comprises proofing said check for a name of a deceased individual.
2. The method as claimed in claim 1 and further comprising:
performing said imaging and proofing as part of a batch process.
3. The method as claimed in claim 1 wherein said proofing said check image comprises:
receiving optically read MICR information for said check;
receiving magnetically read MICR information for said check;
comparing said optically read MICR information to said magnetically read MICR information.
4. The method as claimed in claim 1 wherein said proofing said check image comprises:
receiving optically read date information for said check;
determining from the optically read date and the present date whether said check comprises a false date.
5. The method as claimed in claim 1 wherein said proofing said check image comprises:
receiving optically read name information for said check;
determining whether said name includes company information rather than the name of an individual.
6. The method as claimed in claim 1 wherein said proofing said check image comprises:
receiving optically read PAY TO THE ORDER OF information for said check;
determining whether said PAY TO THE ORDER OF information includes an indication of payment to CASH.
7. The method as claimed in claim 1 and further comprising:
performing said proofing as part of a batch process.
8. A method of processing checks, said method comprising:
imaging checks at a plurality of store locations so as to create check images of said checks;
submitting said check images from said plurality of stores to a centralized monitoring station;
determining at said centralized monitoring station from said check images at least one fraud indicating image from at least one of said plurality of stores, wherein said determining comprises proofing said check image for a fraud indicative marking; wherein said proofing said check image comprises proofing said check image for profanity; wherein said proofing said check image comprises proofing said check for a fictional character name; and wherein said proofing said check image comprises proofing said check for a name of a deceased individual;
generating an output indicating said at least one fraud indicating image.
9. The method as claimed in claim 8 and further comprising:
determining multiple fraud indicating images associated with a single cashier.
10. The method as claimed in claim 9 and further comprising:
determining that said fraud indicating images are associated with check amount overrides by said cashier.
11. The method as claimed in claim 8 wherein said determining at said centralized monitoring station comprises:
receiving optically read MICR information for one of said checks;
receiving magnetically read MICR information from said one of said checks;
comparing said optically read MICR information to said magnetically read MICR information.
12. The method as claimed in claim 8 wherein said determining at said centralized monitoring station comprises:
receiving optically read date information for one of said checks;
determining from the optically read date and the present date whether said one of said checks comprises a false date.
13. The method as claimed in claim 8 wherein said determining at said centralized monitoring station comprises:
receiving optically read name information for one of said checks;
determining whether said name includes company information rather than the name of an individual.
14. The method as claimed in claim 8 wherein said determining at said centralized monitoring station comprises:
receiving optically read PAY TO THE ORDER OF information for one of said checks;
determining whether said PAY TO THE ORDER OF information includes an indication of payment to CASH.