System and method for check fraud detection using signature validation
Systems and methods are provided for validating the authenticity of a signature on a document by providing a document from an account, the document including an actual signature and a machine-readable identifier, wherein the machine-readable identifier contains a string of data representing the integral characteristics of all valid account signatures and a person-specific confidence threshold. When the document is presented at a point of presentment, the document is scanned into a document-processing machine and the actual signature is compared against all valid account signatures.
1. A method of validating the authenticity of a signature on a document, the method comprising the steps of:
creating a fingerprint comprising machine-readable data corresponding to authorized account signatures, the fingerprint comprising a skeletonized version of account signature data, wherein the fingerprint consists of between 100 and 500 bytes of information;
providing a document from an account, the document including an actual signature and a fingerprint;
presenting the document at a point of presentment;
scanning the document, including the actual signature and the fingerprint, into a document-processing machine; and
comparing the actual signature against the account signature data in the fingerprint;
wherein the skeletonized version of account signature data is one-dimensional.
2. The method of claim 1 , wherein the step of creating the fingerprint includes the step of printing the fingerprint onto the document as part of a two-dimensional machine-readable identifier.
3. The method of claim 2 , wherein the machine-readable identifier comprises a barcode.
4. The method of claim 1 , wherein the document-processing machine comprises a point of sale scanner.
5. The method of claim 1 , wherein the step of comparing the actual signature against the account signature data in the fingerprint is performed using the document processing machine.
6. The method of claim 5 , wherein signature validation software is installed on the document-processing machine for performing the comparison.
7. The method of claim 1 , wherein the fingerprint represents integral characteristics of all valid account signatures.
8. The method of claim 1 , wherein the fingerprint identifies a person-specific confidence threshold for each account user.
9. The method of claim 1 , further comprising the step of outputting a confidence value that indicates a degree of similarity between the actual signature and the corresponding account signature data in the fingerprint.
10. The method of claim 9 , further comprising the step of determining that the actual signature is authentic if the confidence value is above a predetermined threshold.
11. The method of claim 9 , further comprising the step of determining that the actual signature is potentially fraudulent if the confidence value is below a predetermined threshold.
12. The method of claim 11 , further comprising the step of displaying an alert if the signature is deemed potentially fraudulent.
13. The method of claim 1 , wherein the document is a check.
14. A method of encoding a document with account signature data for signature validation, the method comprising the steps of,
compressing the account signature data into a fingerprint comprising machine readable data corresponding to one or more account signatures, the fingerprint comprising a skeletonized version of account signature data, wherein the fingerprint consists of between 100 and 500 bytes of data;
encoding the fingerprint into a barcode; and
printing the barcode on the document;
wherein the skeletonized version of account signature data is one-dimensional.
15. The method of claim 14 , wherein the fingerprint represents integral characteristics of all valid account signatures.
16. The method of claim 14 , wherein the fingerprint identifies a person specific confidence threshold for each account user.
17. The method of claim 14 , wherein the document is a check.