Systems and methods for remote deposit of checks
Remote deposit of checks can be facilitated by a financial institution. A customer's general purpose computer and image capture device may be leveraged to capture an image of a check and deliver the image to financial institution electronics. Additional data for the transaction may be collected as necessary. The transaction can be automatically accomplished utilizing the images and data thus acquired.
1. A system comprising:
a memory; and
a processor in communication with the memory, the processor configured to:
receive an image of a check captured by an image capture device coupled to a remote user device, wherein the image of the check is in a first electronic data format;
perform optical character recognition in real-time on the image of the check to determine information about the check, including optical character recognition of a Magnetic Ink Character Recognition (MICR) line in the image of the check;
generate a supplemental image of the check in a second electronic data format from the image of the check in the first electronic data format, wherein an image quality of the check in the first electronic data format is a higher image quality than an image quality of the check in the second electronic data format and the second electronic data format is configured for an electronic bank-to-bank image transfer;
validate the determined information about the check;
deposit the check into a customer account based on the determined information from the image of the check and based on the supplemental image of the check; and
after validating the determined information, transmit a confirmation message indicating that the customer account has been credited in an amount corresponding to the determined information obtained by the optical character recognition performed on the image of the check;
wherein the image of the check is received over a secure connection and data communicated over the secure connection is at least one of inaccessible or indecipherable by an unauthorized third party.
2. The system of claim 1 , wherein the processor is further configured to:
perform an initial duplicate detection procedure based on the determined information about the check before the confirmation message is transmitted over the secure connection; and
perform a complete duplicate detection procedure after the confirmation message is transmitted.
3. The system of claim 2 , wherein:
the determined information includes MICR line information; and
in performing the initial duplicate detection procedure, the processor is further configured to analyze the MICR line information to determine whether the MICR line of the check comprises a money amount.
4. The system of claim 3 , wherein in performing the initial duplicate detection procedure, the processor is further configured to:
in response to a determination that the MICR line comprises a money amount, provisionally detect a duplicate deposit of the check.
5. The system of claim 3 , wherein:
the determined information includes MICR line information; and
in performing the initial duplicate detection procedure, the processor is further configured to analyze the MICR line information to determine whether a predetermined character is included in a predetermined position of the MICR line of the check.
6. The system of claim 5 , wherein in performing the initial duplicate detection procedure the processor is further configured to:
in response to a determination that the predetermined character is included in the predetermined position of the MICR line, provisionally detect a duplicate deposit of the check.
7. The system of claim 6 , wherein:
in performing the initial duplicate detection procedure, the processor is further configured to compare the MICR information with respective MICR information of each check deposited into the customer account within a predetermined time period.
8. A method comprising:
receiving, with a processor, an image of a check captured by an image capture device coupled to a remote user device, wherein the image of the check is in a first electronic data format;
performing, with the processor, optical character recognition in real time on the image of the check to determine information about the check, including optical character recognition of a Magnetic Ink Character Recognition (MICR) line in the image of the check;
generating, with the processor, a supplemental image of the check in a second electronic data format from the image of the check in the first electronic data format, wherein an image quality of the check in the first electronic data format is a higher image quality than an image quality of the check in the second electronic data format and the second electronic data format is configured for an electronic bank-to-bank image transfer;
validating, with the processor, the determined information about the check;
depositing, with the processor, the check into a customer account based on the determined information from the image of the check and based on the supplemental image of the check; and
after validating the determined information about the check, transmitting, with the processor, a confirmation message over the secure connection indicating that the customer account has been credited in an amount corresponding to the determined information obtained by performing optical character recognition on the image the check;
wherein the image of the check is received over a secure connection and data communicated over the secure connection is at least one of inaccessible or indecipherable by an unauthorized third party.
9. The method of claim 8 , further comprising:
performing an initial duplicate detection procedure based on the determined information about the check before the confirmation message is transmitted; and
performing a complete duplicate detection procedure after the confirmation message is transmitted.
10. The method of claim 9 , wherein:
the determined information includes MICR line information; and
the performing of the initial duplicate detection procedure further comprises analyzing the MICR line information to determine whether the MICR line of the check comprises a money amount.
11. The method of claim 10 , wherein the performing of the initial duplicate detection procedure further comprises:
in response to a determination that the MICR line comprises a money amount, provisionally detecting a duplicate deposit of the check.
12. The method of claim 9 , wherein:
the determined information includes MICR line information; and
the performing of the initial duplicate detection procedure further comprises analyzing the MICR line information to determine whether a predetermined character is included in a predetermined position of the MICR line of the check.
13. The method of claim 12 , wherein the performing of the initial duplicate detection procedure further comprises:
in response to a determination that the predetermined character is included in the predetermined position of the MICR line, provisionally detecting a duplicate deposit of the check.
14. The method of claim 13 , wherein:
performing the initial duplicate detection procedure further comprises comparing the MICR information associated with the MICR line with respective MICR information of each check deposited into the customer account within a predetermined time period.