Patents Assigned to Secured Transactions
  • Financial instrument verification and method of production
    Patent number: 4958066
    Abstract: A transactional instrument and method of producing the same is disclosed wherein a check can have a matrix array of subjectively coded symbols that are obscured from view, and which can be exposed in a particular manner for comparison with a dedicated ascertainable code to verify the transaction. Both the code and the addresses to the matrix array can be randomly generated, and removable opaque material can be used to obscure the coded symbols.
    Type: Grant
    Filed: August 19, 1988
    Date of Patent: September 18, 1990
    Assignee: Secured Transactions
    Inventor: Virgle L. Hedgcoth