Patents by Inventor David Todd Frew
David Todd Frew has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Patent number: 9064248Abstract: Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) displaying a grid on a display associated with a remote capture device, where the remote capture device is configured to capture an image that shows multiple deposit items, and where the grid comprises a plurality of grid portions; and (b) prompting a user of the remote capture device to arrange the multiple deposit items, or to position or operate the remote capture device, such that each of the deposit items in the multiple deposit items appears in a single grid portion of the display before the image is captured.Type: GrantFiled: July 29, 2010Date of Patent: June 23, 2015Assignee: BANK OF AMERICA CORPORATIONInventors: Lowell Robert Huff, Zhongmin Agarwal, David Todd Frew
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Patent number: 8639016Abstract: Embodiments of the invention provide for mobile communication-based verification of the validity of negotiable checks. By verifying the validity of checks on a mobile communication device, the systems and methods provide for on-the-fly check verification regardless of where and/or at what time the check-related transaction occurs. The systems and methods validate the check in terms of insuring that the check is not fraudulent and, in some instances, providing certainty to the payee that the requisite funds currently exist in the related checking account. Additionally, the systems and methods provide for an efficient and readily identifiable means of conveying the outcome of the check verification process.Type: GrantFiled: January 11, 2011Date of Patent: January 28, 2014Assignee: Bank of America CorporationInventor: David Todd Frew
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Patent number: 8606705Abstract: Systems, methods, and computer program products are provided for managing the processing of a financial payment and, more specifically managing the processing of a financial payment in a comprehensive payment hub environment that provides for payment processing, including payment route determination, irrespective of the payment input channel. In accordance with embodiments herein disclosed, managing the processing of the payment includes automatically determining the payment processes and automatically determining the arrangement of the payment processes. As such, the methods, systems, and computer program products herein described provide for an efficient and cost-effective approach to processing payments.Type: GrantFiled: April 30, 2009Date of Patent: December 10, 2013Assignee: Bank of America CorporationInventors: Mark D. Zanzot, Garrett C. Briggs, Eric Dryer, Anthony B. Calderone, William Earl Thomas, II, Philip Tobin, David Todd Frew, Kerry Cantley
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Patent number: 8606706Abstract: Systems, methods, and computer program products are provided for conducting comprehensive payment processing of all payment requests regardless of the payment request channel. Payment requests are transformed from the initial format to a standardized format, which allows for the occurrence of further comprehensive payment processing, referred to herein as payment hub processing. Once the payment request has undergone necessary payment hub processing, the request undergoes further transformation/conversion from the standardized format to a target clearing format. In one embodiment of the invention, the processing hub provides for determining the clearing or remittance channel based on payment routing rules, which may take into account cost, time, risk and any other payment factors.Type: GrantFiled: April 30, 2009Date of Patent: December 10, 2013Assignee: Bank of America CorporationInventors: Mark D. Zanzot, Garrett C. Briggs, Eric Dryer, Anthony B. Calderone, William Earl Thomas, II, Philip Tobin, David Todd Frew, Kerry Cantley
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Patent number: 8600789Abstract: An offending item detection system is provided for analyzing and processing documents received at one or more capture sites. A physical document may be electronically captured at a capture site and subsequently transmitted to a regional or central processing system. The processing system may then analyze the captured documents to identify and flag suspected offending items such as duplicates. Suspected offending items may be removed from a processing stream and replaced by a substitute transaction to keep the financial system in balance and to reduce potential for processing backlog. In the meantime, the suspected offending item may be analyzed. If the item is a false positive, the substitute transaction may be canceled and the financial document reinserted into the processing stream. If the suspected item is a true offending item, the substitute transaction may be replaced by or converted into another transaction funded by a general suspense account.Type: GrantFiled: January 30, 2009Date of Patent: December 3, 2013Assignee: Bank of America CorporationInventors: David Todd Frew, Gregory Clarence Brown, Melinda Karen Petty, George Miller Abernethy, Leslie Marie Doby, Pamela Rowland, Zhongmin Agarwal
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Patent number: 8473412Abstract: Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) receiving an image that shows multiple deposit items, where the image was captured by a remote capture device; (b) identifying, based at least partially on the image, deposit item information associated with the multiple deposit items; and/or (c) crediting an account based at least partially on the deposit item information.Type: GrantFiled: July 29, 2010Date of Patent: June 25, 2013Assignee: Bank of America CorporationInventors: Lowell Robert Huff, Zhongmin Agarwal, David Todd Frew
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Patent number: 8380626Abstract: Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) receiving an image that shows multiple deposit items, where the image was captured by a remote capture device; (b) determining that a first portion of the image is satisfactory for identifying deposit item information therein; (c) determining that a second portion of the image is unsatisfactory for identifying deposit item information therein; and (d) performing a function based at least partially on the determining that the second portion of the image is unsatisfactory for identifying deposit item information therein. In some embodiments, the function includes enhancing the second portion of the image. In other embodiments, the function includes prompting a user of the remote capture device to capture a second image to replace the second portion of the image.Type: GrantFiled: July 29, 2010Date of Patent: February 19, 2013Assignee: Bank of America CorporationInventors: Lowell Robert Huff, Zhongmin Agarwal, David Todd Frew
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Publication number: 20120177281Abstract: Embodiments of the invention provide for mobile communication-based verification of the validity of negotiable checks. By verifying the validity of checks on a mobile communication device, the systems and methods provide for on-the-fly check verification regardless of where and/or at what time the check-related transaction occurs. The systems and methods validate the check in terms of insuring that the check is not fraudulent and, in some instances, providing certainty to the payee that the requisite funds currently exist in the related checking account. Additionally, the systems and methods provide for an efficient and readily identifiable means of conveying the outcome of the check verification process.Type: ApplicationFiled: January 11, 2011Publication date: July 12, 2012Applicant: BANK OF AMERICA CORPORATIONInventor: David Todd Frew
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Publication number: 20120030118Abstract: Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) displaying a grid on a display associated with a remote capture device, where the remote capture device is configured to capture an image that shows multiple deposit items, and where the grid comprises a plurality of grid portions; and (b) prompting a user of the remote capture device to arrange the multiple deposit items, or to position or operate the remote capture device, such that each of the deposit items in the multiple deposit items appears in a single grid portion of the display before the image is captured.Type: ApplicationFiled: July 29, 2010Publication date: February 2, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Lowell Robert Huff, Zhongmin Agarwal, David Todd Frew
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Publication number: 20120030117Abstract: Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) receiving an image that shows multiple deposit items, where the image was captured by a remote capture device; (b) identifying, based at least partially on the image, deposit item information associated with the multiple deposit items; and/or (c) crediting an account based at least partially on the deposit item information.Type: ApplicationFiled: July 29, 2010Publication date: February 2, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Lowell Robert Huff, Zhongmin Agarwal, David Todd Frew
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Publication number: 20120030104Abstract: Embodiments of the present invention relate to methods and apparatuses for processing an image that shows multiple deposit items, where the image was captured by a remote capture device. For example, some embodiments provide a method that includes: (a) receiving an image that shows multiple deposit items, where the image was captured by a remote capture device; (b) determining that a first portion of the image is satisfactory for identifying deposit item information therein; (c) determining that a second portion of the image is unsatisfactory for identifying deposit item information therein; and (d) performing a function based at least partially on the determining that the second portion of the image is unsatisfactory for identifying deposit item information therein. In some embodiments, the function includes enhancing the second portion of the image. In other embodiments, the function includes prompting a user of the remote capture device to capture a second image to replace the second portion of the image.Type: ApplicationFiled: July 29, 2010Publication date: February 2, 2012Applicant: BANK OF AMERICA CORPORATIONInventors: Lowell Robert Huff, Zhongmin Agarwal, David Todd Frew
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Patent number: 8104673Abstract: Method and system for processing image returns. Embodiments of the invention provide for automating data flow and reporting processes connected with administrate image returns to a financial institution with multiple image processing sites. A computer-implemented method of processing a cash letter file identifying returned items includes obtaining an identifier for a processing site for each item identified in the cash letter file. A separate report corresponding to each processing site as indicated by the identifier is assembled. The report lists each returned item for the processing site. Each separate report is forwarded to each processing site to enable the processing site to re-process just the returned items specific to the processing site. Provision is also made for automatically updated stored ledger information based on a cash letter settlement table.Type: GrantFiled: June 28, 2006Date of Patent: January 31, 2012Assignee: Bank of America CorporationInventors: Kerry Michelle Cantley, David Todd Frew, Kelly Scot Hall, William R. Gollnick, Scott Samuel Murray, Jeffrey R. Woodside
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Publication number: 20100211499Abstract: Systems, methods, and computer program products are provided for optimizing routing of financial payments by determining routing on a per-payment transaction basis based on one or more routing rules. The routing rules take into account payment factors such as, but not limited to, cost of payment processing, time for payment processing, risk/quality of payment processing, remittance requirements and/or the destination of the payment. From the payor or payee perspective, payor-defined or payee-defined payment attributes associated with these or other payment factors can be predefined in a payor/payee profile or dynamically defined proximate to the time at which the payment request is initiated. In this regard, present embodiments serve to create a payment process that is beneficial, in terms of cost, timeliness, quality and the like, to both the payor, the payee and financial institution handling payment processing.Type: ApplicationFiled: February 13, 2009Publication date: August 19, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Mark D. Zanzot, Garrett C. Briggs, Eric Dryer, Anthony B. Calderone, William Earl Thomas, II, Philip Tobin, David Todd Frew, Kerry Cantley
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Publication number: 20100211422Abstract: Systems, methods, and computer program products are provided for conducting comprehensive payment processing of all payment requests regardless of the payment request channel. Payment requests are transformed from the initial format to a standardized format, which allows for the occurrence of further comprehensive payment processing, referred to herein as payment hub processing. Once the payment request has undergone necessary payment hub processing, the request undergoes further transformation/conversion from the standardized format to a target clearing format. In one embodiment of the invention, the processing hub provides for determining the clearing or remittance channel based on payment routing rules, which may take into account cost, time, risk and any other payment factors.Type: ApplicationFiled: April 30, 2009Publication date: August 19, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Mark D. Zanzot, Garrett C. Briggs, Eric Dryer, Anthony B. Calderone, William Earl Thomas, II, Philip Tobin, David Todd Frew, Kerry Cantley
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Publication number: 20100211483Abstract: Systems, methods, and computer program products are provided for managing the processing of a financial payment and, more specifically managing the processing of a financial payment in a comprehensive payment hub environment that provides for payment processing, including payment route determination, irrespective of the payment input channel. In accordance with embodiments herein disclosed, managing the processing of the payment includes automatically determining the payment processes and automatically determining the arrangement of the payment processes. As such, the methods, systems, and computer program products herein described provide for an efficient and cost-effective approach to processing payments.Type: ApplicationFiled: April 30, 2009Publication date: August 19, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Mark D. Zanzot, Garrett C. Briggs, Eric Dryer, Anthony B. Calderone, William Earl Thomas, II, Philip Tobin, David Todd Frew, Kerry Cantley
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Publication number: 20100211495Abstract: Systems, methods, and computer program products are provided for improving foreign currency exchange processing of financial payment requests and, more specifically improving the bid/ask spread in foreign currency exchange so as to increase the profitability realized by the financial institution processing the payment. In accordance with embodiments herein disclosed, international financial payment requests are pooled together based on currency type and payment time requirements to provide for better exchange rates.Type: ApplicationFiled: May 1, 2009Publication date: August 19, 2010Applicant: BANK OF AMERICA CORPORATIONInventors: Mark D. Zanzot, Garrett C. Briggs, Eric Dryer, Anthony B. Calderone, William Earl Thomas, II, Philip Tobin, David Todd Frew, Kerry Cantley
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Patent number: 7630518Abstract: An image processing system requires that both a data file and an image file are received before the item is sent to a posting system. When a data file including an image is received, the system determines if the image was properly and timely received. If the file was properly received, the file is interpreted to ascertain whether the image has been previously tested and passed image quality analysis or if it requires testing by the receiving institution. If testing is required the image is sent through image quality analysis (IQA) to determine if the image meets an acceptable quality standard. If the image passes IQA, it is passed to the institution's posting process. If the image does not pass IQA and the failure is not overridden, the item is returned to the presenting institution. The system prevents the posting of the transaction and corresponding image until a quality image is received and approved.Type: GrantFiled: August 4, 2005Date of Patent: December 8, 2009Assignee: Bank of America CorporationInventors: David Todd Frew, Matthew A. Calman, Mark David Felse, Kerry Cantley
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Publication number: 20080000962Abstract: Method and system for processing image returns. Embodiments of the invention provide for automating data flow and reporting processes connected with administrate image returns to a financial institution with multiple image processing sites. A computer-implemented method of processing a cash letter file identifying returned items includes obtaining an identifier for a processing site for each item identified in the cash letter file. A separate report corresponding to each processing site as indicated by the identifier is assembled. The report lists each returned item for the processing site. Each separate report is forwarded to each processing site to enable the processing site to re-process just the returned items specific to the processing site. Provision is also made for automatically updated stored ledger information based on a cash letter settlement table.Type: ApplicationFiled: June 28, 2006Publication date: January 3, 2008Inventors: Kerry Michelle Cantley, David Todd Frew, Kelly Scot Hall, William R. Gollnick, Scott Samuel Murray, Jeffrey R. Woodside