Abstract: A negotiable instrument payee authentication and identification method in which payee identification information is printed onto the negotiable instrument and maintained in a computerized database. When the payee presents the negotiable instrument for cashing, the identification information contained within the database is recalled and compared to the identification information contained on the printed negotiable instrument to ensure conformity.

Abstract: A subsystem and method, employed within an electronic check presentment (“ECP”) system and executable on a computer system having volatile and nonvolatile memory and a processor coupled thereto. The subsystem and method establish and maintain a datastore for processing items within the ECP system.

Abstract: For use in a electronic presentment process wherein electronic items are transmitted from a presenting financial institution ("FI") through intermediaries to payor FIs, a system for, and method of, clearing electronic items drawn on the payor FIs and received by the presenting FI for payment and a financial infrastructure employing the system or the method. The method includes the steps of: (1) sorting the electronic items into pockets corresponding to the intermediaries, electronic items destined for multiple of the payor FIs through a particular intermediary being commingled in a single pocket and (2) electronically transmitting the pockets from the presenting FI to the particular intermediary, the particular intermediary capable of further sorting the electronic items thereby to allow multi-staged sorting of the electronic items as the electronic items proceed through the electronic presentment process.

Abstract: An electronic system and method for providing advance notification of a potential return that may occur when a presenting financial institution ("FI") eventually presents an item for payment to a paying FI in a subsequent paper-based presentment process.

Abstract: Disclosed are an improved electronic check presentment ("ECP") system having a non-ECP exceptions notification system incorporated therein and a method of electronically communicating data pertaining to non-ECP exceptions.

Abstract: Disclosed are an improved electronic check presentment ("ECP") system having a non-ECP exceptions notification system incorporated therein and a method of electronically communicating data pertaining to non-ECP exceptions.

Abstract: A reconciling circuit for, and method of, reconciling a first database with a second database, the first database containing first item data arranged in records and fields, the second database containing second item data arranged in records and fields. The reconciling circuit includes: (1) a matching circuit for comparing the records of the first database with the records of the second database, the matching circuit placing a designation on mismatching ones of the records of the first and second databases, (2) at least one field mismatch tolerance rule indicating, by field, an allowed extent of mismatch and (3) a mismatch tolerance circuit for applying the at least one field mismatch tolerance rule to the fields of the mismatching ones, the mismatch tolerance circuit removing the designation when the fields of the mismatching ones fall within the mismatch tolerance rules.

Abstract: An Improved Electronic Check Presentment System Having a Return Item Notification System Incorporated Therein provides banks with a fully automated capability to receive early notification of checks that it previously presented to a payor bank and that have subsequently been identified by the payor bank as return checks or unpaid items. Moreover, the Improved Electronic Check Presentment System allows those banks utilizing it to transmit return notifications to downstream correspondent banks and customers.

Abstract: An Improved Electronic Check Presentment System Having a Return Item Notification System Incorporated Therein provides banks with a fully automated capability to receive early notification of checks that it previously presented to a payor bank and that have subsequently been identified by the payor bank as return checks or unpaid items. Moreover, the Improved Electronic Check Presentment System allows those banks utilizing it to transmit return notifications to downstream correspondent banks and customers.

Abstract: There are disclosed herein methods and systems for affecting the accounting functions of debiting and crediting a bank's account records, a payer's bank account records and a corporation's accounts receivable records with their customer's payments, and are based upon the combination of data from two or more sources to prepare an integrated document comprising an invoice (bill) and a negotiable instrument, usually a bank check. These documents form an integrated document and contain all necessary pre-printed machine readable data and are combined to effect a variety of multi-function transactions. By combining all of the required data elements in a single document at the time of initial preparation of the integrated document, including an accounts receivable invoice and the payer's check, the requirement for subsequent redundant, labor intensive processes are eliminated.

Abstract: There are disclosed herein methods and systems for affecting the accounting functions of debiting and crediting a bank's accound records, a payor's bank account records and a corporations's accounts receivable or balance forward records with their customer's payments, and are based on the ability of a payment coupon with appropriate payor's authorization and necessary pre-printed machine readable data to create a variety of multi-function transactions. By combining all of the required data elements in a single payment coupon document at either the time of preparation or at the time of receipt of the payment coupon by the corporation, the requirement for subsequent redundant, labor intensive processes are eliminated.

Abstract: There are disclosed herein methods and systems for affecting the accounting functions of debiting and crediting a bank's account records, a payer's bank account records and a corporation's accounts receivable records with their customers's payments, and are based upon the combination of data from two or more sources to prepare an integrated document comprising an invoice (bill) and a negotiable instrument, usually a bank check. These documents form an integrated document and contain all necessary pre-printed machine readable data and are combined to effect a variety of multi-function transactions. By combining all of the required data elements in a single document at the time of initial preparation of the integrated document, including an accounts receivable invoice and the payer's check, the requirement for subsequent redundant, labor intensive processes are eliminated.