WO2017105297A2 - System and apparatus for security documents and bank cheque transaction system and methods - Google Patents

System and apparatus for security documents and bank cheque transaction system and methods Download PDF

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Publication number
WO2017105297A2
WO2017105297A2 PCT/SA2017/000003 SA2017000003W WO2017105297A2 WO 2017105297 A2 WO2017105297 A2 WO 2017105297A2 SA 2017000003 W SA2017000003 W SA 2017000003W WO 2017105297 A2 WO2017105297 A2 WO 2017105297A2
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WO
WIPO (PCT)
Prior art keywords
cheque
fingerprint
bank
account
data
Prior art date
Application number
PCT/SA2017/000003
Other languages
French (fr)
Other versions
WO2017105297A3 (en
Inventor
Adel Albazei
Original Assignee
Adel Albazei
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority to SA115370156 priority Critical
Priority to SA115370156A priority patent/SA115370156B1/en
Application filed by Adel Albazei filed Critical Adel Albazei
Publication of WO2017105297A2 publication Critical patent/WO2017105297A2/en
Publication of WO2017105297A3 publication Critical patent/WO2017105297A3/en

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Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING; COUNTING
    • G06QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/04Payment circuits
    • G06Q20/042Payment circuits characterized in that the payment protocol involves at least one cheque
    • GPHYSICS
    • G06COMPUTING; CALCULATING; COUNTING
    • G06QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/38Payment protocols; Details thereof
    • G06Q20/40Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401Transaction verification
    • G06Q20/4014Identity check for transactions
    • G06Q20/40145Biometric identity checks
    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07DHANDLING OF COINS OR VALUABLE PAPERS, e.g. TESTING, SORTING BY DENOMINATIONS, COUNTING, DISPENSING, CHANGING OR DEPOSITING
    • G07D7/00Testing specially adapted to determine the identity or genuineness of valuable papers or for segregating those which are unacceptable, e.g. banknotes that are alien to a currency
    • G07D7/003Testing specially adapted to determine the identity or genuineness of valuable papers or for segregating those which are unacceptable, e.g. banknotes that are alien to a currency using security elements
    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07DHANDLING OF COINS OR VALUABLE PAPERS, e.g. TESTING, SORTING BY DENOMINATIONS, COUNTING, DISPENSING, CHANGING OR DEPOSITING
    • G07D7/00Testing specially adapted to determine the identity or genuineness of valuable papers or for segregating those which are unacceptable, e.g. banknotes that are alien to a currency
    • G07D7/004Testing specially adapted to determine the identity or genuineness of valuable papers or for segregating those which are unacceptable, e.g. banknotes that are alien to a currency using digital security elements, e.g. information coded on a magnetic thread or strip
    • G07D7/0043Testing specially adapted to determine the identity or genuineness of valuable papers or for segregating those which are unacceptable, e.g. banknotes that are alien to a currency using digital security elements, e.g. information coded on a magnetic thread or strip using barcodes
    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07FCOIN-FREED OR LIKE APPARATUS
    • G07F7/00Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus
    • G07F7/08Mechanisms actuated by objects other than coins to free or to actuate vending, hiring, coin or paper currency dispensing or refunding apparatus by coded identity card or credit card or other personal identification means
    • G07F7/12Card verification
    • G07F7/127Card verification in which both online and offline card verification can take place

Abstract

This invention relates to a system for issuing a secured documents such as bank notes, Bank cheques, ID cards, passports, or the like, wherein the said system generates and processing an a secured bank cheque. In one embodiment, an apparatus generates a bank cheque containing a barcode by encrypting the details in the matrix barcode and the scan the document's holder fingerprint and stores the said information along with the fingerprint associated with the cheque in a central database and in a storage magnetic chip containing stored encoded data and fingerprint readable by a reader means to find out any unauthorized fingerprint to the cheque. The cheque data comprised the matrix barcode encrypting data include an identification of a cheque, account and bank details, The system when the beneficiary of the cheque presents the same to the related bank, the server reads the information in the matrix barcode in the e-cheque and the fingerprint stored in the storage chip using device for matching the information in the matrix barcode and the fingerprint stored in the bank's database. Furthermore, the system authorizes or rejects the based on whether the cheque is valid or need another fingerprint for co-owner of the account or not. Moreover, the server processes the transaction associated with the cheque if the cheque is valid.

Description

SYSTEM AND APPARATUS FOR SECURITY DOCUMENTS AND BANK CHEQUE TRANSACTION SYSTEM AND METHOD
Field of the Invention
This invention relates to a system, methods, and the related apparatus to issue documents of value, such as letter of credit, cheques, passports, Credit card, National ID cards or the like with increased fitness for circulation, to a security paper for producing them, and to a method for producing said security paper and such documents of value.
BACKGROUND OF THE INVENTION
Bank Cheque are usually made of so-called security papers comprising cotton fibers and having special security features. However, the security of the transaction of such cheque is still in question, wherein verifying the value of cheque, and the authentication of the signature, hand- written signatures can be easily forged, modified or forgotten by the Account's holder, and manu cheques were signed correctly by the holder, but rejected due to insufficient fund. Such fraud is not limited to checks, but can apply to other financial or legal actions, and other official documents or contractual agreements, such as birth certificates, travel passports, identity cards, and also such as legally binding documents, medical prescription slips, etc. The relevant technology provides a cheque processing device., the cheque processing device is provided with a curved channel ', one end of which is in communication with an inlet and the other end of which is in communication with an outlet. A reading magnetic mechanism, a printing mechanism and a scanning mechanism are orderly provided along the direction in which the cheque is conveyed within the curved channel. The problem with the cheque processing device is that the whole machine needs to be disassembled when the reading magnetic mechanism, the scanning mechanism and the printing mechanism provided along the curved channel are maintained. Therefore, there is a problem of inconvenient maintenance, and still the cheques need to be signed by the Account's holder.
WO2012082609 relates to a method, apparatus, and/or system for secure positive identification and authentication of an owner or executor of a content-document or instrument. The content-document or instrument can be in physical form or in electronic form, wherein, document or instrument authentication (confirming authenticity and genuineness of content-document) involves verifying the nature and source or owner of a document presented for acceptance. For, personal monetary transaction cheques are required to include a signature of the account holder or owner in order to be valid as presented. However, it is still need a traditional fingerprint, with ink, and the machines read the traditional fingerprints are not accurate enough for such purpose, wherein the traditional fingerprint can be easily reformatted. Further, the said document discloses a method including producing or fabrication a label (material compound or electromagnetic element) configured to capture a multi-dimensional fingerprint features or characteristics. The label includes a mold or material compound or electromagnetic element for capturing the multi-dimensional fingerprint features. The method further includes applying or embedding the label comprising the mold or material compound or electromagnetic element to a document requiring authentication or requiring confirmation of source or owner identity such that a multi-dimensional fingerprint placed in the mold positively identifies a source or owner of the content-document.
Electronic payment systems that use electronic cheques are well-known. In particular, the CyberCheck system, which uses secured cheque as a means of payment for goods and services has become commonplace. In this system, a check is only used for the execution of payment operations and is only generated after its signing by the users, which does not ensure the full scope of monetary fund circulation, considerably narrows settlement system capabilities and creates prerequisites for issuing uncovered checks.
Also familiar is the NetChex system, which is a electronic payment system. In this system, the customer's order to issue a check is only received in electronic form, and the check is to be sent to the supplier of services/goods in paper form, which also narrows settlement system capabilities and significantly complicates the check circulation process.
The use of Paymer digital checks for settlement purposes is also well-known. In the implementation of this system, information about checks upon their circulation is stored in documented form in hard copy, and the execution of transactions by means of checks between system users is possible both in electronic form and in hard copy. At that, checks are not referenced to a particular owner, whereby the problem of "joint possession" of a check arises. It is evident that this system does not permit excluding risks in
implementing electronic mutual settlements and does not ensure the transparency of all electronic check processing operations.
The existing banking payment transaction system revolves around a few methods such as online transfer for instant transfer of funds, making payment through banking instruments namely a cheque, demand draft, etc. In the case of banking instruments where the payment order is a deferred payment order, the preferred transaction mode is through a cheque where the payer's account is not debited until the cheque is presented to the drawing Bank.
Today, most of the account holders carry cheques and cheque books for making transactions. The existing system requires numerous pieces of paper to be passed from bank to customer, in blank, and then from customer to payee and then from payee to their own bank for processing through the inter-bank clearing system for subsequent proofing and payment. These steps are inefficient and resource intensive and value exchange can be better undertaken through more innovative methods.
Moreover, these existing cheque payment methods require the payer and the payee to exchange bank account details in order to facilitate the payment. Many consumers do not wish to reveal their bank account details, mostly due to the banks themselves advising them to keep their banking details confidential in order to avoid theft of secret identifier. This has resulted in consumers being reluctant to use the existing alternative bank payment services, as they require all the financial details to be shared.
Summary of the Invention
This invention provides an electronic issuing of bank checks, providing its participants with a high level of security and the possibility of obtaining a full, legally- valid documentary database on all transactions executed by the participants in the system. The technical result to be achieved by the invention involves creation of an electronic check as well as the security enhancement of mutual settlements with the use of secured checks ensured by both engineering means and methods of secured check record-keeping, verification of the authenticity of the checks and the authentication of system
participants, and by ensuring a full cycle of check circulation including methods of the issue and payment of checks and the execution of electronic check transfers.
For achievement of the aforementioned technical result, a system is used containing at least one server computer device for data-handling and storage, including a server application, and at least one client computer device for data-handling, including firmware client modules ensuring the possibility of connection of the client computer device to the server device over Internet network communication channels and digital scanner to scan the fingerprint, and a device for storing the fingerprint on the magnetic chip or print the finger print on the cheque, and print the barcode with the account details on the cheque. Further, the traditional or electronic settlement system for the cheque in question differs from the prototype in that the client and server applications contain at least
interconnected units of user authorization in the system being interconnected, a unit for the updating and synchronization of client and server application data, as well as a device to read the barcode and the fingerprint to match the fingerprint with the account details, - input unit for the execution of transfers and storage of information about client's account details related by firmware with units for verification of the parameters of check connected to the unit of authorization and verification of user parameters and a unit for the registration and execution of server-application check connected by feedback channels to units for electronic check management, check depositing, commissions, and the sending of notices to the user in real-time mode connected to a unit for the updating and synchronization of client-application data.
In doing so, the client application units are grouped into modules by categories corresponding to the user status determined by the authorization unit of the client and server applications, with provision of the possibility for pre-setting a group of check circulation parameters for each category.
In particular, the system provides three categories of users - the initial category with issuance of the check; the standard category - requiring the presentation of additional data on the participant and enabling the participant to present checks for payment to the bank and select a paying bank for its checks; and the extended category allowing the beneficiary of the cheque to deposit the cheque automatically.
The technical result is also achieved by the fact that methods are proposed for the issuance of the cheque, transfer and verification of checks with the use of the
aforementioned payment system.
The method for issuing a cheque electronically, including the stage of user-data input and its authorization in the system as well as the input of transfer data differs in that it allows check transfer in real-time mode in accordance with the limitations presented in the check record-keeping method and includes the following stages: authorization in the System; receipt of account data; input of check parameters; verification of the account holder's details; issuance of cheque with the barcode for the account details and the account holder's fingerprint; transactions including the presentation of checks for payment, the payment and issue of new checks; deposit the check into account or in system operation mode when transferring secured cheque of the standard user category via a dealer (broker) - to the Dealer's (Broker's) account; placing the electronic check in the Payee's account.
The method for the issue of checks provided by the invention only allows for the issuance of checks following the completion of mandatory stages by several user categories. The method of issue includes mandatory stages of the generation of a check-issue request by the issuer, as well as the bank's verification of money depositing in the issuer's settlement account (security for the issued check), conformity with request parameters and the bank's confirmation of electronic check issuance.
The method of depositing the secured check is also includes several stages and requires the obligatory participation of several user categories. The method includes the stages of the customer's sending the cheque to the bank for payment of the check; the bank's verification of the details specified in the cheque and the possibility of check payment; the bank make the verification of the check; and the implementation of check payment. Further, the said method is also applicable on the automatically depositing the cheque through the machines.
Brief Description of the Drawing
Fig. 1 Schematic diagram of the System, which uses methods relating to the invention. Fig. 2 Flow chart of the operating algorithm of the client unit for parameter input and the implementation of issuance of the secured cheque.
Fig. 3 Flow chart of the procedure for the completing the payment of check.
Fig. 4 is a structural diagram of a cheque processing device provided by the relevant technology
Fig. 5 illustrates the front side of the cheque which is integrated with a storage chip and the barcode.
Fig. 6 illustrates the front side of the cheque shows the place of scanned fingerprint and the barcode.
Detailed Description of the Embodiments
This invention is aimed at providing a secured check settlement system (a "System") between organizations and/or individuals in real-time mode. Technically, implementation of this System can involve at least one server computer device for data processing and storage, the server application comprising it and client computer devices for data processing with the client applications comprising them, which provide for interaction between the client computer devices and the server computer device. The interaction of client computer devices with the server is carried out using the Internet network over protected communication channels; and a device for scanning the fingerprint of the account's holder, and device for printing the barcode and storing the fingerprint on the chip or print the fingerprint along with the related barcode. The protection of
communication channels is provided by means of server and client applications with the use of encryption and electronic digital fingerprint algorithms.
The methods provided herein are expressed in the corresponding operating algorithms of the server and client computer devices. The conformity of the operation of the devices to the given algorithms is ensured by execution of the sequence of program instructions provided in the server and client applications. The architecture of the server device or set of devices shall be based on the use of one or several computers combined by a local area network and shall at least include the following modules: a database management system, a web server (module providing for interaction with client applications via the Internet), an application server (module implementing main application logic and ensuring interaction with the DBMS), and a module of online messages (providing instant information to users about events within the System). The System described above does not restrict any possible implementations of this invention.
The structure of the client and server application in the form of functional units is given in Fig. 1 In the System implementation under consideration, the client application has several operating modes, which are determined by the status of the user that has authorized in the System.
Participant categories
It is assumed that there are three main statuses of the System. In doing so, the Participants shall be users (legal entities or individuals), using the System database carrying out interaction with client secured computer devices. The Participant whereby it obtains the possibility of execution of certain algorithms in the System and acquires access to a certain volume of information available in the System.
The initial status is the Participant level, which is limited as to the set of possibilities within the System, wherein the system requests to verify the account holder's details, and request the fingerprint of the authorized person to issue the secured cheque. Standard status is the level designed for authorized Participants of the system, whether individuals or legal entities. In order to obtain this status, the Participant is obliged to provide additional information about itself and a number of documents for its confirmation. This status enables the Participant to present checks to the Bank for payment and select the paying bank for its checks.
Extended status is the level designed for the operation of the Issuer, Partner-Banks and Dealers (Brokers) of the System.
In order to ensure operability of the methods presented in the invention, the following Participants shall be obligatorily registered in the System:
Issuer - the organization on whose behalf the issue of secured checks is performed; Beneficiary - the second party that appears on the cheque as Beneficiary;
at least one Bank - in which the monetary funds serving as the security for issued checks are placed in the Issuer's settlement account, and the bank may be replaced by the automated banking system; An approximate diagram of a similar System is given in Fig. 1 .
As a result of the first stage of registration, the Issuer generates an electronic application, in which it shall specify the category (individual/legal person) and enter all of the information requested. For confirmation of the entered information, the Participant shall provide duly-secured cheque or documents. Only after successful completion of the document verification stage.
Secured cheques
The equivalent of monetary funds in the System is secured cheque, wherein the said cheque is a documentary form and contains the following obligatory details as shown in figures 5 and 6:
check number - unique identifier of the check;
description of the "check" included in the document text and expressed in the language of the country in which the document has been drawn up;
requirement to pay a certain amount (nominal value of the check);
name of the paying bank;
indication of payment currency;
indication of the date and place of check execution;
A Magnetic Chip to store the Issuer's fingerprint electronically
in other embodiment Issuer's (check drawer's) Finger print; and A barcode for the account details and the current transaction details.
Secured cheque are characterized by the following states:
The check is in circulation - a valid check is at the disposal of one of the system
Participants;
The check has been submitted for payment (to the paying bank);
The check has been submitted for payment via collection;
The check is secured against any fraud action, wherein no signature is required
The check has been paid.
A change in the state of the secured check or change in the check owner can occur as a result of certain operations such as check issue, check transfer, check submission for payment, check submission for payment via collection, check payment, or collection of payment. All check transactions shall be recorded on the back of check register and accompanied by the generation of legally-valid documents at the bank or at the automated banking system. the system enables the user to enter the required initial data for transferring the sequired check. This unit can provide various possibilities for entering transfer parameters: direct input of parameters (input of the payee's account, check amount receivable or check amount to be written off, purpose of payment), selection of the variants of parameters from the lists of possible values (selection from the list of the sender's private accounts, selection of the recipient's account number from the corresponding reference book), generation of transfer on the basis of the invoice received for placing the checks in an account or an application of a certain type (for example, application for the purchase of secured cheque). The latter variant is based on the use of information received in the course of execution of the unit for updating, synchronization of client and server application data and stored in the application by the method corresponding to the specific implementation of the System (in the random-access memory or read-only memory of the computer device). The method of input of transfer parameters can include automatic validation to be performed in the course of parameter input, whereby the user will immediately be notified of any errors. The method can include automatic calculation of the amount of commission to be collected for the transfer in the course of reception of transfer amount data by the application. The calculation of commission can be carried out by the module on the basis of the local data of the application (to be stored in the random- access memory or DB, downloaded, for example, at the stage of reception of account data) or on the basis of the commission rate, to be downloaded from the server by means of a separate request. This possibility can be used for implementation of more
complicated commission setup variants such as dependence of the commission rate upon the Participant's status in the group (in this case, in order to determine the commission, both data on the sender and data on the recipient of the transfer will be required), possibility of setup of the individual commission of the Participant, etc. After calculation of the commission, the module will notify the user about the sum of commission to be collected for the transfer and the sum to be written off (or sum receivable, depending upon the parameter filled in).
In implementing the system, the necessary data are retrieved from the system for indication of all check details, the execution for electronic check fingerprint
accomplished with the barcode is triggered (whereby check fingerprint on behalf of the Issuer is created by means of execution of the electronic digital algorithms), and a record on the new secured check will be created in the "Information about secured cheque" DB section.
In implementing the sequired check issue, the system cause the execution of the procedure for recording the check issue transaction registration of electronic check transactions in the Register. As the input parameters in cases where this procedure is triggered, the following data are transferred: number of the electronic check, number of the account to which the issued check will be referred to (Issuer's account), type of transaction ("check issue"). Within the framework of this procedure, a record shall be introduced into the "Electronic check register" DB section containing the following data: number, date, time of the transaction, value, currency, number of the issued check, type of transaction, number of the account to which the issued check will be referred, data on the balance in the given account. After successful recording of the transaction in the Check Register, the operation of the unit for electronic check issue will be terminated for the check for which unit execution has been triggered.
Further, the system will not allowed a cheque amount exceed the account balance, and the cheque amount shall automatically detected from the account balance, If the balance check exceed the account balance the system will automatically rejects the operation, and such operation shall stop the issuance of the bad cheque with no sufficient.
Method of electronic check issue
Below, the method is presented for secured check issue to be used in situations different from transactions involving the automatic exchange of secured cheque in the
implementation of transfers. This method is aimed at ensuring the safety of the process of the reception of new checks for circulation issued using real monetary funds received in the issuer's settlement account, for example, in purchasing checks by a dealer (broker), rather than using payment for other secured cheque.
The beginning of the process of sequred check issue is the launch of the client application by the user with the Issuer's account, in the course of which the client for authorization in the System is initialized, after which execution will be started for updating,
synchronization of client and server application data. Successful execution is an obligatory condition for transfer to the unit for data input and the sending of requests for the issue of secured cheque. For initialization of this unit, the Issuer shall select the corresponding section in the user interface of the client application.
The unit provides the user with the possibility of input of the required initial data for generating a request for the issue of an sequired check. This unit can provide various possibilities for entering the request parameters, e.g. direct input of parameters, selection of parameter variants from the lists of possible values (, generation of the request on the basis of the check purchase request received from the dealer (broker).
The obligatory parameters of the request to issue an secured check are the Issuer's details (registration number, description, etc.), nominal value, currency of the check being issued, paying bank, number of the Issuer's settlement account in which payment for the check will be placed, the beneficiary's cell phone number (name, INN, registration number, data on the purchase application, buyer's account for placing the check in an account). After the Issuer's correct completion of all required parameters of the request, the system unit will generate a request to issue a check in the form of a secured document certified with the Issuer's EHS. The unit will request the user to scan his finger print, and if there is a co-owner of the account, the system shall request the second fingerprint of the co-owner, the request to the server unit for the registration of applications, requests, invoices for placing checks in an account.
The unit executes the procedure for verification of the request to issue a check; execution of the server unit is triggered, in the course of which the necessary verifications are carried out for the matching of the recorded fingerprint. In case of successful fulfilment of all verifications, the request will be registered on the server. The records will be introduced into the DB in the "Information about applications, requests, accounts for placing checks in the account" section. The device then will start printing the cheque by printing the barcode and the fingerprint whether electronically by saving the same on the magnetic chip or print the fingerprint traditionally, message will be sent to the Recipient notifying the issuance of the secured cheque.
After receiving the cheque, the beneficiary may go to the Bank, and the bank verifies the correctness of the fingerprint and the same cheque whether matching the transaction details saved on the barcode.
Method of payment of secured cheque
Another embodiment of the invention the payee may got the amount cash by using the automated banking system, wherein the said automated banking system comprises a device reading the barcode and the fingerprint and send the data to the server, and in case of matching the data, and the authentication is completed the beneficiary can make any transaction with the secured cheque, whether transfer to obtain the cash.
Method of payment of secured cheque
Below, a method is presented for the payment of secured cheque to be used in situations where the check is submitted to the bank for the purposes of receiving real monetary funds according to the check in the bearer's settlement account. This method is aimed at ensuring the safety of the process of receiving payment according to the check, both on the part of the check bearer and on the part of the bank performing payment.
The beginning of the process of submission of the electronic check for payment shall be the user's launch of the client application, in the course of which the client unit for authorization in the System is initialized, after which execution of the unit will be launched for the updating and synchronization of client and server application data. The successful execution of the and units is an obligatory condition for transfer to the data for data input, sending the applications for the payment of secured cheque. The unit can be accessible to various user categories (for example, only to legal entities with a higher status in the System than initial).
Another method for the verification of secured cheque
The method for verification of the electronic check enables the Bank to receive confirmation of the authenticity of the check to be submitted for payment and shall be an obligatory stage preceding payment of the check.
The verification process begins when the Bank, having received the electronic check transfer to the specialized account with an indication of the data in the purpose of payment on the application for payment of the check, generates a Request for verification of payment of the submitted electronic check.
In the bank's selection of the "Request for verification" option, execution of the unit for data input and sending of requests for electronic check verification will be initiated. The unit will provide the bank with the possibility of automatic completion of the parameters of the request on the basis of the transfer received. The request for verification contains data on the electronic check as well as on the person that has submitted the check for payment.
The unit will certify the request completed in the form of an electronic document with the Bank's EHS and send it to the server unit for the registration of applications, requests, invoices for placing checks in an account.
The unit executes the procedure for verification of the parameters of the request for verification of the electronic check, which includes automatic verification of the electronic check details, in the course of which the check EHS is verified (the algorithm of verification of the electronic digital signature will be executed with the use of the Issuer's public key and record on the check in the DB, which guarantees the invariability of all details of the electronic check), as are the current state of the electronic check and the request sender's account (execution of the server unit is triggered),
the invention provides a cheque processing device, including: a base, a frame located at the top face of the base and forming a U-shaped paper passage, and multiple sets of conveying roller assemblies and multiple processing mechanisms provided along the U- shaped paper passage, wherein one end of the U-shaped paper passage is an inlet and the other end is an outlet, wherein the frame comprises a fixed frame body, and a first movable frame body and a second movable frame body which are on the outside of the fixed frame body and form the U-shaped paper passage together with the fixed frame body, the first movable frame body and the second movable frame body can both pivot on the base to open and close with respect to the fixed frame body, wherein all or some of the multiple sets of conveying roller assemblies and the multiple processing mechanisms are in an exposed state when the first movable frame body and the second movable frame body are opened with respect to the fixed frame body.
Further, the first movable frame body is L-shaped as a whole and extends along a first side and a second side of the fixed frame body, and the second movable frame body is I- shaped as a whole and extends along a third side of the fixed frame body, wherein the first side, the second side and the third side of the fixed frame body are connected end to end orderly and U-shaped. Further, a straight channel is formed between the second movable frame body and the fixed frame body, and an inlet of the straight channel is formed between the first movable frame body and the second movable frame body.
Further, the pivoting position of the first movable frame body is close to the inlet of the U-shaped paper passage, and the pivoting position of the second movable frame body is close to the inlet of the straight channel.
Further, a scanning mechanism is provided in the straight channel, and the scanning mechanism includes a first scanning module configured to scan an image on a first face of a cheque and a second scanning module configured to scan an image on a second face of the cheque.
Further, a reading magnetic mechanism and a printing mechanism are provided between the inlet of the U-shaped paper passage and the straight channel orderly.
Further, the processing mechanisms and the conveying roller assemblies located at the first side and/or the second side of the fixed frame body are all provided on the fixed frame body and/or the base.
Further, the cheque processing device further includes a paper pick-up mechanism provided at the inlet of the U-shaped paper passage, wherein the paper pick-up mechanism includes a paper-fetching roller, a movable platen, and an elastic element configured to bias the platen to the paper-fetching roller.
Further, the cheque processing device further includes a paper-separating mechanism located downstream of the paper pick-up mechanism, wherein the paper-separating mechanism includes a paper-separating roller and a paper-pressing member.
Further, the cheque processing device further includes a third frame body forming an accommodating groove between the outlet of the U-shaped paper passage and the fixed frame body, wherein a stop lever is provided at a gap of the accommodating groove. By means of the cheque processing device provided by the invention, when the first movable frame body and the second movable frame body are closed with respect to the fixed frame body, the first movable frame body and the second movable frame body are abutted in a U shape, located on the outside of the fixed frame body, and the first movable frame body and the second movable frame body form a U-shaped paper passage together with the fixed frame body. When the first movable frame body is opened with respect to the fixed frame body, the component provided between the first movable frame body and the fixed frame body may be exposed. When the second movable frame body is opened with respect to the fixed frame body, the component provided between the second movable frame body and the fixed frame body may be exposed. Therefore, each component in the U-shaped paper passage of the cheque processing device may be replaced or cleaned conveniently or the jammed cheques may be sorted out conveniently. Thus, compared with the prior art, the cheque processing device provided by the invention has the advantages of good maintainability and convenient maintenance.
Another embodiment One embodiment includes a method or apparatus for applying or embedding a specially produced or manufactured label with a mold or material compound or electromagnetic element for capturing the fingerprint features or characteristics onto a document or onto a content-document. In one example, a label- production or fabrication apparatus , or any other device configured to create or produce labels, can create or produce and also apply or embed the label onto the content- document. The label is designed with a mold or material compound or electromagnetic element so as to accept or capture the application of a multidimensional (2-dimensional or 3 -dimensional) fingerprint features or characteristics thereupon by a source, an owner, or executor of the document. According to one embodiment, the label can be a mold made of material compound or electromagnetic element which can be a resin based or wax based compound or can be of organic (carbon-based) and inorganic combination to capture a multi-dimensional fingerprint features.
The steps can be for pre- label production or fabrication and pre- label embedding within the document, i.e., prior to, or in anticipation of, information or content being transposed onto the document by content source or owner. Alternatively, embodiments can be on- demand or real-time in the sense that at time of content-document generation alternative whereby label production or fabrication and/or applying or embedding within document is at the same step or phase as of information or content being generated on the document by the content source or owner. In either alternative the source or owner of content- document will then transpose fingerprint features or characteristics to a label embedded within the now content-document.
Therefore, one embodiment of the invention includes a method which may be performed by a production or fabrication apparatus or device for creating and applying the specially formulated label. The method includes receiving a content-document that requires content source or owner authentication. The document can be a monetary transaction, check, money order, bond, travel passports, identity card, medical prescription slip, or any other financial or non-financial official document, contract or instrument. The method may further include applying or embedding a label configured to accept or capture transposition of fingerprint features or characteristics thereupon or applying the specially formulated label to a content-document. Thereafter, the owner or executor of the document can transpose their fingerprint features onto the label just embedded onto the content-document to thereby transpose fingerprint features onto the content- document. In one embodiment, the label is a mold configured to accept or capture a multi-dimensional transposition or recording or image of fingerprint features. This embodiment provides on-demand or real-time alternative in the sense that production or fabrication of label and/or applying, or embedment of, the label onto document at same step or time as of information or content creation or generation onto document by content source or owner, i.e. as the document becomes content-document. Product-Use or Execution-Phase:
In one embodiment, the fingerprint features or characteristics that have been transposed or recorded to the label is protected with a sealing cover that is made of a translucent and soft material to seal the captured or recorded features or characteristics and ensure that fingerprint features transposition for positive identification attempts cannot be replicated or even reused. The label is configured so as to accept only one fingerprint capturing and only one embedment within document - it only accepts a one-time use, and any effort to tamper with the translucent seal will render the document and/or the label non-authentic. Thus, once a label is embedded within document and similarly once a fingerprint is transposed and captured within label, any attempt to remove the label off document or remove captured features protective seal or tamper with the label and/or fingerprint captured features will be evidenced, and will render captured fingerprint unreadable or integrity destroyed. Therefore, any such tampered-label of a content-document is rendered unaesthetic. In some embodiments, the label and protective seal is provided with physical security bonding attributes and the protective seal may include a hologram to provide an added level of physical security and higher assurance on the physical integrity of the label and integrity of the of the one-time link between captured fingerprint features and the content-document. This is to confirm the one-time use of label to document and the onetime use of fingerprint features to label.
In another embodiment, the applied label material compound or electromagnetic element will only accept a onetime fingerprint features capturing and then will solidify thus nullifying any other attempt at generating another fingerprint capture. The label sealing cover or protective cover will only accept one-time sealing attempt and attempts to remove sealing cover will render captured featured unreadable or destroyed. The label physical bonding to document will only accept one-time bonding attempts and attempts to remove label will render label and captured features unreadable or destroyed.
According to an embodiment, the label 205 shown in Fig. 2 has a specially formulated material compound or electromagnetic element or coating applied thereon that can capture a multi-dimensional fingerprint features or characteristics. The label 205 may be applied to the document 200 at the time of creation of the document 200 or, alternatively, the label 205 may be of a physical secure bonding label nature that is applied to the document at some point after its creation. Removal of the label from document will render sealed fingerprint featured unreadable. For example, the document 200 illustrated in Fig. 2 may include, but is not limited to, other financial and non-financial instruments, such as bonds and money orders, and other official documents or contractual agreements, such as birth certificates, travel passports, identity cards, and also such as legally binding documents, medical prescription slips, etc. and any other possible document or instrument in which positive secured identification of source or owner is required.
Further, in one embodiment, another level of authenticity verification and mechanism integrity can be provided by computing a private key for the source or owner of the content-document. The private key can then be computationally combined with the unique set of alpha-numeric characters that are based on the owner's fingerprint characteristics or features or other body members features. This computational combination of the owner's private key and unique set of alpha-numeric characters may then be applied onto the content-document.
In some embodiments, the fingerprint-derived or other body member featured-derived alpha-numeric or the computational combination alpha-numeric may be applied to the document through embossing. In an embodiment, the embossing may be accomplished by applying heat and pressure with male and female dyes that fit together and squeeze the fibers of the document. The heat and pressure raise the level of the image higher than the substrate. In an embodiment, the embossing may be performed on a letterpress. In some embodiments, the fingerprint-derived alpha-numeric or the computational combination alpha-numeric may be applied to the document through printing. In an embodiment, the printing may be imperceptible or invisible to the human eye.
Certain embodiment of the invention, therefore, provide alternative approaches to capturing fingerprint features, including the Physical Approach whereby fingerprint features are captured through a physical finger pushed against the mold within label for capturing fingerprint features onto content-document, or including the Electronic Approach whereby physical finger or other body members is pushed against, or placed in front of, a reader for reading features that then captured through embossing or alternatively printing features computation combination or representation onto the content-document.
Certain embodiments of the invention, therefore, provide a more assured mechanism for confirming the authenticity of a source or owner of a content-document. In particular, embodiments of the invention provide a more guaranteed method of confirming the genuineness of a document than currently provided by hand- written signatures.
In addition, such embodiments of invention as described above, provide a mechanism for revoking the link between source or owner and the elements that confirm content authenticity and genuineness.
Matching-Phase : In another embodiment, a method and device for reading and confirming the source of a document that includes a label with a fingerprint features transposed thereupon is provided.
In another embodiment, a method and device for reading and confirming the source of a document that includes embossing or alternatively a printing with a fingerprint features, or a printing with another body members features, transposed thereupon is provided. According to one embodiment, when the authenticity of source or of owner of content- document needs to be confirmed, for example by its intended recipient, a specialized reading apparatus (reader) is utilized to identify the original source or owner of the content-document and hence to confirm content-document authenticity and genuineness. For example, the reader can scan or read the content-document and in particular the embedded label and captured features within. An alternative example may be that the reader can scan or read the content-document and in particular the embossing or otherwise the printed captured features within. An alternative example may be that the reader can read the content-document of electronic form and in particular the printed fingerprint features information or other body member features information that is imperceptible or invisible to the human eye.
In one embodiment, processor, together with memory, are configured to control reader to receive a document for verification, and scan or read the document and associated label. In certain embodiments, the document received by reader may be a document as prepared discussed above. For example, the document may include a label that includes a captured multidimensional fingerprint features in a mold made of a resin or wax or other material based compound or made of organic (carbon-based) and inorganic combination based electromagnetic element. In another example, the document may include printed information that is imperceptible or invisible to the human eye. The reader is configured to read a fingerprint features transposed or captured on the label to identify the fingerprint owner, and detect whether the label has been tampered with by detecting any anomalies in the label sealing cover or in the fingerprint transposed or captured on the label. If no tampering is detected, the reader 10 can then compare the multi -dimensional fingerprint image contained on the label against the database 30 storing pre -registered fingerprints and their owners' identity. When a fingerprint features match is located in the database, the reader can confirm whether the matched fingerprint features corresponds to the alleged owner or executor of the document. If so, the reader 10 can provide a notification that indicates that the document is valid and authenticated. The notification can include, but is not limited to an audible sound or a visual signal.
If, however, the reader detects that the label has been tampered with, that there is no fingerprint features match in the database(s), or that the fingerprint features located in the database does not match the alleged owner of the document, the reader can return an error notification indicating that the document is invalid or forged. The error notification may also include an audible sound or visual signal.
The reader 10 can be configured specifically for each application or type of document that is to be verified. For instance, in some embodiments, the reader can be handheld and transportable. In some embodiments, reader may include a specially designed biometric fingerprint features reader device. In one embodiment the reader is configured to read a fingerprint features transposed or captured via embossed information on content- document. In one embodiment the reader is configured to read a fingerprint features transposed or captured via printing information on content-document whereby the printed information is imperceptible or invisible to the human eye.
In order to determine the metes and bounds of the invention, therefore, reference should be made to the appended claims.

Claims

Claims:
1. A system of issuing secured cheques containing at least one server computer device for data processing and storage, a server application and client computer devices for data processing comprising it, server computer device over communication channels of the Internet network, scanner for scanning the fingerprint, and device to print the barcode and the save the finger print on the magnetic chip or print the fingerprint on the cheque, wherein the system contains units for user authorization in the system, a unit for the updating and synchronization of client and server application data, which is connected by means for verification of the parameters of secured check transaction connected with the unit for the authorization and certification of user parameters and a means for sending electronic notices to the user in real-time mode, connected to the unit for the updating and synchronization of client and server application data as well as inclusion of unit for verifying the fingerprint with the unit for the generation and storage of transaction details on the barcode printed on the cheque.
2. The system according to claim 1 , wherein the system comprises means and unit for the authorization of the user and server applications, with provision of the possibility of presetting a set of parameters of check circulation for each category.
3. The system according to claim 2, wherein the client application units are rendered as grouped into modules by three categories including the initial level, with a minimum set of check circulation parameters, with provision of the possibility of submitting checks for payment to the bank and selecting a paying bank for its checks, and the extended level, with provision of the possibility of generating an additional set of check circulation parameters for operation of the Issuer, partner-banks and Dealers (Brokers) of the system.
4. The system wherein the client device includes a separate client application with its own user interface and/or a client application in the form of built-in module in the standard means for viewing the resources of the Internet network with its own user interface, to be displayed in the web browser, and/or a client application rendered in the form of thin client on the basis of a web browser with provision of the possibility of transferring the units for information processing and generation of the user interface to the server.
5. The system according to claim 1 , wherein the client device containing a user application in thin-client mode has been rendered with provision of the possibility of data input in the web browser user interface, electronic signature of digital documentation, data encryption, data transfer to the server, data reception from the server, decryption, output to the user interface, saving data on the magnetic cell embedded into the cheque, and printing the cheque. .
6. A method for issuing secured cheques containing a server computer device for data processing and storage, an information display device and the server application comprising it, and a client computer processing device containing a device for information display and client applications connected over channels of wireless and/or Internet communication, comprising the sequentially implemented stages of the participant authorization in the system; the accounts data reception; verification of secured cheque parameters; cheque transfer; execution of the transaction of the sender's cheque exchange , linking the cheque amount with the available bank balance, getting the said cheque documented using the fingerprint, , saving the fingerprint in the magnetic cheque, printing the electronically scanned fingerprint in the designated area on the cheque, maintaining account and operation information on the barcode that can be scanned and issue of new cheques containing the fingerprint of the account's holder electronically or in a printed form and the barcode of the account and the operation.
7. A method for verification of secured cheque in the secured cheque settlement system containing a server computer device for data processing and storage, an information display device and the server application device comprising it, and client computer processing devices containing an information display device and client applications connected over wireless and/or Internet communication channels, distinct in that it will be launched in cases where the Bank has received the secured cheque for the purpose of payment, on the application for payment of the cheque; in doing so, , wherein the cheque is verified, and unit will be electronically initiated for data input, sending requests for the verification of cheques; the unit will provide the bank with ; the fingerprint matching the account data maintained on the barcode printed on the cheque, the matching unit will verify the cheque authentication and send it to the server unit for the registration of applications, requests, for placing cheques in an account or cashing the same, which will be executed using the procedure for verification of the parameters of the request for verification of the secured cheque, and in case of successful fulfillment of all
verifications, it will determine the Issuer's registration number and save the request to the server in the system DB; at that, a message will be sent to the recipient (Issuer) by means of the unit for sending online notices or through phone SMS regarding the completion of cashing the cheque; the data on the request confirmed will be retrieved from the DB, the necessary verifications will be carried out and the triggering of the unit will be performed for the generation of digital documentation, with provision of the possibility of generation of the Notice of the verification of a secured cheque; at that, the document, by means of execution of the unit for the secured signature of digital documentation, will be signed with the Issuer's fingerprint . The unit will notify the Bank about the change in the status of the application sent by the Issuer.
8- Secured cheque issued using the system and the method according to the previous claims, wherein the cheque contains the following:
-A barcode maintaining data of the bank account and the operation of the cheque.
-A storage cell
Wherein, the data stored on the barcode contains the cheque amount, beneficiary, bank account number of the cheque 's executer, such data is invisible
Wherein, the fingerprint of the cheque's executer (account's holder) is maintained on a storage cell or printed on the cheque. 9- The system according to the previous claims, wherein the system reserves the cheque amount from the account of the cheque's executor upon completion of the secured cheque issuance
10- The system according to any of the previous claims, wherein the cheque printer contains the following:
Means for storing the fingerprint on the storage cell.
Means for printing the barcode on the cheque
Means for printing the electronically scanned fingerprint on the cheque.
11- The system according to the previous claims, wherein the cheque is electronically documented and the system contains an apparatus for receiving cheques for self- documentation, wherein the said apparatus contains the following:
- A scanner for reading barcodes and fingerprints printed on the cheque.
- Tools for reading fingerprint stored on a storage cell.
- Tools for documentation of fingerprint and for verifying that the fingerprint matches the data stored by the bank.
- Means for sending SMS to cheque's executor
- Means for cashing the cheque amount directly or for placing the cheque in the beneficiary's account or for transferring the amount to another account.
PCT/SA2017/000003 2015-12-17 2017-02-12 System and apparatus for security documents and bank cheque transaction system and methods WO2017105297A2 (en)

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SA115370156A SA115370156B1 (en) 2015-12-17 2015-12-17 System and method for issuing and authenticating guaranteed bank checks

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DE602005013518D1 (en) * 2004-05-17 2009-05-07 Dexrad Pty Ltd METHOD AND SYSTEM FOR GENERATING AN IDENTIFICATION DOCUMENT
US20100063928A1 (en) * 2008-09-11 2010-03-11 Hart Mandi C Electronic check cashing system
RU2011154492A (en) * 2011-12-30 2013-07-27 Май Партнерс Анд Глобал Старс Инвестментс (Мп&Гси) Лтд SYSTEM OF PAYMENT OF ELECTRONIC CHECKS AND METHODS OF ISSUE, TRANSFER OF PAYMENT AND VERIFICATION OF ELECTRONIC CHECKS

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