# US 10,504,185 B1 · Systems and methods for live video financial deposit

> Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt

- Number: US 10,504,185 B1
- Document ID: US10504185B1
- Status: Granted
- Kind: B1
- Application number: 12/206,001
- Filed: 2008-09-08
- Granted: 2019-12-10
- Earliest claimed: 2008-09-08
- Assignees: United Services Automobile Association (USAA)
- Applicants: Andre Rene Buentello
- Inventors: Andre Rene Buentello
- Web page: https://patentgrep.com/patent/US10504185B1

## CPC

- G06Q 40/06: Asset management; Financial planning or analysis
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

A live video of a negotiable instrument may be provided to a financial institution so that an image of the negotiable instrument may be obtained from the live video, processed, and funds associated with the negotiable instrument may be deposited in an account of a user. The user may be identified and authenticated to the financial institution by one or more biometric characteristics. One or more biometric characteristics may be used to endorse the negotiable instrument. A holder may be used to hold the negotiable instrument while live video is being taken and provided from a user to a financial institution.

## Claims

### Claim 1

A processor-implemented method of depositing a negotiable instrument, comprising:
authenticating a user using a biometric characteristic;
receiving, at a remote processor, a live video of a negotiable instrument, the live video being transmitted over a communications network from a video source of a mobile device operated by the user;
extracting via the remote processor deposit information from the live video of the negotiable instrument; and
depositing funds of the negotiable instrument into an account based on the deposit information extracted from the live video of the negotiable instrument.

### Claim 2 (depends on 1)

The method of claim 1, wherein the live video further comprises the biometric characteristic used in authenticating the user.

### Claim 3 (depends on 1)

The method of claim 1, further comprising verifying an endorsement of the negotiable instrument using a second biometric characteristic.

### Claim 4 (depends on 3)

The method of claim 3, wherein the second biometric characteristic is the same as the biometric characteristic used in authenticating the user.

### Claim 5 (depends on 3)

The method of claim 3, wherein the live video further comprises the second biometric characteristic used in verifying the endorsement of the negotiable instrument.

### Claim 6 (depends on 1)

The method of claim 1, wherein the live video is received via streaming from a video source maintained by the user.

### Claim 7

A system for depositing a negotiable instrument, comprising:
at least one memory; and
a processor in communication with the at least one memory, the processor configured to:
authenticate a user using a biometric characteristic;
receive a live video from the user, the live video comprising live video of the negotiable instrument and being transmitted over a communications network from a video source of a mobile device operated by the user;
extract deposit information from the live video of the negotiable instrument; and
deposit funds of the negotiable instrument into an account based on the deposit information extracted from the live video of the negotiable instrument.

### Claim 8 (depends on 7)

The system of claim 7, wherein the live video further comprises the biometric characteristic used in authenticating the user.

### Claim 9 (depends on 7)

The system of claim 7, wherein the processor is further configured to verify an endorsement of the negotiable instrument using a second biometric characteristic.

### Claim 10 (depends on 9)

The system of claim 9, wherein the second biometric characteristic is the same as the biometric characteristic used in authenticating the user.

### Claim 11 (depends on 9)

The system of claim 9, wherein the live video further comprises the second biometric characteristic used in verifying the endorsement of the negotiable instrument.

### Claim 12 (depends on 7)

The system of claim 7, wherein the live video is received via streaming from a video source maintained by the user.

### Claim 13 (depends on 1)

The method of claim 1, wherein the video source operated by the user is a mobile device, and wherein the live video is transmitted via a wireless cellular transmission.

### Claim 14 (depends on 1)

The method of claim 1, wherein extracting deposit information from the live video comprises analyzing the live video, as it is received, to determine whether the negotiable instrument is readable.

### Claim 15 (depends on 1)

The method of claim 1 further comprising transmitting information to the mobile device advising the user regarding a status of the deposit process, while the live video is being received.