Systems and methods for live video financial deposit
AssigneeUnited Services Automobile Association (USAA)
InventorAndre Rene Buentello
Life of this patent
Estimating the term…
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.
Claims21
A processor-implemented method of depositing a negotiable instrument, comprising:
- establishing, with a processor, a real-time two-way communication pathway with a video-enabled mobile device operated by a user, receiving, with a processor, live video of a negotiable instrument captured by a sensor of the video-enabled mobile device;
- analyzing, with a processor, the video to determine whether the negotiable instrument is readable;
- providing information, with a processor, to display on the video-enabled mobile device while the video is being received, the information advising the user regarding a status of the deposit process;
- and initiating, with a processor, a procedure to deposit funds of the negotiable instrument into an account based on deposit information extracted from the video of the negotiable instrument.
A device, comprising:
- memory;
- and a processor in communication with the memory, the processor configured to:
- establish a real-time two-way communication pathway with a video-enabled mobile device operated by a user;
- receive live video of a negotiable instrument captured by a sensor of the video-enabled mobile device;
- analyze the video to determine whether the negotiable instrument is readable;
- provide information to display on the video-enabled mobile device while the video is being received, the information advising the user regarding a status of the deposit process;
- and initiate a process to deposit funds of the negotiable instrument into an account based on deposit information extracted from the video of the negotiable instrument.
Dependencies are inferred from the claim text.