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US 12,118,812 B2Granted
User-created financial instruments
AssigneeInternational Business Machines Corporation
InventorsIgor S. Ramos, Marc Dickenson, Andrew J Lavery
Life of this patent
Estimating the term…
Abstract
An image of a financial instrument can be received and analyzed. One or more properties of the financial instrument can be determined based on the image. A uniqueness rating of the financial instrument can be determined based on the property or properties. Terms of the financial instrument are identified, and the financial instrument and identified terms are recorded in a digital storage base.
Claims17
A method, comprising:
- receiving an image of a financial instrument;
- determining one or more properties of the financial instrument based on the image;
- determining a uniqueness rating of the financial instrument based on the properties;
- determining, based on the uniqueness rating, that the financial instrument is sufficiently unique, wherein determining that the financial instrument is sufficiently unique comprises:
- comparing the uniqueness rating to a threshold;
- responsive to the uniqueness rating being below the threshold, prompting a payor to cut the financial instrument into a different shape;
- receiving, after the prompting, an updated image of the financial instrument after the financial instrument has been cut;
- updating a uniqueness rating of the financial instrument based on the updated image;
- and
- comparing, after the updating the uniqueness rating, the uniqueness rating to the threshold;
- identifying terms of the financial instrument;
- and
- recording, in response to the determining that the financial instrument is sufficiently unique, the financial instrument and terms in a digital storage base.
10 more elements
A system comprising:
- a memory;
- and
- a central processing unit (CPU) including one or more CPU cores configured to:
- receive an image of a financial instrument;
- determine one or more properties of the financial instrument based on the image;
- determine a uniqueness rating of the financial instrument based on the properties;
- determine, based on the uniqueness rating, that the financial instrument is sufficiently unique, wherein determining that the financial instrument is sufficiently unique comprises:
- comparing the uniqueness rating to a threshold;
- responsive to the uniqueness rating being below the threshold, prompting a payor to cut the financial instrument into a different shape;
- receiving, after the prompting, an updated image of the financial instrument after the financial instrument has been cut;
- updating a uniqueness rating of the financial instrument based on the updated image;
- and
- comparing, after the updating the uniqueness rating, the uniqueness rating to the threshold;
- identify terms of the financial instrument;
- and
- record, in response to the determining that the financial instrument is sufficiently unique, the financial instrument and terms in a digital storage base.
13 more elements
A computer program product, the computer program product comprising a computer readable storage medium having program instructions embodied therewith, the program instructions executable by a computer to cause the computer to:
- receive an image of a financial instrument;
- determine one or more properties of the financial instrument based on the image;
- determine a uniqueness rating of the financial instrument based on the properties;
- determine, based on the uniqueness rating, that the financial instrument is sufficiently unique, wherein determining that the financial instrument is sufficiently unique comprises:
- comparing the uniqueness rating to a threshold;
- responsive to the uniqueness rating being below the threshold, prompting a payor to cut the financial instrument into a different shape;
- receiving, after the prompting, an updated image of the financial instrument after the financial instrument has been cut;
- updating a uniqueness rating of the financial instrument based on the updated image;
- and
- comparing, after the updating the uniqueness rating, the uniqueness rating to the threshold;
- identify terms of the financial instrument;
- and
- record, in response to the determining that the financial instrument is sufficiently unique, the financial instrument and terms in a digital storage base.
10 more elements
Dependencies are inferred from the claim text.