US 2006/0187698 A1 · System and method for dynamic checking

Abstract

Systems and methods for utilizing dynamic checks is provided. A user provides user identification information via a POS terminal. The identification information is used to obtain account information such that a representation of the dynamic check may be generated based on the account information. The dynamic check is populated with the user's account information including name, routing, and bank account information. In some embodiments, the payment amount is automatically provided on the dynamic check. After review, the user provides his/her signature on the dynamic check. In exemplary embodiments, this signature is verified by comparing the signature with a stored template of the signature associated with the user's account. Once, the dynamic check is authenticated, the dynamic check may be processed for settlement.

Claims19

Dependent claims

A system for utilizing dynamic checks, comprising:

a profile database configured to store user information and provide the user information for authentication and generation of the dynamic check;
an authentication engine coupled to the profile database and configured to verify an identity of a user and to verify a signature on the dynamic check by comparing the signature with a stored signature template;
and
a financial settlement engine configured to settle the dynamic check.

1 more element

Dependencies are inferred from the claim text.

System and method for dynamic checking

Life of this patent

System and method for dynamic checking

Life of this patent

Abstract

Claims19