System and method for correcting data in financial documents
OwnerJoseph Richardsoninventor
Life of this patent
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Abstract
A system and method for correcting data in data fields of financial documents containing unreadable characters is described. Data fields include MICR and OCR data files on financial documents such as checks. A controller receives MICR or OCR data from a document processor that is operable to retrieve MICR or OCR data from a plurality of financial documents, and performs data correction functions on the MICR or OCR data. Data corrections functions include comparing an erroneous number in the MICR or OCR data with a plurality of correct numbers and electronically replacing the erroneous number with a number from said plurality of possible numbers.
Claims25
A system for correcting data on financial documents, comprising:
- a controller configured to receive data from a document processor that is operable to retrieve data from a plurality of financial documents;
- wherein the controller is programmed to perform data correction functions on the data, the data correction functions further comprising comparing an incomplete or erroneous number in said data with a plurality of possible numbers and electronically replacing the incomplete or erroneous number with a number from said plurality of possible numbers.
A computer-implemented method for correcting data on financial documents, comprising the steps of:
- electronically comparing an incomplete or erroneous number in said data with a plurality of possible numbers;
- and
- electronically replacing the incomplete or erroneous number with a number electronically selected from said plurality of possible numbers.
A computer-implemented method for correcting data on financial documents with at least two data fields, comprising the steps of:
- electronically comparing a first incomplete or erroneous number in a first data field with a first plurality of possible numbers that the first incomplete or erroneous number can be and still be valid;
- and
- electronically replacing the first incomplete or erroneous number with a number selected from the first plurality of possible numbers based at least upon the outcome of the step of electronically comparing.
A computer-implemented method for correcting a line of OCR data of a financial document having an unreadable character, comprising the steps of:
- electronically scanning the line of data OCR data using an OCR reader;
- converting the line of OCR data into a first series of numbers or characters and storing the first series in an input buffer;
- identifying a first OCR field from the first series of numbers;
- sequentially comparing a readable portion of the first OCR field with each successive member of a list of valid first field numbers to determine whether a unique member of the list of valid first field numbers matches the readable portion;
- and
- replacing the first OCR field with the unique member or with portions of the unique member that correspond to an unreadable portion of the first field.
Dependencies are inferred from the claim text.