System for digitizing and processing resource documents
AssigneeBank of America Corporation
InventorSaurabh Mavani
Life of this patent
Estimating the term…
Abstract
Embodiments of the invention include systems, methods, and computer-program products for digitizing and processing transmission of a physical resource document from an issuer to a user and from a user to a processing institution for real-time posting of physical resource documents. In this way, the invention processes a physical resource document into an image format at the issuer and transmits a secure digital image file to the user. The image format is processed and digitized for resource processing. Upon user receipt, the system validates the resource distribution. Upon validation the system allows for processing the resource document and the resource distribution from that document as a digital real-time payment.
Claims20
A system for digitization and real-time processing of a physical resource document, the system comprising:
- a memory device with computer-readable program code stored thereon;
- a communication device;
- a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute the computer-readable program code to:
- integrate into an image capture device and extract a digital resource distribution document from an image capture of the physical resource distribution document, wherein the physical resource distribution document is drafted by an issuer to distribute resources to a recipient;
- identify and divide segments of the digital resource distribution document, wherein the segments are divided by attributes on the physical resource distribution document;
- transmit, via a secure electronic communication channel, the digital resource distribution document to the recipient;
- reconstruct the digital resource distribution document and display the reconstructed digital resource distribution document on an interface associated with a recipient device, wherein the reconstructed digital resource distribution document displayed illustrates the physical resource distribution document drafted by the issuer;
- perform validation requests from the issuer, the recipient, and an entity;
- integrate the digital resource distribution document into the recipient resource application;
- and
- process and post, in real-time, resources from the physical resource distribution document to an account associate the recipient via the recipient resource application.
A computer program product for digitization and real-time processing of a physical resource document, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:
- an executable portion configured for integrating into an image capture device and extract a digital resource distribution document from an image capture of the physical resource distribution document, wherein the physical resource distribution document is drafted by an issuer to distribute resources to a recipient;
- an executable portion configured for identifying and dividing segments of the digital resource distribution document, wherein the segments are divided by attributes on the physical resource distribution document;
- an executable portion configured for transmitting, via a secure electronic communication channel, the digital resource distribution document to the recipient;
- an executable portion configured for reconstructing the digital resource distribution document and display the reconstructed digital resource distribution document on an interface associated with a recipient device, wherein the reconstructed digital resource distribution document displayed illustrates the physical resource distribution document drafted by the issuer;
- an executable portion configured for performing validation requests from the issuer, the recipient, and an entity;
- an executable portion configured for integrating the digital resource distribution document into the recipient resource application;
- and
- an executable portion configured for processing and posting, in real-time, resources from the physical resource distribution document to an account associate the recipient via the recipient resource application.
A computer-implemented method for digitization and real-time processing of a physical resource document, the method comprising:
- providing a computing system comprising a computer processing device and a non-transitory computer readable medium, where the computer readable medium comprises configured computer program instruction code, such that when said instruction code is operated by said computer processing device, said computer processing device performs the following operations:
- integrating into an image capture device and extract a digital resource distribution document from an image capture of the physical resource distribution document, wherein the physical resource distribution document is drafted by an issuer to distribute resources to a recipient;
- identifying and dividing segments of the digital resource distribution document,
- wherein the segments are divided by attributes on the physical resource distribution document;
- transmitting, via a secure electronic communication channel, the digital resource distribution document to the recipient;
- reconstructing the digital resource distribution document and display the reconstructed digital resource distribution document on an interface associated with a recipient device, wherein the reconstructed digital resource distribution document displayed illustrates the physical resource distribution document drafted by the issuer;
- performing validation requests from the issuer, the recipient, and an entity;
- integrating the digital resource distribution document into the recipient resource application;
- and
- processing and posting, in real-time, resources from the physical resource distribution document to an account associate the recipient via the recipient resource application.
Dependencies are inferred from the claim text.