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US 8,527,419 B1Granted
End to end (E2E) processing
AssigneeBank of America Corporation
InventorsLowell R. Huff, Geoffrey R. Williams
Life of this patent
Estimating the term…
Abstract
A method and apparatus for monitoring through completion the automated processes performed by a bank in validating Image Cash Letters for purposes of check clearing under the provisions of the Check21 Act.
Claims16
A method of monitoring a validation process performed on electronic Image Cash Letter (ICL) transmittals, the method comprising:
- receiving, via a computing device processor, ICL identification data for received ICL transmittals;
- receiving, via a computing device processor, ICL completed event data from an automated processing system, the completed event data signifying completion of each verification procedure performed on each received ICL transmittal;
- reformatting the received ICL identification data for each received ICL transmittal, via a computing device processor;
- reformatting the received ICL completed event data, via a computing device processor;
- wherein the reformatting of the received ICL identification data and the ICL completed event data normalizes the data to a format that permits joint processing via a common processing device;
- tracking the reformatted ICL identification data for each received ICL transmittal through the time of occurrence of each of its associated completed event data;
- and
- reporting, as ICL event histories, validation process steps completed for ICL transmittals associated with the reformatted ICL identification data.
5 more elements
Apparatus for monitoring the completion of a validation process performed on electronic Image Cash Letter (ICL) transmittals the apparatus comprising:
- computing device processor means for receiving ICL identification data for received ICL transmittals and ICL completed event data from automated processing system, the completed event data identifying completion of each verification procedure performed on each received ICL transmittal;
- means for reformatting the received ICL identification data for each ICL transmittal and the ICL completed event signals to a format that allows both data sets to be jointly processed in a common processing device;
- means for tracking the reformatted ICL identification data for each ICL transmittal through the time of occurrence of each of its associated completed event data;
- and
- means for reporting, as ICL event histories, validation process steps completed for ICL transmittals associated with the reformatted ICL identification data for each ICL transmittal.
2 more elements
Dependencies are inferred from the claim text.