James A Carney

Author:

James Donald Carney

ISBN #:

0134987098

Author:

James Carney

ISBN #:

0710060718

Author:

James Carney

ISBN #:

0851053602

Author:

James Carney

ISBN #:

0892529962

US Patent:

57816549, Jul 14, 1998

Filed:

Jan 18, 1996

Appl. No.:

8/588105

Inventors:

James F. Carney - Staten Island NY

Assignee:

Merrill Lynch & Co., Inc. - New York NY

International Classification:

G06K 900

US Classification:

382137

Abstract:

A system and method for detecting and thus preventing check fraud utilizing a digital computer with image capture and interpretation systems. The system converts the payee information, issue date and the MICR line information (account number, check number and dollar amount) to a check digit which is then placed into the MICR line of a check, printed on its face or transmitted via the paid issuance file to the drawee bank. The drawee bank, upon presentment utilizes a transformation algorithm to convert the printed payee information and issue date on the check into a numerical value that is combined with MICR line information and a check digit is calculated based upon pre-agreed logic. This unique data processing system quickly confirms properly presented checks while effectively precludes payee and other alterations in a cost effective manner.

US Patent:

58901418, Mar 30, 1999

Filed:

Jan 18, 1996

Appl. No.:

8/588130

Inventors:

James F. Carney - Staten Island NY
Craig W. Ponsonby - Wexford PA
Anthony F. Brady - Pittsburgh PA

Assignee:

Merrill Lynch & Co., Inc. - New York NY
Mellon Bank, N.A. - Pittsburgh PA

International Classification:

G06F15700
G06K 900

US Classification:

705 45

Abstract:

A system and method for detecting and thus preventing check fraud utilizing a digital computer with image capture and interpretation systems. The system converts the payee information, issue date and the MICR line information (account number, check number and dollar amount) to a check digit which is then placed into the MICR line of a check, printed on its face or transmitted via the paid issuance file to the drawee bank. The drawee bank, upon presentment utilizes a transformation algorithm to convert the printed payee information and issue date on the check into a numerical value that is combined with MICR line information and a check digit is calculated based upon pre-agreed logic. This unique data processing system quickly confirms properly presented checks while effectively precludes payee and other alterations in a cost effective manner.

US Patent:

D2691604, May 31, 1983

Filed:

Jan 8, 1981

Appl. No.:

6/223440

Inventors:

James Carney - Parlin NJ

International Classification:

D0907

US Classification:

D 9434

US Patent:

61818143, Jan 30, 2001

Filed:

Jul 14, 1998

Appl. No.:

9/115315

Inventors:

James F. Carney - Staten Island NY

Assignee:

Merrill Lynch & Co. Inc. - New York NY

International Classification:

G06K 900

US Classification:

382137

Abstract:

A system and method for detecting and thus preventing check fraud utilizing a digital computer with image capture and interpretation systems. The system converts the payee information, issue date and the MICR line information (account number, check number and dollar amount) to a check digit which is then placed into the MICR line of a check, printed on its face or transmitted via the paid issuance file to the drawee bank. The drawee bank, upon presentment utilizes a transformation algorithm to convert the printed payee information and issue date on the check into a numerical value that is combined with MICR line information and a check digit is calculated based upon pre-agreed logic. This unique data processing system quickly confirms properly presented checks while effectively precludes payee and other alterations in a cost effective manner.