Patent Number: 8,573,478

Title: Image exchange without full MICR qualification

Abstract: A system and related methods of correcting errors during check or financial document processing by a bank of first deposit or other entity receiving a paper check or financial document, or by a second bank on whose accounts the checks were written. These corrections can be performed by the computer system of the bank of first deposit, the computer system of the second bank, or both. MICR or other data may be sent in electronic format from the bank of first deposit or other entity without qualification.

Inventors: Richardson; Joseph L. (Germantown, TN), Rowell; Joseph M. (Memphis, TN)

Assignee:

International Classification: G06Q 40/00 (20120101); G07D 11/00 (20060101); G06K 7/06 (20060101); G06K 19/06 (20060101); G07F 19/00 (20060101)

Expiration Date: 1/05/12017