US Patent Issued to JPMORGAN CHASE BANK on Dec. 30 for "Systems and methods for distributed ledger-based check verification" (New York, Pennsylvania, Michigan Inventors)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,697, issued on Dec. 30, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"Systems and methods for distributed ledger-based check verification" was invented by Raghu Vudathu (Downingtown, Pa.), Christy Lillie (Ann Arbor, Mich.), Bodhi Hwang (Forest Hills, N.Y.) and Mark Lanter (Woodside, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for distributed ledger-based check verification are disclosed. In one embodiment, a method may include a bank backend computer program: (1) receiving, from a computer application executed by an electronic device, an image of a presented check as part of an electronic check deposit process; (2...