US Patent Issued to JPMORGAN CHASE BANK on Sept. 15 for "Systems and methods for processing checks with machine-readable optical labels" (New York, Pennsylvania, Michigan Inventors)

ALEXANDRIA, Va., Sept. 15 -- United States Patent no. 12,737,497, issued on Sept. 15, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"Systems and methods for processing checks with machine-readable optical labels" was invented by Raghu Vudathu (Downingtown, Pa.), Christy Lillie (Ann Arbor, Mich.), Bodhi Hwang (Forest Hills, N.Y.), Joe Martei (Brooklyn, N.Y.), Mark Lanter (Woodside, N.Y.) and Michael Parker (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for processing checks with machine-readable optical labels are disclosed. In one embodiment, a method for processing checks with machine-readable optical labels may include (1) receiving, by a presenting bank computer progra...