US Patent Issued to Wells Fargo Bank on May 12 for "System and method for mobile check deposit with restricted endorsement" (Minnesota Inventor)

ALEXANDRIA, Va., May 12 -- United States Patent no. 12,626,235, issued on May 12, was assigned to Wells Fargo Bank N.A. (San Francisco).

"System and method for mobile check deposit with restricted endorsement" was invented by Al Hecht (Chanhassen, Minn.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method includes receiving, from a mobile device, a deposit request including a first check image for funds to be deposited into a user account, determining a risk level associated with the deposit request, requesting a second check image having a restricted endorsement based on the risk level, receiving the second check image having the restricted endorsement, determining a confidence level...