US Patent Issued to Digital First Holdings on Nov. 11 for "Terminal enabled unbanked check processing" (Georgia Inventors)

ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,469,031, issued on Nov. 11, was assigned to Digital First Holdings LLC (Atlanta).

"Terminal enabled unbanked check processing" was invented by Bhagavanthulu Veera Venkata Tanakala (Dunwoody, Ga.), Lalitha Rashmi Bhairy (Dunwoody, Ga.) and Brennan Paul Day (Augusta, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A transaction terminal presents a new type of transaction through the transaction interface for cashing checks of unbanked consumers. The interface obtains a government identifier provided through input and/or government issued card read at the terminal. The check is imaged, and the government identifier is verified by a government verificati...