US Patent Issued to Headsail Technologies on March 18 for "Check fraud detection system and method" (Arkansas Inventor)

ALEXANDRIA, Va., March 19 -- United States Patent no. 12,254,475, issued on March 18, was assigned to Headsail Technologies Inc. (Rogers, Ark.).

"Check fraud detection system and method" was invented by Greg Ellis (Sherwood, Ark.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A check processing system detects fraud in real-time by comparing data from presented checks against known check data stored in a Global Check Register (GCR). The system analyzes check images and extracts payee information. Instead of reviewing the entire check for each item of information, a region of interest (ROI) is investigated. The use of an ROI defeats a type of fraud wherein original payee information is placed on the memo line ...