Abstract
The patent’s assignee for patent number 12039504 is U.S. Bank National Associati on (Minneapolis,Minnesota, United States).News editors obtained the following quote from the background information suppli ed by the inventors:“Generally, a check is a document instructing a financial i nstitution (e.g., a bank) to pay a specifiedamount of money to a specified enti ty (e.g., a person). In the traditional process of depositing a check,individua ls personally visit a financial institution, such as a bank or credit union, wit h the physical check intheir possession to initiate the deposit procedure. Howe ver, this conventional approach often proved to beinconvenient for many individ uals. To address this issue, numerous financial institutions have introducedrem ote check deposit systems. This method enables users to deposit checks without t he need to visit aphysical financial institution.
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