Coding, tracking and reporting negotiable items and related...

G - Physics – 07 – F

Patent

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Details

G07F 7/12 (2006.01) G06Q 40/00 (2006.01) G07D 7/00 (2006.01) G07D 11/00 (2006.01)

Patent

CA 2423534

A system and a method for coding, tracking, and reporting on items from any one or more processing points for institutions. The system operates to affix, apply or print codes on or to items and documents, in the form of one or more bar codes and/or related symbology. The system operates to also read codes previously printed, affixed or otherwise applied to items and documents. The information related to and represented by the codes and/or related symbology is used during the issuing, clearing, settlement and/or exchange processes and other types of processes throughout the lifecycle of the item. The specific information encoded in the bar code and/or related symbology may, for example, include required any one or more of the following pieces of information regulatory details, processing and handling point identifications and tracking details, and other information. The disclosed system may further be embodied such that the information included in the bar codes and/or related symbology on the item and document is supplemented with information stored in an associated database and other electronic or paper based information repositories. Report generation based on the information encoded within the bar codes and/or related symbology, and on associated information in the software database or other electronic or paper based information repositories is also disclosed.

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