DATA LIFTING FOR EXCEPTION PROCESSING

摘要

Embodiments of the invention include systems, methods, and computer-program products for lifting metadata from financial documents to allow for automated exception processing. As such, allowing for automated decisions for exception processing to systematically be resolved base on matches between lifted metadata. The exceptions may include one or more irregularities such as bad micro line reads, outdated check stork, or misrepresentative checks that may result in a failure to match the check to an associated account for processing. As such, once an exception is identified during the processing the metadata lifted from the document with the exception may be utilized to search financial records at the financial institution to attempt to identify the correct version of the document. Subsequently, the system may correct the irregularity systematically and automatically.

主权项

1. A system for exception processing of financial documents, the system comprising:
a memory device with computer-readable program code stored thereon; a communication device; a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute the computer-readable program code to:
receive an indication of a user transaction, wherein receiving an indication of the user transaction comprises receiving a copy of the financial documents associated with the user transaction for processing;identify data from the financial document, wherein the data from the financial document is extracted from the financial document using optical character recognition and the data is stored as metadata;process the financial document, wherein processing includes identifying exceptions in the financial documents being processing;compare the extracted metadata from the financial document comprising exceptions to known data associated with financial accounts;match an appropriate financial account to the financial document comprising exceptions, wherein the match is based on the comparison between the extracted metadata from the financial document comprising exceptions to known data associated with financial accounts; andreplace the exception and allow the financial document comprising the exception to be processed.