System and method for a private and secure financial transaction system using an ATM

Patent metadata

Field	Value
Publication number	US-10990933-B2
Application number	US-201815973419-A
Country	US
Kind code	B2
Filing date	May 7, 2018
Priority date	Jan 15, 2002
Publication date	Apr 27, 2021
Grant date	Apr 27, 2021

Abstract

A financial transaction system between a customer and a financial institution that facilitates use of a mobile wireless device at an ATM in lieu of an ATM card provides for a central system, a portable wireless device of the customer, an automated teller machine (ATM), an ATM identification on an ATM identification tag. The portable wireless device has an interface that is able to read the ATM identification. The central system, the portable wireless device, and the ATM communicate on a global computer network and the portable wireless device is used to conduct a financial transaction with the ATM in lieu of a bankcard of the financial institution.

First claim

What is claimed is:

1. A method of interfacing by an ATM with a customer for a financial transaction, comprising the steps of:
providing a central system for managing operations of ATMs of a financial institution, wherein the central system has a CPU, a memory, a central system logic stored in the memory and operating in the CPU, and a central system database server, wherein pre-storing by the central system database server customer electronic addresses of select customers;
providing an ATM, wherein the ATM has a printing mechanism and an ATM logic, wherein the ATM logic controls the printing mechanism for printing an ATM transaction receipt for an ATM transaction by the customer at the ATM;
interfacing by the ATM with the customer, using a mobile wireless device of the customer for the purpose of identifying the customer being in proximity to the ATM for the ATM transaction in lieu of receiving customer identifying data from an ATM card;
suppressing printing of the ATM transaction receipt by the ATM logic; and
sending electronically by the central system logic the ATM transaction receipt to one of the select customers via the pre-stored customer electronic addresses of select customers in the central system database server.

2. The method as in claim 1 , comprising the steps of:
sending by the central system logic the ATM transaction receipt via e-mail to the customer.

3. The method as in claim 1 , comprising the steps of:
archiving by the central system logic the ATM transaction receipt in computer systems accessible to the customer on global computer network.

4. The method as in claim 1 , comprising the steps of:
using the wireless device of the customer to identify and verify the customer identity to the computer systems managing the ATM.

5. A system for interfacing by an ATM with a customer for a financial transaction, comprising:
a central system for managing operations of ATMs of a financial institution, wherein the central system has a CPU, a memory, a central system logic stored in the memory and operating in the CPU, and a central system database server, wherein the central system database server pre-storing customer electronic addresses of select customers;
an ATM, wherein the ATM has a printing mechanism and an ATM logic, wherein the ATM logic controls the printing mechanism for printing an ATM transaction receipt for an ATM transaction by the customer at the ATM;
the ATM interfaces with the customer, using a mobile wireless device of the customer to identify the customer being in proximity to the ATM for the ATM transaction in lieu of the ATM receiving customer identifying data from an ATM card;
the ATM logic suppresses printing of the ATM transaction receipt; and
the central system logic sending electronically the ATM transaction receipt to the one of select customers via the pre-stored customer electronic addresses of select customers in the central system database server.

6. The system as in claim 5 , comprising:
the central system sending the ATM transaction receipt via e-mail to the customer.

7. The system as in claim 4 , comprising:
the central system archives the ATM transaction receipt in computer systems accessible to the customer on global computer network.

8. The system as in claim 4 , comprising:
the central system using the wireless device of the customer to identify and verify the customer identity to the computer systems managing the ATM.

Assignees

• Singhal Tara Chand

Inventors

• Singhal Tara Chand

Classifications

• G06Q20/32

  using wireless devices · CPC title

• G06Q20/20

  Point-of-sale [POS] network systems · CPC title

• G06Q20/3227

  using secure elements embedded in M-devices · CPC title

• G06Q20/02

  involving a neutral party, e.g. certification authority, notary or trusted third party [TTP] · CPC title

• G06Q20/327

  Short range or proximity payments by means of M-devices · CPC title