Banking systems controlled by data bearing records

Patent metadata

Field	Value
Publication number	US-12046111-B2
Application number	US-202318137091-A
Country	US
Kind code	B2
Filing date	Apr 20, 2023
Priority date	Apr 15, 2016
Publication date	Jul 23, 2024
Grant date	Jul 23, 2024

Abstract

A cash handling device having at least one processor, a communication interface, an item accepting device, an item dispensing device, an internal currency scanning system, an internal currency transport system, one or more currency storage cartridges, and a memory may receive, from a user, a request to perform a deposit transaction. Based on receiving the request to perform the deposit transaction, the cash handling device may receive at least one deposit item for deposit. Subsequently, the cash handling device may validate the at least one deposit item received for deposit. Based on validating the at least one deposit item received for deposit, the cash handling device may generate a deposit transaction record that includes information directing a banking server to apply a provisional credit to a treasury account associated with the user. Subsequently, the cash handling device may send the deposit transaction record to the banking server.

First claim

What is claimed is:

1. A cash handling device, comprising:
at least one processor;
a communication interface;
an item accepting device;
one or more currency storage cartridges; and
memory storing computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:
receive, via the communication interface, and from at least one banking server, user profile data including client-specific user settings for the cash handling device;
store, in the memory of the cash handling device, the client-specific user settings for the cash handling device received from the at least one banking server;
receive, from a first user of the cash handling device, a request to perform a deposit transaction at a deployment location of the cash handling device;
authenticate the first user of the cash handling device based on the client-specific user settings for the cash handling device received from the at least one banking server;
after authenticating the first user of the cash handling device, receive, via the item accepting device, at least one deposit item for deposit at the deployment location of the cash handling device;
validate the at least one deposit item received for deposit at the deployment location of the cash handling device;
based on validating the at least one deposit item received for deposit at the deployment location of the cash handling device, generate a deposit transaction record associated with the request to perform the deposit transaction, the deposit transaction record comprising deposit information directing the at least one banking server to apply a credit to at least one account associated with the first user of the cash handling device; and
send, via the communication interface, and to the at least one banking server, the deposit transaction record.

2. The cash handling device of claim 1 , wherein the cash handling device further includes a currency scanning system and a currency transport system, and wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises:
scanning, by the currency scanning system, one or more deposit items received for deposit;
sorting, by the currency transport system, the one or more deposit items received for deposit; and
physically storing, by the currency transport system, in the one or more currency storage cartridges, the one or more deposit items received for deposit.

3. The cash handling device of claim 2 , wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:
receive, from a second user of the cash handling device, a request to perform a change order transaction at the deployment location of the cash handling device;
authenticate the second user of the cash handling device based on the client-specific user settings for the cash handling device received from the at least one banking server;
after authenticating the second user of the cash handling device, receive, via the item accepting device, at least one change order item for exchange at the deployment location of the cash handling device;
validate the at least one change order item received for exchange at the deployment location of the cash handling device;
based on validating the at least one change order item received for exchange at the deployment location of the cash handling device, dispense one or more currency items to complete the change order transaction;
generate a change order transaction record associated with the request to perform the change order transaction, the change order transaction record comprising change order information directing the at least one banking server to update one or more transaction history records associated with the second user of the cash handling device; and
send, via the communication interface, and to the at least one banking server, the change order transaction record.

4. The cash handling device of claim 3 , wherein validating the at least one change order item received for exchange at the deployment location of the cash handling device comprises:
scanning, by the currency scanning system, one or more change order items received for exchange;
sorting, by the currency transport system, the one or more change order items received for exchange; and
physically storing, by the currency transport system, in the one or more currency storage cartridges, the one or more change order items received for exchange.

5. The cash handling device of claim 4 , wherein the deposit information directs the at least one banking server to credit the at least one account associated with the first user of the cash handling device with an amount of funds associated with the at least one deposit item received for deposit at the deployment location of the cash handling device and validated by the cash handling device.

6. The cash handling device of claim 4 ,
wherein configuration information stored by the cash handling device defines one or more usage limits,
wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises enforcing the one or more usage limits defined by the configuration information stored by the cash handling device, and
wherein validating the at least one change order item received for exchange at the deployment location of the cash handling device comprises enforcing the one or more usage limits defined by the configuration information stored by the cash handling device.

7. The cash handling device of claim 4 ,
wherein configuration information stored by the cash handling device defines one or more alert thresholds, and
wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises generating at least one deposit alert based on the one or more alert thresholds defined by the configuration information stored by the cash handling device, and
wherein validating the at least one change order item received for exchange at the deployment location of the cash handling device comprises generating at least one exchange alert based on the one or more alert thresholds defined by the configuration information stored by the cash handling device.

8. The cash handling device of claim 1 , wherein the deployment location of the cash handling device is a retail banking center operated by a financial institution.

9. The cash handling device of claim 1 , wherein the deployment location of the cash handling device is a shopping mall in which a plurality of retailers operate retail stores.

10. The cash handling device of claim 1 , wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:
receive, from a third user of the cash handling device, input defining one or more configuration settings for the cash handling device; and
store configuration information based on receiving the input defining the one or more configuration settings for the cash handling device from the third user of the cash handling device.

11. The cash handling device of claim 1 , wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:
receive, via the communication interface, and from the at least one banking server, configuration information defining one or more configuration settings for the cash handling device; and
store the configuration information defining the one or more configuration settings for the cash handling d

Assignees

• Bank Of America

Inventors

• Brancaccio Joan C

Classifications

• G06Q40/00

  Finance; Insurance; Tax strategies; Processing of corporate or income taxes · CPC title

• G06Q40/02

  Banking, e.g. interest calculation or account maintenance (credit or loans G06Q40/03) · CPC title

• G07F19/20

  Automatic teller machines [ATMs] · CPC title

• G06Q20/1085 Primary

  involving automatic teller machines [ATMs] · CPC title

• G07F19/00 Primary

  Complete banking systems; Coded card-freed arrangements adapted for dispensing or receiving monies or the like and posting such transactions to existing accounts, e.g. automatic teller machines (data processing equipment for bank accounting G06Q40/02) · CPC title