Stacking purge-bin

US9633343B2 · US · B2

Patent metadata
FieldValue
Publication numberUS-9633343-B2
Application numberUS-201614987702-A
CountryUS
Kind codeB2
Filing dateJan 4, 2016
Priority dateMay 20, 2013
Publication dateApr 25, 2017
Grant dateApr 25, 2017

How to read this patent

A practical reading order for non-experts. Skip the full description unless you need deep technical detail.

  1. Title

    What the patent document calls the invention.

  2. Abstract

    A short plain-language summary of the technical disclosure.

  3. Assignees and inventors

    Who owns or filed the patent and who is credited as inventor.

  4. Key dates

    Filing, priority, publication, and grant dates set the timeline.

  5. First independent claim

    The legal scope of protection — read this for what is actually claimed.

  6. CPC / IPC classifications

    Technology tags used to group this patent with similar filings.

  7. Citations and related patents

    Prior art links and similar publications in this corpus.

Abstract

Official abstract text for this publication.

Apparatus and methods for a stacking purge-bin (“SPB”) are provided. The SPB may be configured to rotate. The SPB may include a plurality of receiving sections. One or more tangible items retracted by the SSK may be stored in each receiving section. Rotating the SPB between each retraction may prevent tangible items from two consecutive retractions from being stored in a single receiving section. Preventing tangible items from two consecutive retractions from being stored in a single receiving section may allow each tangible item to be associated with transaction information corresponding to a retraction. The SPB may store separators. A separator may be inserted between tangible items received from two consecutive retractions. Separating between tangible items received from two consecutive retractions may allow each tangible item to be associated with transaction information corresponding to a retraction. Transaction information associated with a retraction may be marked on the separator.

First claim

Opening claim text (preview).

What is claimed is: 1. A method for stacking items in a purge-bin, the method comprising: retracting a plurality of bills dispensed from an automated teller machine (“ATM”); transferring the plurality of bills to a purge-bin of the ATM using a feeder network of the ATM; generating a separator; transferring the separator to the purge-bin; storing the plurality of bills in the purge-bin; inserting the separator above the plurality of bills; and after the storing, rotating the purge-bin, about an axis normal to a face of the plurality of bills, to a position relative to the feeder network. 2. The method of claim 1 , the generating comprising: correlating: a time and date of the retracting; and a transaction identifier associated with a dispensing of the plurality of bills; and printing the date, time and transaction identifier on the separator. 3. The method of claim 1 wherein, when the plurality of bills is a first plurality of bills, the position is a first position and the separator is a first separator, the method further comprises: retracting a second plurality of bills dispensed from the ATM; transferring the second plurality of bills to the purge-bin; rotating the purge-bin about the axis to a second position with respect to the feeder network; storing the second plurality of bills on top of the first separator; and inserting a second separator on top of the second plurality of bills. 4. The method of claim 3 further comprising positioning the second plurality of bills perpendicular to the first plurality of bills. 5. The method of claim 4 wherein moving the purge-bin does not disturb the positioning of the first plurality of bills relative to the second plurality of bills. 6. The method of claim 1 further comprising: coupling the purge-bin to a validator; feeding contents of the purge-bin into the validator; and determining a value of the plurality of bills below the separator. 7. The method of claim 6 further comprising: generating a fraud record based on: the value; and a transaction identifier printed on the separator. 8. The method of claim 7 further comprising transmitting the fraud record to a financial institution in response to a mis-dispense claim received from the customer. 9. A method for stacking, in a purge-bin having a floor, a bill dispensed from an automated teller machine (“ATM”), the method comprising: retracting the bill; transferring the bill to the purge-bin using a feeder network of the ATM; storing the bill in the purge-bin; and rotating the purge-bin, about an axis normal to the floor, to a position relative to the feeder network. 10. The method of claim 9 , further comprising: correlating: a time and date of the retracting; and a transaction identifier associated with a dispensing of the bill; and printing the date, time and transaction identifier on a separator. 11. The method of claim 9 wherein, when the bill is a first bill and the position is a first position, the method further comprises: transferring a first separator to the purge-bin; positioning the first separator above the first bill; retracting a second bill dispensed from the ATM; transferring the second bill to the purge-bin; storing the second bill above the first separator; rotating the purge-bin about the axis to a second position with respect to the feeder network; and positioning a second separator above the second bill. 12. The method of claim 11 further comprising positioning the second bill perpendicular to the first bill. 13. The method of claim 12 wherein moving the purge-bin does not disturb the positioning of the first bill relative to the second bill. 14. The method of claim 11 further comprising: coupling the purge-bin to a validator; feeding contents of the purge-bin into the validator; and determining a value of the bill below the separator. 15. The method of claim 14 further comprising: generating a fraud record based on: the value; and the transaction identifier printed on the separator. 16. The method of claim 15 further comprising transmitting the fraud record to a financial institution in response to a mis-dispense claim received from the customer. 17. A method for stacking items in a purge-bin of an automated teller machine (“ATM”), the method comprising: retracting a first bill dispensed from the ATM; transferring the first bill to the purge-bin using a feeder network of the ATM; storing the first bill in the purge-bin; rotating the purge-bin, about an axis normal to a face of the bill, to a first position relative to the feeder network; retracting a second bill dispensed from the ATM; transferring the second bill to the purge-bin; and positioning the second bill above and perpendicular to the first bill. 18. The method of claim 17 , further comprising: generating a separator; transferring the separator to the purge-bin; positioning the separator above the first bill; correlating: a time and date of the retracting; and a transaction identifier associated with a dispensing of the first bill; and printing the date, time and transaction identifier on the separator. 19. The method of claim 17 wherein moving the purge-bin does not disturb the positioning of the first bill relative to the second bill. 20. The method of claim 17 further comprising: coupling the purge-bin to a validator; feeding contents of the purge-bin into the validator; and determining a value of the bill below the separator.

Assignees

Inventors

Classifications

  • Sorting or counting valuable papers · CPC title

  • involving automatic teller machines [ATMs] · CPC title

  • Feeding end plate or end sheet before formation or after completion of a pile · CPC title

  • Wall or kiosk dispenser, i.e. for positively handling or holding material until withdrawal by user · CPC title

  • G07F19/203Primary

    Dispensing operations within ATMs (dispensing in general G07D11/00) · CPC title

Patent family

Related publications grouped by family.

External sources

Frequently asked questions

Answers are generated from the same data shown on this page.

What does patent US9633343B2 cover?
Apparatus and methods for a stacking purge-bin (“SPB”) are provided. The SPB may be configured to rotate. The SPB may include a plurality of receiving sections. One or more tangible items retracted by the SSK may be stored in each receiving section. Rotating the SPB between each retraction may prevent tangible items from two consecutive retractions from being stored in a single receiving sectio…
Who is the assignee on this patent?
Bank Of America
What technology area does this patent fall under?
Primary CPC classification G06Q20/1085. Mapped technology areas include Physics.
When was this patent published?
Publication date Tue Apr 25 2017 00:00:00 GMT+0000 (Coordinated Universal Time) (B2). Legal status and post-grant events are not shown on this page.
What related patents are in patentsdb?
We list 8 related publications on this page (citations in our corpus or others sharing the same primary CPC).