Transaction decisioning by an automated device

US10134019B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Charles F. Pigg · Plano, US
• Paul Cooley · San Diego, US
• Roberto Jose Dominguez · Thomasville, US
• Tommi Levi · Charlotte, US
• Paul Martin Mattison · Sherrills Ford, US

Key dates

• Filing date: Jun 5, 2015
• Grant date: Nov 20, 2018
• Expiry date: Apr 23, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/405
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Methods, systems, and computer-readable media for determining whether a check may be cashed at an automated teller machine (ATM) are provided. A user may request to cash a check at an ATM and check image data may be transmitted to a return deposit item computing platform. The computing platform may identify an account number of the account on which the check is drawn. Transaction data associated with the account may be retrieved by the computing platform and a number of occurrences of returned deposit items may be identified. The number of occurrences may be used to determine whether the check should be cashed.