Systems and methods for financial operations performed at a contactless ATM

US10706400B1 · kind B1 · utility

Assignee

• Wells Fargo Bank, N.A. · US

Inventors

• Steven E. Puffer · Champlin, US
• Jerome Rhodes · Hayward, US
• Michael R. Thomas · San Francisco, US
• Hemesh Yadav · Charlotte, US

Key dates

• Filing date: Nov 20, 2017
• Grant date: Jul 7, 2020
• Expiry date: Dec 21, 2037

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/80
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

An automated teller machine (“ATM”) is associated with a financial institution (FI). The ATM includes a network interface circuit (“NFC”) enabling the ATM to exchange information over a network, an input/output device configured to exchange data with a mobile wallet circuit on a mobile device associated with a customer, and a processing circuit communicably engaged to the network interface circuit and the input/output circuit. The processing circuit includes a processor and a memory, the memory structured to store instructions that are executable by the processor. The instructions cause the processing circuit to receive, by the input/output device; a payment token from the mobile wallet circuit; determine whether the payment token is associated with the FI; in response to determining that the payment token is associated with the FI, detokenize the payment token to identify an customer account; and process an ATM transaction using the customer account.