ATM network resource exchange system

US10803454B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Rebecca Stepp Morgan · Charlottesville, US
• Shawn Cart Gunsolley · Charlotte, US
• Chad Ryan Compton · Manchester, US
• Eric Dryer · Charlotte, US

Key dates

• Filing date: May 1, 2019
• Grant date: Oct 13, 2020
• Expiry date: May 1, 2039

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/56
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

This disclosure illustrates that resource exchange requests may be identified and sent directly to ATMs. The service providers access the ATMs and are able to select the resource exchange request from the ATMs (e.g., electronically, or the like). The service providers transfer the resources at the ATMs, and reconcile the resources at the ATMs. The ATMs may send service provider and/or organization reconciliation notices confirming the reconciliations. In some embodiments, the reconciliation may be stored in a distributed ledger within a blockchain system.