Check accepting and cash dispensing automated banking machine system and method

US7469824B1 · kind B1 · utility

Assignee

• DIEBOLD, INC. · US

Inventors

• Tim Crews · Alliance, US
• Keith Carpenter · Akron, US
• Mike Ryan · Canton, US
• Laura Drozda · North Canton, US
• Wayne Warren · Akron, US
• Victor Bell · Alliance, US
• William McCarthy · Uniontown, US
• Matthew Pahl · Akron, US
• Martin J. Brown · Victoria, CA
• Dale H. Blackson · Highland Heights, US
• Todd Galloway · North Canton, US
• Robert W. Barnett · Louisville, US
• James R. Kay · Uniontown, US
• Mark A. Ward · Canton, US
• David A. Peters · Tallmadge, US
• Edward L. Laskowski · Seven Hills, US
• H. Thomas Graef · Bolivar, US

Key dates

• Filing date: Jun 27, 2005
• Grant date: Dec 30, 2008
• Expiry date: Jan 16, 2027

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/203
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

An automated banking machine system and method includes ATMs which accept checks and dispense cash to users. The ATMs are operated to acquire image and magnetic data from deposited checks to determine the genuineness of checks and the authority of a user to receive cash for such checks. Cash may be dispensed to the user from the ATM in exchange for the deposited checks.