Cash dispensing and check accepting ATM and method

US7577614B1 · kind B1 · utility

Assignee

• DIEBOLD, INC. · US

Inventors

• 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
• Mike Ryan · Canton, US
• James R. Kay · Uniontown, US
• Mark A. Ward · Canton, US
• David A. Peters · Tallmadge, US
• Tim Crews · Alliance, US

Key dates

• Filing date: Jan 19, 2005
• Grant date: Aug 18, 2009
• Expiry date: Dec 7, 2026

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/20
• 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 is then dispensed to the user from the ATM in exchange for the deposited check. The ATMs dispense cash responsive to communications with a transaction host. The transaction host provides transaction identifying data to the ATM. The ATM sends the transaction identifying data and check images to an image and transaction data server for processing.