Check accepting and cash dispensing automated banking machine that operates responsive to data bearing records

US7631802B1 · 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: Oct 20, 2008
• Grant date: Dec 15, 2009
• Expiry date: Oct 20, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/20
• WIPO field: Control
• WIPO sector: Instruments

Abstract

A banking system controlled responsive to data bearing records includes a card reader that reads identifying data from a user card. The banking system authorizes operation of an automated banking machine responsive to computer verification of the identifying data. The banking machine can dispense cash to an authorized machine user in a cash dispensing transaction, and have the user's bank account charged for the cash amount dispensed. The banking machine is also operative to accept checks and 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 machine in exchange for the deposited checks.