Check accepting and cash dispensing automated banking machine system and method

US8157163B1 · 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: Dec 22, 2008
• Grant date: Apr 17, 2012
• Expiry date: Aug 31, 2030

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/202
• WIPO field: Control
• WIPO sector: Instruments

Abstract

An automated banking machine operates to carry out financial transactions responsive to data bearing records including account data read from user cards. The banking machine may accept checks and dispense cash to users. The machine is 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 machine in exchange for the deposited checks.