Transaction storing and forwarding

US9547848B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Amy Baker Folk · Charlotte, US
• William Thomas Sanders · Denver, US
• Daniel Christopher Bohen · Charlotte, US
• Paul Martin Mattison · Sherrills Ford, US
• Shane Anthony Johnson · Charlotte, US
• Sandra Ruth Maas · Denver, US
• Kristen Ellen Asplund · Boulder, US
• Edward Christopher Mackey · Wading River, US
• Shelaine Marie Monkiewicz · Marietta, US

Key dates

• Filing date: Jun 23, 2015
• Grant date: Jan 17, 2017
• Expiry date: Jun 23, 2035

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/203
• WIPO field: Control
• WIPO sector: Instruments

Abstract

After loss of communications between a cash handling device and a financial institution, transactions may continue to be processed. In one configuration, the transactions may be processed up to a predefined transaction limit. Transaction limits may be defined by a number of transactions, a dollar amount transacted or to be transacted, an amount of time and/or combinations thereof. Additionally or alternatively, the transaction limit may be specific to one or more types of transactions. Transaction data may be stored in memory until communication has been re-established, at which time the data may be transmitted to the financial institution for processing.