Banking systems controlled by data bearing records

• US 10,157,515 B2
• Filed: 06/19/2017
• Issued: 12/18/2018
• Est. Priority Date: 04/15/2016
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Brancaccio, Joan C.
• Primary Examiner(s): Hess, Daniel A
• Application Number:
  US15/626,269
• Publication Number:
  US 20170301190A1
• Time in Patent Office: 547 Days
• Field of Search: 235379, 705 39
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G07D 11/16 Handling of valuable papers within containers G07D11/13
• CPC Class Codes: G07F 19/202 Depositing operations within ATMs depositing in general G07D11/00
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00

Abstract

A cash handling device may receive a request to perform a deposit transaction at a deployment location of the device. The device may receive at least one deposit item. The device may validate the at least one deposit item and generate a deposit transaction record, which may include information directing a server to apply a provisional credit to at least one treasury account. The device may send the deposit transaction record to the server. The device may receive a request to perform a change order transaction and may receive at least one change order item. The device may validate the at least one change order item and may dispense one or more currency items to complete the change order transaction. The device may generate and send, to the server, a change order transaction record, which may include information directing the server to update one or more transaction history records.

Claims

1. A cash handling device, comprising:

at least one processor;

a communication interface communicatively coupled to the at least one processor;

an item accepting device communicatively coupled to the at least one processor;

an item dispensing device communicatively coupled to the at least one processor; and

memory storing computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to;

receive, via the communication interface, and from at least one banking server, configuration information defining one or more configuration settings for the cash handling device;

store the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server, wherein the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server defines one or more alert thresholds;

receive, from a first user of the cash handling device, a request to perform a deposit transaction at a deployment location of the cash handling device;

based on receiving the request to perform the deposit transaction at the deployment location of the cash handling device, receive, via the item accepting device, at least one deposit item for deposit at the deployment location of the cash handling device;

validate the at least one deposit item received for deposit at the deployment location of the cash handling device;

based on validating the at least one deposit item received for deposit at the deployment location of the cash handling device, generate a deposit transaction record associated with the request to perform the deposit transaction, the deposit transaction record comprising deposit information directing the at least one banking server to apply a provisional credit to at least one treasury account associated with the first user of the cash handling device;

send, via the communication interface, and to the at least one banking server, the deposit transaction record;

receive, from a second user of the cash handling device, a request to perform a change order transaction at the deployment location of the cash handling device;

based on receiving the request to perform the change order transaction at the deployment location of the cash handling device, receive, via the item accepting device, at least one change order item for exchange at the deployment location of the cash handling device;

validate the at least one change order item received for exchange at the deployment location of the cash handling device;

based on validating the at least one change order item received for exchange at the deployment location of the cash handling device, dispense, via the item dispensing device, one or more currency items to complete the change order transaction;

generate a change order transaction record associated with the request to perform the change order transaction, the change order transaction record comprising change order information directing the at least one banking server to update one or more transaction history records associated with the second user of the cash handling device; and

send, via the communication interface, and to the at least one banking server, the change order transaction record,

wherein the one or more alert thresholds defined by the configuration information received from the at least one banking server comprise a first alert threshold for identifying when restocking is required at the cash handling device, a second alert threshold for identifying when inspecting is needed at the cash handling device, and a third alert threshold for indicating when an expected deposit transaction has been missed at the cash handling device, and

wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises generating at least one deposit alert based on the one or more alert thresholds defined by the configuration information received from the at least one banking server.

2. The cash handling device of claim 1, wherein the deployment location of the cash handling device is a retail banking center operated by a financial institution.

3. The cash handling device of claim 1, wherein the deployment location of the cash handling device is a shopping mall in which a plurality of retailers operate retail stores.

4. The cash handling device of claim 1, wherein the at least one deposit item received for deposit comprises one or more currency notes.

5. The cash handling device of claim 1, wherein the at least one deposit item received for deposit comprises one or more currency coins.

6. The cash handling device of claim 1, wherein the at least one deposit item received for deposit comprises one or more checks.

7. The cash handling device of claim 1, wherein the deposit information directs the at least one banking server to credit the at least one treasury account associated with the first user of the cash handling device with an amount of funds associated with the at least one deposit item received for deposit at the deployment location of the cash handling device and validated by the cash handling device.

8. The cash handling device of claim 1, wherein the at least one change order item received for exchange comprises one or more currency notes.

9. The cash handling device of claim 1, wherein the at least one change order item received for exchange comprises one or more currency coins.

10. The cash handling device of claim 1, wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:

receive, from a third user of the cash handling device, input defining one or more additional configuration settings for the cash handling device; and

store additional configuration information based on receiving the input defining the one or more additional configuration settings for the cash handling device from the third user of the cash handling device.

11. The cash handling device of claim 1,

wherein the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server defines one or more usage limits,

wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises enforcing the one or more usage limits defined by the configuration information received from the at least one banking server, and

wherein validating the at least one change order item received for exchange at the deployment location of the cash handling device comprises enforcing the one or more usage limits defined by the configuration information received from the at least one banking server.

12. The cash handling device of claim 1,

wherein validating the at least one change order item received for exchange at the deployment location of the cash handling device comprises generating at least one exchange alert based on the one or more alert thresholds defined by the configuration information received from the at least one banking server.

13. The cash handling device of claim 1, wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:

receive, via the communication interface, and from the at least one banking server, user profile information defining one or more user settings for the cash handling device; and

store the user profile information defining the one or more user settings for the cash handling device received from the at least one banking server.

14. The cash handling device of claim 13, wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:

prior to receiving the request to perform the deposit transaction at the deployment location of the cash handling device, authenticate the first user of the cash handling device based on the user profile information defining the one or more user settings for the cash handling device received from the at least one banking server; and

prior to receiving the request to perform the change order transaction at the deployment location of the cash handling device, authenticate the second user of the cash handling device based on the user profile information defining the one or more user settings for the cash handling device received from the at least one banking server.

15. The cash handling device of claim 1, wherein the memory stores additional computer-readable instructions that, when executed by the at least one processor, cause the cash handling device to:

based on validating the at least one deposit item received for deposit at the deployment location of the cash handling device, provide a deposit receipt associated with the request to perform the deposit transaction; and

based on validating the at least one change order item received for exchange at the deployment location of the cash handling device, provide an exchange receipt associated with the request to perform the change order transaction.

16. A method, comprising:

at a cash handling device comprising at least one processor, a communication interface, an item accepting device, an item dispensing device, and a memory;

receiving, by the cash handling device, via the communication interface, and from at least one banking server, configuration information defining one or more configuration settings for the cash handling device;

storing, by the cash handling device, the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server, wherein the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server defines one or more alert thresholds;

receiving, by the cash handling device, from a first user of the cash handling device, a request to perform a deposit transaction at a deployment location of the cash handling device;

based on receiving the request to perform the deposit transaction at the deployment location of the cash handling device, receiving, by the cash handling device, via the item accepting device, at least one deposit item for deposit at the deployment location of the cash handling device;

validating, by the cash handling device, the at least one deposit item received for deposit at the deployment location of the cash handling device;

based on validating the at least one deposit item received for deposit at the deployment location of the cash handling device, generating, by the cash handling device, a deposit transaction record associated with the request to perform the deposit transaction, the deposit transaction record comprising deposit information directing the at least one banking server to apply a provisional credit to at least one treasury account associated with the first user of the cash handling device;

sending, by the cash handling device, via the communication interface, and to the at least one banking server, the deposit transaction record;

receiving, by the cash handling device, from a second user of the cash handling device, a request to perform a change order transaction at the deployment location of the cash handling device;

based on receiving the request to perform the change order transaction at the deployment location of the cash handling device, receiving, by the cash handling device, via the item accepting device, at least one change order item for exchange at the deployment location of the cash handling device;

validating, by the cash handling device, the at least one change order item received for exchange at the deployment location of the cash handling device;

based on validating the at least one change order item received for exchange at the deployment location of the cash handling device, dispensing, by the cash handling device, via the item dispensing device, one or more currency items to complete the change order transaction;

generating, by the cash handling device, a change order transaction record associated with the request to perform the change order transaction, the change order transaction record comprising change order information directing the at least one banking server to update one or more transaction history records associated with the second user of the cash handling device; and

sending, by the cash handling device, via the communication interface, and to the at least one banking server, the change order transaction record,

wherein the one or more alert thresholds defined by the configuration information received from the at least one banking server comprise a first alert threshold for identifying when restocking is required at the cash handling device, a second alert threshold for identifying when inspecting is needed at the cash handling device, and a third alert threshold for indicating when an expected deposit transaction has been missed at the cash handling device, and

wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises generating at least one deposit alert based on the one or more alert thresholds defined by the configuration information received from the at least one banking server.

17. The method of claim 16, wherein the deployment location of the cash handling device is a retail banking center operated by a financial institution.

18. One or more non-transitory computer-readable media storing instructions that, when executed by a cash handling device comprising at least one processor, a communication interface, an item accepting device, an item dispensing device, and a memory, cause the cash handling device to:

receive, via the communication interface, and from at least one banking server, configuration information defining one or more configuration settings for the cash handling device;

store the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server, wherein the configuration information defining the one or more configuration settings for the cash handling device received from the at least one banking server defines one or more alert thresholds;

receive, from a first user of the cash handling device, a request to perform a deposit transaction at a deployment location of the cash handling device;

based on receiving the request to perform the deposit transaction at the deployment location of the cash handling device, receive, via the item accepting device, at least one deposit item for deposit at the deployment location of the cash handling device;

validate the at least one deposit item received for deposit at the deployment location of the cash handling device;

based on validating the at least one deposit item received for deposit at the deployment location of the cash handling device, generate a deposit transaction record associated with the request to perform the deposit transaction, the deposit transaction record comprising deposit information directing the at least one banking server to apply a provisional credit to at least one treasury account associated with the first user of the cash handling device;

send, via the communication interface, and to the at least one banking server, the deposit transaction record;

receive, from a second user of the cash handling device, a request to perform a change order transaction at the deployment location of the cash handling device;

based on receiving the request to perform the change order transaction at the deployment location of the cash handling device, receive, via the item accepting device, at least one change order item for exchange at the deployment location of the cash handling device;

validate the at least one change order item received for exchange at the deployment location of the cash handling device;

based on validating the at least one change order item received for exchange at the deployment location of the cash handling device, dispense, via the item dispensing device, one or more currency items to complete the change order transaction;

generate a change order transaction record associated with the request to perform the change order transaction, the change order transaction record comprising change order information directing the at least one banking server to update one or more transaction history records associated with the second user of the cash handling device; and

send, via the communication interface, and to the at least one banking server, the change order transaction record,

wherein the one or more alert thresholds defined by the configuration information received from the at least one banking server comprise a first alert threshold for identifying when restocking is required at the cash handling device, a second alert threshold for identifying when inspecting is needed at the cash handling device, and a third alert threshold for indicating when an expected deposit transaction has been missed at the cash handling device, and

wherein validating the at least one deposit item received for deposit at the deployment location of the cash handling device comprises generating at least one deposit alert based on the one or more alert thresholds defined by the configuration information received from the at least one banking server.