Systems and methods for distributed currency management

• US 10,402,799 B1
• Filed: 04/12/2016
• Issued: 09/03/2019
• Est. Priority Date: 04/15/2014
• Status: Active Grant

• Current Assignee: United Services Automobile Association
• Original Assignee: United Services Automobile Association
• Inventors: Burks, Rickey D., Oakes, III, Charles L., Billman, Bradly J., Reedy, Matthew C., Castiglione, Anthony G., Gingrich, Jess W., Samuel, Wilson, Hartman, Wayne Maurice
• Primary Examiner(s): Subramanian, Narayanswamy
• Application Number:
  US15/096,510
• Time in Patent Office: 1,239 Days
• Field of Search: None
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 30/0237 at kiosk
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00

Abstract

A method of utilizing a processing device to manage a currency-management system. A characteristic of a user is identified by utilization of a first sensor which is associated with the user. A state of a first currency dispenser is identified through utilization of a second sensor which is associated with the currency dispenser. Based on at least one of the characteristic and the state, information is identified to send to the user. Information is caused to be output from a user device.

Claims

1. A method of utilizing a processing device to manage a currency-management system, the method comprising executing instructions by a processor of the processing device to effectuate operations comprising:

identifying characteristics of a user by utilization of a first sensor which is associated with the user, wherein the characteristics include a location of the user;

determining an approximation of physical currency in possession of the user based on the location;

identifying a state of a first currency dispenser through utilization of a second sensor which is associated with the currency dispenser;

identifying a frequency at which the user has previously distributed currency to any currency dispenser system managed by the currency management system;

based on the characteristics and the state, identifying information to provide to the user, wherein the information includes an incentive for the user to distribute currency to the currency dispenser system, wherein a value of the incentive is proportional to the frequency at which the user has distributed currency to the currency dispenser system; and

causing the information to be output from a user device.

2. The method of claim 1, wherein the step of determining comprises comparing the location of the user to a currency store source.

3. The method of claim 1, wherein the step of determining comprises comparing the location of the user to a location of an event.

4. The method of claim 1, wherein the state relates to an amount of currency present in the currency dispenser.

5. The method of claim 1, wherein the state relates to an average transaction time at the currency dispenser.

6. The method of claim 1, wherein, in response to the user not distributing the currency within a predetermined time period, the incentive is reduced.

7. The method of claim 6, wherein the value is reduced to zero.

8. The method of claim 1, wherein the step of causing the information to be output includes transmitting the information to a plurality of others, the operations effectuated by the processor further comprising:

receiving at least one bid originating from a user interface operated by at least one of a plurality of users including the user;

selecting a selected bid from the user; and

sending information that indicates the selection of the selected bid to at least one of the plurality of users including the user.

9. The method of claim 8, wherein the at least one bid comprises a time factor and an amount of currency.

10. The method of claim 9, wherein the time factor indicates a time period by which the user agrees to perform an action.

11. The method of claim 10, wherein the action comprises one of depositing and withdrawing the amount of currency from the currency dispenser.

12. The method of claim 1, wherein the first sensor is a location tracking sensor.

13. A non-transitory computer-readable medium having instructions stored thereon executed by a processor to:

identify characteristics of a user by utilization of a first sensor which is associated with the user, wherein the characteristics include a location of the user;

determine an approximation of physical currency in possession of the user based on the location;

identify a status of a first currency dispenser through utilization of a second sensor which is associated with the currency dispenser;

identify a frequency at which the user has previously distributed currency to any currency dispenser system managed by the currency management system;

based on the characteristics and the status, identify information to send to the user wherein the information includes an incentive for the user to distribute currency to the currency dispenser system, wherein a value of the incentive is proportional to the frequency at which the user has distributed currency to the currency dispenser system; and

cause the information to be electronically presented to the user.

14. The non-transitory medium of claim 13, wherein the characteristics are identified through utilization of information that the user is moving from a location.

15. The non-transitory medium of claim 13, wherein the characteristics are identified through utilization of information that the user is at an event.