SYSTEM FOR PROCESSING DEPOSIT OF RESOURCES WITH A RESOURCE MANAGEMENT SYSTEM

• US 20180336538A1
• Filed: 05/18/2017
• Published: 11/22/2018
• Est. Priority Date: 05/18/2017
• Status: Active Application

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Cantley, Kerry Michelle, Koval, David Joseph, Owes, Keith Dion, Carter, Brett C., Pierce, JR., James Wayland, Bunn, Kim Leah, Sullivan, Sherri, Wallace, Matthew Joseph, Smith, Veronica
• Application Number:
  US15/598,589
• Publication Number:
  US 20180336538A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/325 using wireless networks
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A system for processing tangible resources comprises a network communication interface and a memory device storing a resource deposit application. A processing device is operatively coupled to the memory device to execute computer-readable program code to: receive a request to process a tangible resource from a user; receive an image including identifiable information of the tangible resource; determine the validity of the request; and, upon determination that the request is valid, process the tangible resource without having physical custody of the tangible resource. The system also may include a user device including a network communication interface and a memory device storing a resource processing application. A processing device is operatively coupled to the memory device to execute computer-readable program code to: log into the tangible resource transfer processing system; transmit the request to process a tangible resource to a system; and transmit the image.

Claims

1. A system for processing a tangible resource, the system comprising:

a network communication interface;

a memory device storing a tangible resource transfer processing application; and

a processing device operatively coupled to the memory device, wherein the processing device is configured to execute computer-readable program code to;

receive a request to process a tangible resource from a user;

receive an image including identifiable information of the tangible resource;

determine a validity of the request; and

upon determination that the request is valid, process the tangible resource without having physical custody of the tangible resource.

2. The system of claim 1, wherein the tangible resource comprises cash.

3. The system of claim 2, wherein the identifiable information comprises a serial number of the cash.

4. The system of claim 2, wherein the image comprises an image of the cash.

5. The system of claim 2, wherein the one or more processing devices are further configured to execute computer-readable program code to deposit the cash with a financial institution.

6. The system of claim 1, wherein the request to process the tangible resource is received from at least one of a mobile device and a personal computing device.

7. The system of claim 1, wherein the one or more processing devices are further configured to execute computer-readable program code to receive physical custody of the tangible resource after processing the tangible resource.

8. The system of claim 1, wherein the validity of the request is determined using input from a resource tracking system.

9. The system of claim 1, wherein the validity of the request is determined using a status of the user.

10. The system of claim 1, further comprising transmitting a confirmation to the user after completing processing the request.

11. A computer implemented method for processing a tangible resource, the method comprising:

receiving a request to process of a tangible resource from a user;

receiving an image including identifiable information of the tangible resource;

determining a validity of the request; and

upon determining that the request is valid, processing the tangible resource without having physical custody of the tangible resource.

12. The computer implemented method of claim 11, wherein the tangible resource comprises cash.

13. The computer implemented method of claim 12, wherein the identifiable information comprises a serial number of the cash.

14. The computer implemented method of claim 12, wherein the image comprises an image of the cash.

15. The computer implemented method of claim 12, further comprising depositing the cash with a financial institution.

16. The computer implemented method of claim 11, further comprising receiving physical custody of the tangible resource after processing the tangible resource.

17. The computer implemented method of claim 11, wherein determining the validity of the request comprises using input from a resource tracking system.

18. The computer implemented method of claim 11, wherein determining the validity of the request comprises using a status of the user.

19. A computer program product for processing a tangible resource, the computer program product comprising at least one non-transitory computer readable medium comprising computer readable instructions, the instructions comprising instructions for:

receiving a request to process of a tangible resource from a user;

receiving an image including identifiable information of the tangible resource;

determining a validity of the request; and

upon determining that the request is valid, processing the tangible resource without having physical custody of the tangible resource.

20. The computer program product of claim 19, wherein the image comprises an image of the cash.