Apparatus, method and system for printing of legal currency and negotiable instruments

• US 5,570,465 A
• Filed: 04/20/1994
• Issued: 10/29/1996
• Est. Priority Date: 07/22/1993
• Status: Expired due to Fees

• Current Assignee: Peter J. Tsakanikas
• Original Assignee: Peter J. Tsakanikas
• Inventors: Tsakanikas, Peter J.
• Primary Examiner(s): Powell, Mark R.
• Assistant Examiner(s): SAX, STEVEN PAUL
• Application Number:
  US08/230,254
• Time in Patent Office: 923 Days
• Field of Search: 179/2, 395/117, 395/111, 395/115, 395/105, 379/144, 379/91, 379/100, 234/463, 364/401
• US Class Current: 358/1.15
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G07F 17/26 for printing, stamping, franking, typing or teleprinting apparatus ticket printing or the like apparatus G07F17/42
• CPC Class Codes: H04N 1/00127 Connection or combination of a still picture apparatus with another apparatus, e.g. for storage, processing or transmission of still picture signals or of information associated with a still picture
• CPC Class Codes: H04N 1/4406 Restricting access, e.g. according to user identity mechanisms actuated y cards, PIN or the like in apparatus for dispensing G07F7/08
• CPC Class Codes: H04N 1/4413 involving the use of passwords, ID codes or the like, e.g. PIN
• CPC Class Codes: H04N 2201/3233 of authentication information, e.g. digital signature, watermark
• CPC Class Codes: H04N 2201/3281 Encryption; Ciphering

Abstract

A global network computer system to print legal currency and/or negotiable instruments at a designated location by the input of information to the global network computer system from a remote location. The global network computer system can receive the input information from a telephone handset or terminal using a technique of selective generation of signals. Output signals from the global network computer can be sent to designated facsimile machines, laser printers, telecopiers or automated teller machines for printing the legal currency or negotiable instrument. The global network is also capable of storing and tracking greenback currency provided with a unique barcode.

Claims

1. An information processing system for transferring negotiable instruments, comprising:

user input means having a plurality of actuatable members thereon for producing a plurality of signals having different characteristics corresponding to the actuation of said actuatable members,

circuit means coupled with said user input means, responsive to the actuation of said actuatable members on said user input means for producing information signals,

system processor means for receiving and processing said information signals, and producing document output signals corresponding and configured for unique identification of a preselected negotiable instrument document corresponding to said information signals and for retaining an indicia of said unique identification and

code processor means connected to said system processor means for receiving said information signals and processing said signals to produce an authorization signal, and means for providing said authorization signal to said system processor means;

means for routing said output signals to second circuit means said second logic circuit means including converter means for converting said document output signals into document printing signals;

printing means coupled to said second circuit means for receiving said document printing signals and printing said negotiable instrument document in response to said document printing signals and including said unique identification.

2. The system of claim 1, wherein said circuit means further includes:

digital converter means for converting signals produced by said user input means into digital information, and

translator means responsive to said digital information for producing said information signals and including decoder means connected with said digital converter means.

3. The system of claim 1 wherein said code processor means is capable of verifying sufficient funds in a bank account.

4. The system of claim 1 wherein said authorization signal is authorized by a government agency.

5. The system of claim 1 wherein said negotiable instrument document is a legal currency.

6. The system of claim 1 wherein said negotiable instrument document is a negotiable instrument.

7. The system of claim 1 wherein said negotiable instrument document is selectable from the group consisting of:

legal currency, a stamp, a ticket and negotiable instruments.

8. The system of claim 1 wherein said printing means is a facsimile machine.

9. The system of claim 1 wherein said printing means is a laser printer.

10. The system of claim 1 wherein said system processor means includes security means for limiting access to the system.

11. The system of claim 1 wherein said user input means is a telephone at a location remote from said second circuit means and connected thereto by a telephone line.

12. The system of claim 11 wherein said printing means is at the same location as said telephone.

13. The system of claim 11 wherein said printing means is located remote from said telephone.

14. The system of claim 11 wherein said system processor means includes means to identify the location of said telephone.

15. The system of claim 1 wherein said system processor means includes means for obtaining authorization from a government agency for printing a legal currency, and means for converting a selected denomination of legal currency from a first country'"'"'s legal currency to a second country'"'"'s legal currency.

16. The system of claim 1 further including means for printing different denominations of legal currency.

21. The system of claim 1 wherein said second circuit means includes an automated teller machine.

22. The system of claim 21, wherein said printer is the printer within said automated teller machine.

23. The system of claim 21, wherein said printer is configured for external attachment to said automated teller machine.

17. An information processing system for generating negotiable instrument documents, comprising:

user input means for producing a plurality of document request signals, including user identification signals, input means identification signals and document valve signals;

circuit means coupled with said user input means for receipt of said document request signals and for producing document information signals corresponding to said document request signals,

processor means coupled to said circuit means for receiving and processing said document information signals, and producing document output signals corresponding to a preselected negotiable instrument document corresponding to said document information signals and means for routing said output signals to second circuit means for converting said document output signals into document printing signals;

wherein the combination of said document request signals, said document information signals, said document output signals and said negotiable instrument document printing signals establish a unique identity of said negotiable instrument document which include signals indicative of the value of said negotiable instrument document and indicative of a security code corresponding to said negotiable instrument document which includes elements corresponding to said use and to said input means; and

printing means coupled to said second circuit means for receiving said document printing signals and generating said negotiable instrument document in response to said document printing signals, wherein said negotiable instrument document includes;

indicia indicative of the value of said negotiable instrument document and

indicia indicative of said security code corresponding to said negotiable instrument document.

18. An information processing system for generating negotiable instrument documents, wherein:

each document has a unique, registered, user specific identity, and is generically redeemable upon verification of said registration, said system comprising;

user input means for producing a plurality of document request signals,

circuit means coupled with said user input means for receipt of said document request signals and for producing document information signals corresponding to said document request signals,

processor means coupled to said circuit means for receiving and processing said document information signals, and producing document output signals corresponding to a preselected negotiable instrument document corresponding to said document information signals and means for routing said output signals to second circuit means for converting said document output signals into document printing signals;

wherein said processor means generates a security code, including integrated segments corresponding to said user, and to the value of said negotiable instrument, corresponding to said negotiable instrument document and registers said security code with a designated registration repository in a manner corresponding to said negotiable instrument document and includes said security code as a portion of said document printing signals; and

printing means coupled to said second circuit means for receiving said document printing signals and generating said negotiable instrument document in response to said document printing signals, wherein said negotiable instrument document includes;

indicia indicative of the value of said negotiable instrument document,

the identity of said user of said negotiable instrument document, and

of said security code corresponding to said negotiable instrument document

redemption means connected to said designated registration repository for allowing generic redemption of said negotiable instrument document through verification of said security code.

19. The information processing system of claim 18, further including means for document verification, comprising:

data input means for receipt of said value indicia, said identity indicia and said security indicia, and

communication means for contacting said processor means to determine if said value, said identity and said security indicia correspond to a valid negotiable instrument document.

20. The information processing system of claim 19, wherein said data input means includes reader means for automated retrieval of said indicia from said negotiable instrument document.