System and method for financial services device usage

• US 9,058,626 B1
• Filed: 11/13/2013
• Issued: 06/16/2015
• Est. Priority Date: 11/13/2013
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Nolan, Joseph Bradley, Budde, William, Miranda, Giancarlo, Donaho, Emma, Sheley, William Scott
• Primary Examiner(s): BEAUCHAINE, MARK J
• Application Number:
  US14/079,091
• Time in Patent Office: 580 Days
• Field of Search: 194/215, 194/216, 194/350, 209/534, 235/379, 902/9, 902/10, 902/12, 700/229, 109/23, 109/24.1, 109/38, 109/39, 705/17, 705/21, 705/22, 705/24, 705/43, 414/403, 414/411
• US Class Current: 1/1
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07D 11/009 Depositing devices
• CPC Class Codes: G07D 11/0096 Accepting paper currency or other valuables in containers, e.g. in code-marked envelopes
• CPC Class Codes: G07D 11/12 Containers for valuable papers
• CPC Class Codes: G07D 11/34 Monitoring the contents of devices, e.g. the number of stored valuable papers
• CPC Class Codes: G07D 13/00 Handling of coins or of valuable papers, characterised by a combination of mechanisms not covered by a single one of groups G07D1/00 - G07D11/00
• CPC Class Codes: G07D 2211/00 Paper-money handling devices
• CPC Class Codes: G07D 9/00 Counting coins in combination with coin-sorting G07D3/16; Handling of coins not provided for in the other groups of this subclass

Abstract

An intelligent process is provided for a business to interface with a financial institution. A container is provided that is capable of interfacing with a financial transaction device. The container may have one or more internal compartments sized to accommodate cash, coins, and/or checks. The container may be available in a variety of sizes. The container is capable of being sealed and locked in a tamper proof manner. A tracking device may be included with the container. The container may contain a computing device. The container may then be taken to a designated location having a financial transaction device with which the container can interface. The financial transaction device may be located at a branch of a financial institution or another location, such as at the business itself or at another location.

Claims

1. A computer implemented method, comprising:

receiving, by a financial services device, comprising at least one computer processor, a container from a business entity, wherein the container has an internal volume and is configured to hold contents comprising one or more of cash, coins, and checks and the container is received into a receptacle at the financial services device;

extracting, by the financial services device, the contents;

processing, by the financial service device, the contents;

verifying, by the financial services device, the contents of the container with an inventory of the contents; and

ejecting the container by the financial services device upon the contents not matching the inventory.

2. The method of claim 1, wherein the inventory is received electronically and separately from the container.

3. The method of claim 2, wherein the inventory is received prior to the receipt of the container by the financial services device.

4. The method of claim 1, wherein the inventory is stored in the container.

5. The method of claim 4, wherein the container stores the inventory electronically.

6. The method of claim 1, further comprising:

interfacing, by the financial services device, electronically with the container.

7. The method of claim 1, further comprising:

transmitting, electronically, a receipt following the processing of the contents.

8. The method of claim 1, wherein the financial services device is an automated teller machine.

9. The method of claim 1, wherein the financial service device is located at a branch of a financial institution.

10. The method of claim 1, wherein the financial services device is located at a location of the business entity.

11. The method of claim 10, wherein the container is configured for use with a point of sale device at the business entity.

12. The method of claim 1, wherein the financial service device is located proximate to a location of the business entity but separate and apart from a branch of a financial institution.

13. The method of claim 1, further comprising:

receiving, electronically, a withdrawal request for one or more of cash and coins from the business entity; and

inserting the one or more of cash and coins into the container in response to the withdrawal request prior to ejecting the container following processing of the contents.

15. The method of claim 1, wherein the container comprises at least one of a computer processor, computer memory, a display, and an input device integral to the container.

16. The method of claim 1, wherein the container comprises a tracking system integral to the container.

14. The method of 1, further comprising:

inspecting the container for tampering as part of the processing; and

ejecting the container upon detecting tampering.

17. A computer implemented method, comprising:

receiving, by a device, comprising at least one computer processor, a container associated with a business entity, wherein the container has an internal volume and is configured to hold contents comprising a first set of one or more of cash and coins and the container is received into a receptacle at the device and the device is located at a location of the business entity;

inserting one or more of cash and coins into the container in response to the receiving of the container, wherein the first set of one or more of cash and coins comprises an inventory for issuance to an employee for use during a course of business of the business entity;

locking the container following the inserting such that the container is sealed in a tamperproof manner; and

ejecting the container by the device following the locking.

18. The method of claim 17, further comprising:

receiving, by the device, the container, wherein the container has contents comprising a second set of at least one of cash and coins, wherein the second set comprises, at least in part, cash and coins collected by the business entity in the course of business;

extracting, by the device, the contents; and

processing, by the device, the contents.

19. The method of claim 18, further comprising:

ejecting the container by the device following the processing of the contents.

20. The method of claim 18, further comprising:

storing the container by the device following the processing of the contents.

21. The method of claim 17, wherein the container is configured to be inserted into a point of sale device.

22. The method of claim 21, wherein the container serves as a cash drawer for the point of sale device.

23. A computer implemented method, comprising:

receiving, by a financial services device, comprising at least one computer processor, a container from a customer of a financial institution associated with the financial services device, wherein the container has an internal volume and is configured to hold contents comprising one or more of cash, coins, and checks and the container is received into a receptacle at the financial services device and wherein further the container is paired with the customer;

extracting, by the financial services device, the contents;

processing, by the financial service device, the contents;

verifying, by the financial services device, the contents of the container with an inventory of the contents; and

ejecting the container upon the contents not matching the inventory.

24. The method of claim 23, further comprising:

ejecting the container upon completion of the processing.

25. The method of claim 24, further comprising:

receiving, electronically, a withdrawal request for one or more of cash and coins from the customer; and

inserting the one or more of cash and coins into the container in response to the withdrawal request prior to ejecting the container.

26. The method of claim 23, further comprising:

interfacing, by the financial services device, electronically with the container.

27. The method of claim 23, further comprising:

transmitting, electronically, a receipt to the customer following the processing of the contents.

28. The method of claim 23, wherein the financial services device is an automated teller machine.

29. The method of claim 23, wherein the financial service device is located at a branch of the financial institution.

30. The method of claim 23, wherein the financial service device is located separate and apart from a branch of the financial institution.