System, Apparatus, and Methods for Currency Processing Control and Redemption

• US 20110270695A1
• Filed: 07/14/2011
• Published: 11/03/2011
• Est. Priority Date: 03/23/2006
• Status: Active Grant

• Current Assignee: Cummins-Allison Corporation (Crane Company)
• Original Assignee: Cummins-Allison Corporation (Crane Company)
• Inventors: Blake, John R., Mennie, Douglas U., Jones, William J., Hallowell, Curtis W.
• Granted Patent: US 8,959,029 B2
• Time in Patent Office: Days
• US Class Current: 705/18
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

A coin processing and redemption system includes a coin processing machine configured to receive a batch of coins in an input region and process the batch of coins to determine a value thereof. A dispensing device is provided and is configured to output a redemption ticket bearing a code. The coin processing machine is configured to associate the redemption ticket code with a coin processing transaction prior to the determination of a value of a batch of coins.

Claims

1. A method for associating a currency processing event on a currency processing machine with a user, comprising the acts of:

receiving a user'"'"'s first biometric input in a biometric input device operatively associated with the currency processing machine;

storing the user'"'"'s first biometric input in a computer-readable memory device;

processing a batch of currency using the currency processing machine, the currency processing machine comprising a currency processing device configured to sort the batch of currency and determine a total value of the batch of currency;

storing data relating to the batch of currency processed on the currency processing machine on the computer-readable memory device in association with the user'"'"'s first biometric input;

associating, in the computer-readable memory device, data relating to the batch of currency processed on the currency processing machine with the user'"'"'s first biometric input;

receiving a user'"'"'s second biometric input in another biometric input device;

storing the user'"'"'s second biometric input in the computer-readable memory device;

retrieving from the computer-readable memory device, using a processing device, the user'"'"'s first biometric input in association with a redemption operation; and

comparing the retrieved biometric input, using the processing device, at a redemption location.

2. The method for associating a currency processing event on a currency processing machine with a user according to claim 1, further comprising:

redeeming the value associated with the processed batch of currency responsive to a favorable comparison of the user'"'"'s first biometric input and the user'"'"'s second biometric input by the processing device.

3. The method for associating a currency processing event on a currency processing machine with a user according to claim 2,

wherein the currency processing machine is a currency-redemption machine, and

wherein the biometric input device is disposed at the currency-redemption machine.

4. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, further comprising:

updating, in the computer-readable memory device, the data relating to the batch of currency processed on the currency processing machine, in response to the act of redeeming.

5. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, wherein the biometric input device is disposed at an ATM.

6. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, wherein the another biometric input device is disposed at a POS terminal.

7. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, wherein the another biometric input device is disposed at a vending machine.

8. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, further comprising:

deleting the user'"'"'s first biometric input and the user'"'"'s second biometric input responsive to the redemption of the value associated with the processed batch of currency.

9. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, wherein the currency comprises bills.

10. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, wherein the currency comprises coins.

11. The method for associating a currency processing event on a currency processing machine with a user according to claim 2, wherein the currency comprises coins and bills.

12. A method for associating a currency processing event on a funds processing machine with a user, comprising the acts of:

receiving a user'"'"'s first biometric input in a biometric input device operatively associated with the funds processing machine;

storing the user'"'"'s first biometric input in a computer-readable memory device;

processing a batch of funds using the funds processing machine, the funds processing machine comprising a funds processing device configured to sort the batch of funds and determine a total value of the batch of fund;

storing data relating to the batch of funds processed on the funds processing machine on the computer-readable memory device in association with the user'"'"'s first biometric input;

associating, in the computer-readable memory device, data relating to the batch of funds processed on the funds processing machine with the user'"'"'s first biometric input;

receiving a user'"'"'s second biometric input in another biometric input device;

storing the user'"'"'s second biometric input in the computer-readable memory device;

retrieving from the computer-readable memory device, using a processing device, the user'"'"'s first biometric input in association with a redemption operation; and

comparing the retrieved biometric input, using the processing device, at a redemption location.

13. The method for associating a funds processing event on a funds processing machine with a user according to claim 12, further comprising:

redeeming the value associated with the processed batch of funds responsive to a favorable comparison of the user'"'"'s first biometric input and the user'"'"'s second biometric input by the processing device.

14. The method for associating a funds processing event on a funds processing machine with a user according to claim 13,

wherein the funds processing machine is a fund-redemption machine, and

wherein the biometric input device is disposed at the fund-redemption machine.

15. The method for associating a funds processing event on a funds processing machine with a user according to claim 13, further comprising:

updating, in the computer-readable memory device, the data relating to the batch of funds processed on the funds processing machine, in response to the act of redeeming.

16. The method for associating a funds processing event on a funds processing machine with a user according to claim 13, wherein the biometric input device is disposed at an ATM.

17. The method for associating a funds processing event on a funds processing machine with a user according to claim 13, wherein the another biometric input device is disposed at a POS terminal.

18. The method for associating a funds processing event on a funds processing machine with a user according to claim 13, wherein the another biometric input device is disposed at a vending machine.

19. The method for associating a funds processing event on a funds processing machine with a user according to claim 13, further comprising:

deleting the user'"'"'s first biometric input and the user'"'"'s second biometric input responsive to the redemption of the value associated with the processed batch of fund.

20. The method for associating a funds processing event on a funds processing machine with a user according to claim 13, wherein the funds comprises coins, bills, or a combination of coins and bills.