System and method for financial services device usage

• US 9,460,469 B1
• Filed: 04/21/2015
• Issued: 10/04/2016
• 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: Donaho, Emma, Nolan, Joseph Bradley, Budde, William, Miranda, Giancarlo, Sheley, William Scott
• Primary Examiner(s): BEAUCHAINE, MARK J
• Application Number:
  US14/692,328
• Time in Patent Office: 532 Days
• Field of Search: 194/216, 194/217, 902/9, 902 11- 13, 902/20, 902/21, 700/215, 700/218, 235/130.R, 235/385
• 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. An apparatus, comprising:

a cylindrical container having an internal volume, the internal volume being configured to hold one or more of cash, coins, and checks;

a locking cover for sealing the container, wherein the locking cover is tamperproof;

a computer processor comprising computer memory, a display, and an input device integral to the container;

a tracking system integral to the container; and

the container being configured to engage with a financial services device through a receptacle comprising a tube, and establish an interface between the container and the financial services device during the mating such that the contents of the container are removed and processed by the financial services device.

2. The apparatus of claim 1, the container being further configured to engage with a point of sale device.

3. A financial services device, comprising:

a processor; and

a memory comprising computer-readable instructions which when executed by the processor cause the processor to perform the steps comprising;

receiving 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 the contents;

processing the contents;

verifying the contents of the container with an inventory of the contents; and

ejecting the container upon the contents not matching the inventory.

4. The system of claim 3, wherein the inventory is received electronically and separately from the container.

5. The system of claim 4, wherein the inventory is received prior to the receipt of the container by the financial services device.

6. The system of claim 3, wherein the inventory is stored in the container.

7. The system of claim 6, wherein the container stores the inventory electronically.

8. The system of claim 3, further comprising:

interfacing electronically with the container.

9. The system of claim 3, further comprising:

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

10. The system of claim 3, wherein the financial services device is an automated teller machine.

11. The system of claim 3, wherein the financial service device is located at a branch of a financial institution.

12. The system of claim 3, wherein the financial services device is located at a location of the business entity.

13. The system of claim 3, 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.

14. The system of claim 3, 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.