Adaptive, predictive system for replenishing currency in ATMs

Details Adaptive, predictive system for replenishing currency in ATMs Adaptive, predictive system for replenishing currency in ATMs

2008-03-04

2008-03-04

Poinvil, Frantzy (Department: 3692)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C705S043000

Reexamination Certificate

active

09651983

ABSTRACT:
A method of operating Automated Teller Machines, ATMs. An ATM dispenses currency, thereby depleting its supply, and requiring replenishment. Replenishment currently involves humans who (1) measure the currency content of an ATM, (2) compute an amount to be replenished, and (3) report the amounts replenished, when replenishment occurs. These human actions are error-prone. The invention eliminates all three steps. Under the invention, no actual measurement is made of currency content, for replenishment purposes. Instead, the content is estimated. Then, the estimate is used to compute an amount for replenishment. Replenishment occurs, but the fact of replenishment is inferred from signals received from the ATM, and not from a report from a human.

REFERENCES:
patent: 5945602 (1999-08-01), Ross
patent: 6014649 (2000-01-01), Kobayashi et al.
patent: 6230928 (2001-05-01), Hanna et al.
patent: 6378770 (2002-04-01), Clark et al.
patent: 6607124 (2003-08-01), Junkins et al.

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