Automated Banking Machine Removable Storage Containers

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Solution Overview

Problem

Automated banking machines lack efficient methods for accepting, storing, and processing financial instruments like currency bills and checks, particularly in ensuring their authenticity and secure storage.

Innovation Solution

An automated banking machine system that reads data from user cards and manually input data to authorize transactions, uses sensors to image and authenticate financial instruments, and stores them in removable containers with contactless sensing for secure and organized storage.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If automated banking machines use traditional storage methods for financial instruments, then the structure is simple, but the efficiency and security of storing and processing financial instruments deteriorates

Engineering Contradiction:

Improveefficiency of storing and processing financial instrumentsVSAvoidstructure complexity

Core Design Contradiction:

ProductivityVSDevice complexity

Solution Approach 1:

The storage system is divided into multiple removable containers that can be independently removed and replaced. Each container holds a specific quantity of financial instruments, allowing for modular expansion and maintenance without affecting the entire system.

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

Multiple containers are nested within the automated banking machine housing, with containers placed inside a secure chest. This nested arrangement maximizes storage capacity while maintaining a compact overall structure.

Inventive Principle:

Principle #7Nested doll (Nesting)

2Reliability

If traditional authentication methods are used for financial instruments, then the system is simple, but the reliability of ensuring authenticity deteriorates

Engineering Contradiction:

Improveauthentication reliabilityVSAvoidauthentication system complexity

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The sensor system performs multiple authentication functions simultaneously - imaging the financial instrument, detecting magnetic properties, and verifying security features. This multi-functional approach increases reliability without proportionally increasing complexity.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

Traditional mechanical authentication methods are replaced with contactless sensing technology that uses magnetic fields and optical imaging to verify authenticity, improving reliability while reducing mechanical wear and complexity.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

3Ease of operation

If fixed storage containers are used, then the structure is simple, but the ease of servicing and container replacement deteriorates

Engineering Contradiction:

Improveease of servicingVSAvoidstorage system complexity

Core Design Contradiction:

Ease of operationVSDevice complexity

Solution Approach 1:

The storage containers are designed to be dynamically removable and replaceable, transitioning from a fixed state during operation to a removable state during servicing. This dynamic design allows maintenance personnel to quickly exchange containers without complex disassembly procedures.

Inventive Principle:

Principle #15Dynamics

Solution Approach 2:

The containers are extracted as separate, removable components from the main machine structure. This extraction allows servicing personnel to remove and replace containers independently, simplifying maintenance operations while adding modular complexity to the overall system.

Inventive Principle:

Principle #2Taking out (Extraction)

4Productivity

If manual handling of financial instruments is used, then the system is simple, but the productivity and security of transaction processing deteriorates

Engineering Contradiction:

Improvetransaction processing speedVSAvoidautomation system complexity

Core Design Contradiction:

ProductivityVSDevice complexity

Solution Approach 1:

The automated banking machine performs self-service functions including automatic authentication of financial instruments, monitoring of container fill levels, and tracking of transaction histories. This automation increases processing speed while the modular design keeps complexity manageable.

Inventive Principle:

Principle #25Self-service

Data Source

PatentUS8733634B1Banking system controlled responsive to data bearing records

Publication Date: 2014.05.27 DIEBOLD NIXDORF INCORPORATED

AI summary

An automated banking machine is operative to cause financial transfers responsive at least in part to data read from data bearing records. The automated banking machine includes a card reader that is operative to read card data from user cards corresponding to financial accounts. The automated banking machine is operative to cause a determination to be made that read card data corresponds to stored data for an account authorized to carry out transactions that transfer and/or allocate funds between accounts. The automated banking machine is further operative to provide users with a receipt for transactions conducted. The automated banking machine is operative to cause the value of cash dispensed or received to be assessed or credited to the financial accounts corresponding to card data.