US Patent Application 18232195. UNIVERSAL BUILT-IN CASSETTE ARRAY WITH CASH REBALANCING simplified abstract

From WikiPatents
Jump to navigation Jump to search

UNIVERSAL BUILT-IN CASSETTE ARRAY WITH CASH REBALANCING

Organization Name

Wells Fargo Bank, N.A.

Inventor(s)

Christian Mande of Charlotte NC (US)

Darren Goetz of Salinas CA (US)

Frank Digangi of San Francisco CA (US)

Dennis Montenegro of Concord CA (US)

UNIVERSAL BUILT-IN CASSETTE ARRAY WITH CASH REBALANCING - A simplified explanation of the abstract

This abstract first appeared for US patent application 18232195 titled 'UNIVERSAL BUILT-IN CASSETTE ARRAY WITH CASH REBALANCING

Simplified Explanation

The patent application describes a system that includes a housing computing system with processors and memory. When executed, the system performs operations including:

  • Generating a first storage data packet containing information about banknotes stored in a first universal cassette docked with a universal cassette housing.
  • Generating a second storage data packet containing information about banknotes stored in a second universal cassette docked with the universal cassette housing.
  • Transmitting the first and second storage data packets to a provider computing system.
  • Receiving rebalancing data from the provider computing system based on the storage data packets.
  • Initiating a transfer using a transport apparatus based on the rebalancing data to move banknotes from the first universal cassette to the second universal cassette.

This patent application introduces a system that automates the transfer of banknotes between universal cassettes in a housing computing system. The system collects information about the banknotes stored in each cassette and transmits it to a provider computing system. Based on this data, the provider computing system generates rebalancing instructions. The system then uses a transport apparatus to transfer banknotes between cassettes according to the rebalancing instructions. This innovation aims to streamline the management of banknotes in a secure and efficient manner.


Original Abstract Submitted

A system includes a housing computing system comprising one or more processors and memory storing instructions that, when executed by the one or more processors, cause the housing computing system to perform operations comprising generating a first storage data packet comprising information about banknotes stored in a first universal cassette docked with a universal cassette housing, generating a second storage data packet comprising information about banknotes stored in a second universal cassette docked with the universal cassette housing, transmitting the first storage data packet and the second storage data packet to a provider computing system, receiving from the provider computing system rebalancing data based on at least one of the first storage data packet or the second storage data packet, and causing a transport apparatus to initiate a transfer based on the rebalancing data to transfer a set of banknotes from the first universal cassette to the second universal cassette.

Retrieved from "http://wikipatents.org/index.php?title=US_Patent_Application_18232195._UNIVERSAL_BUILT-IN_CASSETTE_ARRAY_WITH_CASH_REBALANCING_simplified_abstract&oldid=15029"