Atm control system and method

G - Physics – 07 – F

Patent

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Details

G07F 19/00 (2006.01)

Patent

CA 2264473

A computerized control system and method is disclosed for operating a plurality of ATM's that may include hundreds or thousands of ATM's operating over a wide area in different cities and states. The computer program of the present invention keeps track of the numerous entities, terminal data, and transaction data associated with each ATM in the system and provides for communications to these different entities to thereby efficiently control operation of each ATM. Entities tracked for each ATM include funding bank, receiving bank, armored car service armored car service substation, owner, distributor, vault cash insurance provider, damage insurance provider, monitoring personnel and other contacts. The system automates communications between such entities and can communicate reports, cash orders, and shipping manifests by e- mail and by fax at selected times and dates. The system controls ATM transition events in an orderly manner such as changes of terminal ID, terminal location, ownership, funding banks, processors, and so forth. The control system analyzes cash transaction histories for each ATM and projects cash needed to allow the ATM to dispense cash for a specified period without holding excessive cash. The forecasted cash needs may be selectively used and transmitted at selectable tunes and by various means including facsimile as cash orders or shipping manifests to vendors such as the finding bank, armored car service, and armored car service substation.

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