Patents by Inventor Michael L. Sears
Michael L. Sears has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
-
Patent number: 9378490Abstract: A method and system provides for scanning a check and/or cash to create an electronic image of the front and the back of the check and/or cash. The image is then processed and transmitted electronically to a central location. The image may be recreated into a paper form at the central location, resembling the original paper check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. Paperless processing of checks and cash is thus provided, including local voiding and storage of the check without requiring immediate pickup, while still allowing the transaction to be process.Type: GrantFiled: August 13, 2010Date of Patent: June 28, 2016Assignee: Citicorp Credit Services, Inc. (USA)Inventors: Alan Slater, Michael L. Sears, Phoebe Rin-Rin Hsu, Cuong D. Do, H. Patrick McSharry, Edward M. R. Dudasik, Stephen M. Gryte, Robert O. Brooks
-
Patent number: 8554672Abstract: A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.Type: GrantFiled: December 27, 2012Date of Patent: October 8, 2013Assignee: Citicorp Development Center, Inc.Inventors: Carol J. Rizzo, Phoebe Rin-Rin Hsu, Michael L. Sears
-
Patent number: 8364589Abstract: A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.Type: GrantFiled: September 6, 2011Date of Patent: January 29, 2013Assignee: Citicorp Development Center, Inc.Inventors: Carol J. Rizzo, Phoebe Rin-Rin Hsu, Michael L. Sears
-
Publication number: 20110320351Abstract: A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.Type: ApplicationFiled: September 6, 2011Publication date: December 29, 2011Inventors: Carol J. RIZZO, Phoebe Rin-Rin HSU, Michael L. SEARS
-
Patent number: 8065226Abstract: A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.Type: GrantFiled: July 20, 2001Date of Patent: November 22, 2011Assignee: Citicorp Development Center, Inc.Inventors: Carol J. Rizzo, Phoebe Rin-Rin Hsu, Michael L. Sears
-
Publication number: 20100306111Abstract: A method and system provides for scanning a check and/or cash to create an electronic image of the front and the back of the check and/or cash. The image is then processed and transmitted electronically to a central location. The image may be recreated into a paper form at the central location, resembling the original paper check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. Paperless processing of checks and cash is thus provided, including local voiding and storage of the check without requiring immediate pickup, while still allowing the transaction to be process.Type: ApplicationFiled: August 13, 2010Publication date: December 2, 2010Inventors: Alan Slater, Michael L. Sears, Phoebe Rin-Rin Hsu, Cuong D. Do, H. Patrick McSharry, Edward M.R. Dudasik, Stephen M. Gryte, Robert O. Brooks
-
Patent number: 7792753Abstract: A method and system provides for scanning a check and/or cash to create an electronic image of the front and the back of the check and/or cash. The image is then processed and transmitted electronically to a central location. The image may be recreated into a paper form at the central location, resembling the original paper check or cash, including a machine-readable regeneration of the MICR code line data captured from the original instrument. Paperless processing of checks and cash is thus provided, including local voiding and storage of the check without requiring immediate pickup, while still allowing the transaction to be process.Type: GrantFiled: July 7, 1999Date of Patent: September 7, 2010Assignees: Citibank, N.A., Citicorp Development Center, Inc.Inventors: Alan Slater, Michael L. Sears, Phoebe Rin-Rin Hsu, Cuong D. Do, H. Patrick McSharry, Edward M. R. Dudasik, Stephen M. Gryte, Robert O. Brooks
-
Patent number: 6527171Abstract: The present invention pertains to a system and method for assisting a visually impaired individual in performing a financial transaction at an automated teller machine, comprising initiating a visually impaired transaction session through a preset event at the automated teller machine; wherein the automated teller machine comprises a touch screen display for displaying operation instructions to a customer and for receiving input from a customer; an output jack for providing signals which can be converted to audible sounds by means of a headset; a bill dispensing mechanism for dispensing a bank not corresponding to a specified amount; a receipt issuing unit for printing a transaction content and for issuing a receipt on which the transaction content is printed; and a controller connected to the card reader, the touch screen display, the output jack, the bill dispensing unit, and the receipt issuing unit, the controller providing signals to the output jack corresponding to information provided on the touch screType: GrantFiled: September 22, 2000Date of Patent: March 4, 2003Assignee: Citicorp Development Center Inc.Inventors: Robert Brooks, Edward M. R. Dudasik, Stephen M. Gryte, Michael L. Sears
-
Patent number: 6502746Abstract: A device, system and method for extracting deposited items from a secure enclosure, such as the envelope bin of an ATM/CAT safe, makes use, for example, of computer hardware and software applications, as well as one or more secure access devices, card devices, transponder devices, input devices, control mechanisms, transport bins, and transport devices, to modify or field retrofit an existing ATM/CAT to enable removal of items without opening the safe door. The modified ATM/CAT enables a service person, for example, to enter a retrieval request, which is received by a control device, and the control device automatically opens an access port of shutter of the ATM/CAT safe and automatically activates a transport mechanism to transport items out of the safe to be received by the service person or a secured access bin docked, for example, with the access port.Type: GrantFiled: August 19, 1999Date of Patent: January 7, 2003Assignee: Citicorp Development Center, Inc.Inventors: Cuong D. Do, Edward M. R. Dudasik, Michael L. Sears, Xuan S. Bui
-
Patent number: 6464135Abstract: The present invention pertains to a system and method for assisting a visually impaired individual in performing a financial transaction at an automated teller machine, comprising initiating a visually impaired transaction session through a preset event at the automated teller machine; wherein the automated teller machine comprises a touch screen display for displaying operation instructions to a customer and for receiving input from a customer; an output jack for providing signals which can be converted to audible sounds by means of a headset; a bill dispensing mechanism for dispensing a bank not corresponding to a specified amount; a receipt issuing unit for printing a transaction content and for issuing a receipt on which the transaction content is printed; and a controller connected to the card reader, the touch screen display, the output jack, the bill dispensing unit, and the receipt issuing unit, the controller providing signals to the output jack corresponding to information provided on the touch screType: GrantFiled: June 30, 2000Date of Patent: October 15, 2002Assignee: Citicorp Development Center, Inc.Inventors: Albert E. Cohen, Michael L. Grandcolas, Stephen M. Gryte, Teresa A. Petach, Michael L. Sears
-
Publication number: 20020069170Abstract: A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient's ATM transaction to be either cardless or card-initiated.Type: ApplicationFiled: July 20, 2001Publication date: June 6, 2002Inventors: Carol J. Rizzo, Phoebe Rin-Rin Hsu, Michael L. Sears
-
Patent number: 5768386Abstract: An improved touch screen encryption device and method is disclosed. The user selects information from prompts displayed on a touch screen. The improved device determines the input information based upon the location of the touch. The device encrypts the information--for example, the user's personal identification number--and sends the encrypted information to a remote processor. The device and method may be used by a financial institution (such as a bank), a postal services institution or wherever sensitive information is input through a touch screen.Type: GrantFiled: May 31, 1996Date of Patent: June 16, 1998Assignee: Transaction Technology, Inc.Inventors: Randal H. Yokomoto, Warren Yung-Hang Tan, Yosif Smushkovich, Xuan S. Bui, Michael Merman, Inas M. Dessouky, Cuong Do, Stephen M. Gryte, Phoebe Rin-Rin Hsu, Robert R. Propp, Michael L. Sears
-
Patent number: 4392023Abstract: An off hook telephone sensing system for use with a voice and data transmission system, including a transaction terminal coupled to a telephone line for data transmission, a telephone instrument coupled to the telephone line for voice transmission, an off hook telephone sensing device coupled to the telephone instrument for detecting the on-hook or off-hook condition of the instrument and for providing an output signal having values in accordance with the on-hook or off-hook condition of the instrument, a switching means coupled to the telephone instrument and to the telephone line for connecting or disconnecting the telephone instrument to or from the telephone line, the transaction terminal including means coupled to the off-hook sensing device and responsive to the output signal for producing an interrupt signal when the off-hook sensing device detects the off-hook condition of the telephone instrument and with the telephone instrument disconnected from the telephone line, and the transaction terminal inclType: GrantFiled: November 17, 1980Date of Patent: July 5, 1983Assignee: Transaction Technology, Inc.Inventor: Michael L. Sears