Abstract: Self-service methods for money remittance and kiosks are provided. An exemplary kiosk includes a video display, a card reader, a keypad, a money validation device, and a processor in communication with a database and a processing system across a network. A person can remit money to a recipient by simply presenting an access card to the card reader, entering a PIN on the keypad, and inserting cash into the money validation device. The database includes information associated with the identifier such as one or more established recipients and necessary information for remitting funds to each. The kiosk can receive a list of established recipients from the database and present the list to the person on the video display. After the person selects a recipient from the list, the kiosk can transmit to the processing system the recipient and the cash amount received by the money validation device.

Abstract: A system and a method for money sharing are provided. The system includes a processor configured to receive a deposit amount and assign an account value to a stored-value account. The stored-value account is stored in a storage device. The processor then dispenses two or more stored-value cards associated with the stored-value account. The stored-value cards can be distributed among two or more cardholders who may withdraw money from the stored-value account at a remote access unit configured to accept any of the distributed stored-value cards associated with the same account. Additional deposit amounts can be received into the stored-value account from a cardholder of any distributed stored-value cards associated with the same account. The remote access unit can be unattended. The cards can be ATM-enabled.

Abstract: The invention includes systems and methods for identifying and verifying the identity of a user of a kiosk using an external verification system. The kiosk receives customer input data that indicates the identity of the user of the kiosk. The kiosk generates an identification query that includes at least some customer input data. The kiosk transmits the identification query to an external verification system. The kiosk receives a verification response from the external verification system. The kiosk then processes the verification response to verify the identity of the user of the kiosk. These systems and methods advantageously provide identification and verification of the identity of a user of a kiosk. With sufficient identification and verification, financial institutions can comply with government regulations designed to reduce the opportunity for money laundering, terrorism, fraud, and identity theft while offering users of kiosks a wider range of financial services.

Abstract: Systems and methods for generating revenue from banking transactions use a kiosk to perform financial services. The kiosk determines a stored-value account related to a stored-value card for a user of the kiosk. The kiosk performs a banking transaction using the stored-value account. The kiosk then determines a service fee for the banking transaction. The kiosk deducts the service fee from the stored-value account or a value of the banking transaction.

Abstract: Self-service methods for money remittance and kiosks are provided. An exemplary kiosk includes a video display, a card reader, a keypad, a money validation device, and a processor in communication with a database and a processing system across a network. A person can remit money to a recipient by simply presenting an access card to the card reader, entering a PIN on the keypad, and inserting cash into the money validation device. The database includes information associated with the identifier such as one or more established recipients and necessary information for remitting funds to each. The kiosk can receive a list of established recipients from the database and present the list to the person on the video display. After the person selects a recipient from the list, the kiosk can transmit to the processing system the recipient and the cash amount received by the money validation device.

Abstract: A system and a method for money sharing are provided. The system includes a processor configured to receive a deposit amount and assign an account value to a stored-value account. The stored-value account is stored in a storage device. The processor then dispenses two or more stored-value cards associated with the stored-value account. The stored-value cards can be distributed among two or more cardholders who may withdraw money from the stored-value account at a remote access unit configured to accept any of the distributed stored-value cards associated with the same account. Additional deposit amount can be received into the stored-value account from a cardholder of any distributed stored-value cards associated with the same account. The remote access unit can be unattended. The cards can be ATM-enabled.

Abstract: Systems and methods for banking transactions use a kiosk to perform financial services. The kiosk dispenses a stored-value card. The kiosk determines a stored-value account related to a stored-value card for a user. The kiosk then receives user instructions for a banking transaction using the stored-value account. The kiosk then processes the user instructions to perform the banking transaction using the stored-value account.