Invention Grant
- Patent Title: System and method for detecting ATM fraud via counting notes
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Application No.: US16688105Application Date: 2019-11-19
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Publication No.: US10796537B1Publication Date: 2020-10-06
- Inventor: Reza Farivar , Kate Key , Anh Truong , Mark Watson , Vincent Pham , Fardin Abdi Taghi Abad , Austin Walters , Jeremy Goodsitt
- Applicant: Capital One Services, LLC
- Applicant Address: US VA McLean
- Assignee: CAPITAL ONE SERVICES, LLC
- Current Assignee: CAPITAL ONE SERVICES, LLC
- Current Assignee Address: US VA McLean
- Agency: Hunton Andrews Kurth LLP
- Main IPC: G07F19/00
- IPC: G07F19/00 ; G06Q20/40 ; G06Q20/10 ; G07D7/202

Abstract:
Systems and methods for ATM fraud detection are presented. ATM fraud detection may be provided in the context of including a currency sensor in the ATM to count currency notes. ATM fraud detection may be obtained by using a currency sensor, such as a scanner, to image and count any currency notes that remain after being dispensed to a user, and determining if the count is correct for the currency notes dispensed. A count discrepancy resulting from removal of some but not all dispensed currency notes would indicate attempted theft or fraud.
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