Capital Security Systems (CSS) of Chicago has filed a patent on the ATM PowerBuilder, a development platform that provides automated banking customers with a means of accessing seventeen different banking functions from an ATM terminal.
ATM PowerBuilder enables ATM users to cash money orders, checks, and other notes, as well as pay bills, wire funds, and purchase stamps and phone cards, all at the same terminal. The PowerBuilder processes transactions and combination transfers based on credit cards, bank cards, debit cards, smart cards, and EBT cards.
"The ATM PowerBuilder employs the most advanced technologies currently available in the field of electronic banking," said Robin Gustin, chief executive officer and president of CSS. "Several things make it unique: a check cashing technology that is 100% automated, a check fraud detection system based upon intelligent character recognition (ICR) technology, and the way our system makes change." Gustin continued, "It dispenses change to customers by electronically downloading it onto Smart Cards, which can also function as a user ID card."
The unique features of the CSS software platform include its ability to scan, recognize, and then cash or deposit checks at the terminal. It does this by using advanced ICR technology that verifies both the numeric and handwritten amounts on a personal or payroll check, without any human intervention.
Watch your local ATM site for the new PowerBuilder technology.
