ALEXANDRIA, Va., March 26 -- United States Patent no. 12,260,697, issued on March 25, was assigned to GLORY LTD. (Himeji, Japan).

"Cash handling system and cash handling method" was invented by Toshikazu Nagasaki (Himeji, Japan), Ken Matsuhashi (Himeji, Japan) and Jason Ammar Nader (Himeji, Australia).

According to the abstract* released by the U.S. Patent & Trademark Office: "In order to facilitate transfer of ownership of a huge amount of cash between a plurality of bases, a cash handling system includes: a cash handling apparatus configured to handle banknotes whose ownership is to be transferred between a first owner and a second owner, and generate cash data including serial numbers of the banknotes and attribute information regardin...