US Patent Issued to Wells Fargo Bank on Sept. 30 for "Systems and methods for inter-institutional ATM functionality" (California Inventors)

ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,430,625, issued on Sept. 30, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for inter-institutional ATM functionality" was invented by Laura Fontana (San Francisco), Margot Lockwood-Stein (Palo Alto, Calif.) and Michael R. Thomas (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "An automated teller machine (ATM) allows a user with accounts at both a first institution and a second institution to use an ATM of the first institution to physically place cash or a check into the ATM of the first institution for deposit into an account at the second institution. In some cases, a failed attempt message may indicate a f...