Larry Harmon

Title: Larry Harmon: Innovator in Automated Banking Solutions

Introduction

Larry Harmon, an accomplished inventor based in Kent, Ohio, has made significant contributions to the field of automated banking technology. With two patents to his name, Harmon has developed innovative solutions that enhance the functionality and security of banking machines.

Latest Patents

Harmon’s latest inventions include a card-activated cash dispensing automated banking machine and a banking system that operates in response to data read from data-bearing records. The card-activated cash dispensing machine is designed to facilitate financial transfers by reading card data from user cards linked to financial accounts. Featuring a card reader, display, and printer, this machine efficiently processes transactions and produces transaction records. Additionally, it incorporates a sheet detector that identifies the presence or absence of sheets, ensuring smooth operation.

His second patent focuses on an automated banking machine with enhanced capabilities to accept notes and checks. This machine includes a note acceptor equipped with ultrasonic detectors and validators that are instrumental in identifying counterfeit notes. By analyzing the structural features of the notes, such as seams and fastening details, the machine ensures only genuine currency is processed, thereby increasing the reliability of automated banking solutions.

Career Highlights

Throughout his career, Larry Harmon has been associated with notable companies such as Diebold Self-Service Systems Division of Diebold, Inc. and Diebold, Inc. His tenure at Diebold has been marked by a commitment to revolutionizing automated banking systems, contributing to advancements in both technology and customer service in the financial sector.

Collaborations

In his journey as an inventor, Harmon has collaborated with fellow innovators, including Songtao Ma and Michael Russell. Their collective expertise has played a crucial role in shaping the development of his groundbreaking banking technologies.

Conclusion

Larry Harmon stands out as a visionary inventor whose work in automated banking machines reflects a dedication to improving financial transactions. His patents serve as a testament to his innovative spirit and his contributions continue to impact the banking industry today. With advancements like card-activated machines and sophisticated note validation systems, Harmon’s legacy as an inventor and innovator is firmly established.