Company Filing History:
Years Active: 2006-2013
Title: The Innovative Contributions of Michael Russell
Introduction
Michael Russell is a notable inventor based in Hartville, OH (US), recognized for his significant contributions to the field of automated banking technology. With a total of 9 patents to his name, Russell has developed innovative solutions that enhance the efficiency and security of financial transactions.
Latest Patents
Among his latest patents is the "Card Activated Cash Dispensing Automated Banking Machine." This invention operates to facilitate financial transfers by reading data from user cards linked to financial accounts. The machine is equipped with a card reader, display, and printer, which produce records of transactions. Additionally, it features a sheet detector that can distinguish between the presence or absence of a sheet, enhancing its operational capabilities.
Another significant patent is the "Banking System that Operates Responsive to Data Read from Data Bearing Records." This automated banking machine also includes a card reader and a sheet accepting device for notes and checks. The note acceptor is equipped with a validator that utilizes ultrasonic detection to identify counterfeit notes by examining seams or fastening features. This technology further incorporates image sensors and radiation transmission sensors to ensure the authenticity of the notes processed.
Career Highlights
Michael Russell has had a distinguished career, working with prominent companies such as Diebold, Inc. and the Diebold Self-Service Systems Division of Diebold, Inc. His work in these organizations has allowed him to develop and refine his innovative ideas in automated banking solutions.
Collaborations
Throughout his career, Russell has collaborated with talented individuals, including Jeffery Enright and Kevin F. Martin. These partnerships have contributed to the advancement of his projects and the successful implementation of his inventions.
Conclusion
Michael Russell's contributions to automated banking technology demonstrate his commitment to innovation and excellence. His patents reflect a deep understanding of the needs of modern banking systems, making him a significant figure in the field.