Company Filing History:
Years Active: 1976
Title: Russell L Hall - Innovator in Banking Technology
Introduction
Russell L Hall is a notable inventor based in Scottsdale, AZ (US). He has made significant contributions to the field of banking technology, particularly with his innovative depository system. His work has paved the way for advancements in automated teller machines, enhancing customer experience and operational efficiency.
Latest Patents
Russell L Hall holds a patent for a depository system that is integral with a high-speed, computer-controlled banking machine. This system provides a fully automatic teller station. The customer interface features an entry gate controlled by a solenoid, which operates based on computer-generated signals. A deposit envelope inserted through the entry gate is detected by a light sensor as it moves along a belt transport leading to a printing station.
The system includes a second sensor positioned along the belt transport, which, in combination with the first sensor, determines the length of the inserted envelope to ensure its acceptance by the depository stacker pockets. Once the envelope reaches the printing station, a numeric print machine is activated to imprint identifying data on the envelope. A sensor that responds to the completion of the printing cycle actuates a transverse transport, delivering the envelope into one of two stacker pockets. Finally, a light sensor detects an envelope deposited in one of the stacker pockets, controlling an elevator platform to ensure sequential stacking of each inserted envelope.
Career Highlights
Russell L Hall is associated with Docutel Corporation, where he has contributed to the development of cutting-edge banking technologies. His innovative approach has helped streamline banking operations and improve customer interactions with automated systems.
Collaborations
Throughout his career, Russell has worked alongside notable colleagues such as Martin D Cothran and Lewis J O'Kelly. Their collaborative efforts have further advanced the field of banking technology.
Conclusion
Russell L Hall's contributions to the banking industry through his innovative depository system exemplify the impact of technology on financial services. His work continues to influence the development of automated banking solutions, enhancing efficiency and customer satisfaction.