CPC G06Q 20/18 (2013.01) [G06Q 20/20 (2013.01); G06Q 20/325 (2013.01); G06Q 20/3278 (2013.01); G06Q 20/385 (2013.01); G06Q 20/40 (2013.01)] | 20 Claims |
1. A system, comprising:
a first computer processor associated with a financial institution, the first computer processor being communicatively coupled to an automated teller machine (ATM) network and also communicably coupled to a mobile network, the first computer processor being configured to:
receive pre-defined ATM transaction parameters for a transaction by a transferee device, the pre-defined ATM transaction parameters comprising (a) an amount of funds for the transaction and (b) a geographic limitation for an ATM at which the transaction may occur;
generate an authentication transaction key; and
transmit, via the mobile network, the authentication transaction key to the transferee device, the transferee device being a mobile device; and
a second computer processor associated with the transferee device and being configured to:
receive, via the mobile network, the authentication transaction key from the first computer processor; and
transmit the authentication transaction key to the ATM; and
a third computer processor associated with the ATM, the third computer processor being configured to:
receive the authentication transaction key at the ATM from the transferee device;
transmit, via the ATM network, a request to complete the transaction to the first computer processor;
receive, via the ATM network, a confirmation to complete the transaction, the confirmation being based on an authentication of the authentication transaction key by the first computer processor and a confirmation that the ATM corresponds to the geographic limitation for the ATM; and
dispense the amount of funds for the transaction in response to (i) the authentication of the authentication transaction key and (ii) the confirmation that the ATM corresponds to the geographic limitation for the ATM.
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