Prior art

Here's an analysis of the most relevant prior art for US patent 10937018, based on its own citations and disclosures.

US Patent 10937018, titled "Kit, system and associated method and service for providing a platform to prevent fraudulent financial transactions," describes a system and method for executing financial transactions. The core invention, as described in independent claims 1, 8, and 15, involves a mobile transaction platform that stores user account balances, receives fund transfer requests from a first user, generates a scannable transaction code for the request, transmits this code to the first user's mobile device for display, and enables the first user to effect an automatic fund transfer or withdrawal by scanning the code at a cash dispensing machine (ATM). The system then adjusts account balances and instructs the ATM to deliver the funds to the second user (or the first user for withdrawal).

The most relevant prior art cited within US10937018 itself are its direct patent family predecessors and two additional patent applications mentioned in the background.

Most Relevant Prior Art

The most relevant prior art for US10937018 is U.S. Pat. No. 8,554,671, as it is an ancestral patent within the same family, and its underlying application is explicitly incorporated by reference, meaning its disclosure is considered part of the current patent's effective disclosure from the priority date.

1. U.S. Pat. No. 8,554,671 to Ballout
   • Full Citation: U.S. Pat. No. 8,554,671 B2, titled "System and associated method and service for providing a platform that allows for the exchange of cash between members in a mobile environment," issued October 8, 2013, to Rabih S. Ballout.
   • Publication/Filing Date: Filed July 18, 2011; Published October 8, 2013.
   • Brief Description: This patent describes a system and method for exchanging cash, commodities, or other valuables between members in a mobile environment. It emphasizes enabling users to transfer, receive, or exchange cash in various international denominations and commodities. Crucially, the patent states it is "capable of delivering cash instantly between two or more users by allowing the exchange of secure transactions between system and cash dispensing machines (ATMs)." Furthermore, it highlights the ability to "retrieve (withdraw) or deposit cash in an ATM (cash dispensing machine) environment using various code generation methods or SMS," where "The codes appear on the mobile screen and allow recognition of the sender and receiver parties, and adjust account balances accordingly."
   • Potential Anticipation (35 U.S.C. § 102): US8554671 is a direct ancestor of US10937018, with its application (Ser. No. 13/185,432) incorporated by reference. This means its entire disclosure is considered part of the current patent's effective disclosure as of the earliest priority date (July 18, 2011).
     The core elements of claims 1, 8, and 15 of US10937018 (system/method for financial transactions via a mobile transaction platform, using a mobile device, and interacting with an ATM for fund transfer/withdrawal) appear to be directly disclosed or strongly implied by US8554671. Specifically, US8554671's disclosure of "code generation methods or SMS" that result in "codes appear[ing] on the mobile screen" for use with ATMs to "retrieve (withdraw) or deposit cash" and "adjust account balances accordingly" directly anticipates the concept of generating a "scannable transaction code" on a mobile device for ATM interaction. The term "scannable" would be inherent to codes intended for use with ATMs, especially given the patent family's broader disclosure about "2D or 3D bar/matrix/QR/maxi codes, SMS etc., so that the resulting codes may be read by, for example: smart phones, scanner, cashier scanners, instruments with compatible software, etc.". Therefore, US8554671 potentially anticipates Claims 1, 8, and 15, and by extension, their dependent claims (2-7, 9-14), as the elements describing the generation and use of a mobile-displayed code for ATM cash transactions and subsequent account adjustments are substantially present in its disclosure.

Other Cited Prior Art

1. U.S. Patent Application Publication No. 2009/0068982 to Chen et al.

   • Full Citation: U.S. Patent Application Publication No. 2009/0068982 A1, titled "System and method for securing wireless digital transactions," published March 12, 2009, by Chen et al.
   • Publication/Filing Date: Filed September 10, 2007; Published March 12, 2009.
   • Brief Description: This application describes a system and method for facilitating secure wireless digital transactions. A mobile device uses a mobile payment card (m-card) linked to an account and employs public-key cryptography (PKC) to securely and wirelessly transmit payment to a terminal component for goods or services.
   • Potential Anticipation (35 U.S.C. § 102): Chen et al. focuses on general wireless digital transactions for goods or services to a "terminal component" using cryptographic methods. It does not explicitly disclose the generation of a scannable code on a mobile device's screen for interaction with a cash dispensing machine (ATM) to enable cash withdrawals, deposits, or transfers to a second user, which is a key distinguishing feature of US10937018's claims. Therefore, it is unlikely to anticipate Claims 1, 8, or 15 of US10937018.

2. U.S. Patent Application Publication No. 2008/0010191 to Rackley III et al.

   • Full Citation: U.S. Patent Application Publication No. 2008/0010191 A1, titled "Methods and systems for providing financial payments via a mobile device," published January 10, 2008, by Rackley III et al.
   • Publication/Filing Date: Filed July 6, 2006; Published January 10, 2008.
   • Brief Description: This application generally describes methods and systems for providing financial payments to a payee using a mobile device. A user inputs payee, payment source, and payment method information into the mobile device, which generates and wirelessly communicates a mobile payment instruction to a mobile financial transaction system (MFTS). The MFTS then generates and communicates an MFTS payment instruction to a payment instruction recipient, which effects payment to the identified payee without requiring any action by the payee.
   • Potential Anticipation (35 U.S.C. § 102): Rackley III et al. describes a system for facilitating payments via mobile devices by sending payment instructions to a central system. While it involves mobile payments, it lacks the specific mechanism of generating a scannable transaction code on the mobile device for scanning at an ATM to perform cash-related transactions (withdrawals, deposits, transfers to another user via the ATM). The payments are effected by a "payment instruction recipient" typically without payee action, suggesting a backend processing rather than a physical interaction with a cash dispensing machine based on a scanned code. Thus, it is unlikely to anticipate Claims 1, 8, or 15 of US10937018.