US Patent Issued to Crane Payment Innovations on July 28 for "Jam clearance mechanism for banknote feeder" (Pennsylvania, New Jersey Inventors)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,694,744, issued on July 28, was assigned to Crane Payment Innovations Inc. (Malvern, Pa.).

"Jam clearance mechanism for banknote feeder" was invented by Evan John Cost (Audubon, Pa.) and Robert Clauser (Columbus, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A banknote feeder includes a body and a cover. The body is configured to attach to a banknote receiver. The cover is removably coupled to the body using a guide assembly. The guide assembly is configured to linearly guide the cover in an operational position away from the body to a pulled position. The guide assembly is also configured to rotatably guide the cover away from the pulled position...