Methods and systems for opening and funding a financial account online

• US 20080091600A1
• Filed: 04/27/2007
• Published: 04/17/2008
• Est. Priority Date: 04/28/2006
• Status: Active Grant

• Current Assignee: Fidelity Information Services, LLC (Fidelity National Information Services Incorporated)
• Original Assignee: Efunds Corporation (Fidelity National Information Services Incorporated)
• Inventors: Egnatios, Rockne, Marineau, Gerard, Byal, Amy, Evans, Robert
• Granted Patent: US 7,849,003 B2
• Time in Patent Office: Days
• US Class Current: 705/42
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 30/0224 based on user history
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

Methods and systems for monitoring an online account opening service. One system can include an account management system that performs an online account opening service and includes a management console application. The online account opening service electronically receives account application information and funding information specifying at least one funding source, processes the account application to assess a risk to a financial institution of opening an account for a customer, processes the funding source information to assess a risk to the financial institution of transferring funds from the at least one funding source to the account, and electronically transfers funds from the at least one funding source to the account based on the risk to the financial institution of opening the account for the customer and the risk to the financial institution of transferring funds from the at least one funding source to the account. The management console application provides substantially real-time status of the online account opening service. The system can also include at least one network, and at least one remote device connected to the account management system via the at least one network. The at least one remote device accesses the management console application to obtain the substantially real-time status of the online account opening service.

Claims

9-1. The system of claim 1, wherein the management console application allows a user to configure the online account opening service.

11. A method of monitoring an online account opening service, the method comprising:

performing an online account opening service, the online account opening service including electronically receiving account application information and funding information specifying at least one funding source, processing the account application to assess a risk to a financial institution of opening an account for a customer, processing the funding source information to assess a risk to the financial institution of transferring funds from the at least one funding source to the account, and electronically transferring funds from the at least one funding source to the account based on the risk to the financial institution of opening the account for the customer and the risk to the financial institution of transferring funds from the at least one funding source to the account; and

providing access to substantially real-time status of the online account opening service over at least one network.

12. The method of claim 11, wherein providing access to substantially real-time status of the online account opening service over at least one network includes providing access to substantially real-time status of the online account opening service over the Internet.

13. The method of claim 11, wherein providing access to substantially real-time status of the online account opening service includes providing access to queues managed by the online account opening service.

14. The method of claim 11, wherein providing access to substantially real-time status of the online account opening service includes providing access to effectiveness and efficiency parameters of the online account opening service.

15. The method of claim 11, wherein providing access to effectiveness and efficiency parameters of the online account opening service includes providing access to at least two of a number of new account requests accepted, a number of new account requests rejected, a percentage of new account requests accepted, and a percentage of new account requests rejected.

16. The method of claim 15, further comprising providing access to configure the effectiveness and efficiency parameters.

17. The method of claim 11, wherein providing access to substantially real-time status of the online account opening service includes providing access to pending new account requests.

18. The method of claim 17, further comprising providing allowing a user to accept pending new account requests and to reject pending new account requests.

20. A management console application for monitoring an online account opening service, the management console application configured to allow a user to view a substantially real-time status of the online account opening service over at least one network.