SYSTEM AND METHOD FOR FINANCIAL TRANSFERS FROM A FINANCIAL ACCOUNT USING SOCIAL MEDIA
First Claim
1. A system, comprising:
- a social linking application programming interface (API) that establishes a link between a sender social media account that is associated with sender financial account data and at least one recipient social media account that is associated with recipient financial account data;
a database that maintains the link between the at least one linked sender financial account and at the least one linked recipient financial account;
an input/output interface that receives, via a network, a request from a sender financial institution identified in the linked sender financial account data to transfer funds from a sender social media subscriber associated with the sender social media account to a recipient social media subscriber associated with the recipient social media account, wherein the request identifies the linked recipient social media account and includes a transfer amount; and
a transfer processor that queries the data storage for recipient financial account data based on the request, transmits the recipient financial account data to a sender financial institution via the social linking API, and receives confirmation of a completed transfer between the sender financial institution and a recipient financial institution associated with the recipient financial account data.
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0 Petitions
Accused Products
Abstract
Systems and methods for transferring funds from a financial account held at a financial institution to a recipient using a social media platform include a social linking application programming interface (API) that establishes a link between a sender social media account that is associated with sender financial account data and at least one recipient social media account that is associated with recipient financial account data; a database that maintains the link between the at least one linked sender financial account and at the least one linked recipient financial account, an input/output interface that receives, via a network, a request from a sender financial institution identified in the linked sender financial account data to transfer funds from a sender social media subscriber associated with the sender social media account to a recipient social media subscriber associated with the recipient social media account, wherein the request identifies the linked recipient social media account and includes a transfer amount, and a transfer processor that queries the data storage for recipient financial account data based on the request, transmits the recipient financial account data to a sender financial institution via the social linking API, and receives confirmation of a completed transfer between the sender financial institution and a recipient financial institution associated with the recipient financial account data.
21 Citations
16 Claims
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1. A system, comprising:
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a social linking application programming interface (API) that establishes a link between a sender social media account that is associated with sender financial account data and at least one recipient social media account that is associated with recipient financial account data; a database that maintains the link between the at least one linked sender financial account and at the least one linked recipient financial account; an input/output interface that receives, via a network, a request from a sender financial institution identified in the linked sender financial account data to transfer funds from a sender social media subscriber associated with the sender social media account to a recipient social media subscriber associated with the recipient social media account, wherein the request identifies the linked recipient social media account and includes a transfer amount; and a transfer processor that queries the data storage for recipient financial account data based on the request, transmits the recipient financial account data to a sender financial institution via the social linking API, and receives confirmation of a completed transfer between the sender financial institution and a recipient financial institution associated with the recipient financial account data. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A system, comprising:
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a database that maintains a financial account of an account holder, wherein the account holder is a sender subscriber of a social media system; a social media interface that is coupled via a network to a social linking application programming interface (API) that establishes a link between the sender subscriber'"'"'s social media account and at least one recipient social media account that is associated with recipient financial account data, wherein the link is maintained in a database of the social media system; and an input/output interface that transmits, via a network, a request to transfer funds from the financial account to a recipient social media subscriber associated with the recipient social media account, wherein the request identifies the linked recipient social media account and includes a transfer amount and confirmation of a completed transfer between the sender subscriber'"'"'s financial account and a recipient financial institution associated with the recipient financial account data. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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Specification