Systems and methods for adjusting crediting limits to facilitate transactions
First Claim
1. A method comprising:
- receiving, at a financial account issuer server configured to facilitate a transaction using financial accounts, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the financial account issuer server issued the first financial account;
receiving, at the financial account issuer server, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account;
determining, by the financial account issuer server, if at least one of the request to debit the first financial account or the request to credit the second financial account is fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account;
identifying, by the financial account issuer server, a first credit limit of the first financial account;
verifying, by the financial account issuer server, that the first credit limit of the first financial account is able to be decreased;
decreasing, by the financial account issuer server, the first credit limit of the first financial account, if the request to debit is not fraudulent;
identifying, by the financial account issuer server, a second credit limit of the first financial account;
verifying, by the financial account issuer server, that the second credit limit of the second financial account is able to be increased; and
increasing, by the financial account issuer server, the second credit limit of the second financial account, if the request to credit is not fraudulent.
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Accused Products
Abstract
A financial account issuer facilitating transactions between accounts is disclosed. The invention provides sellers with an irrevocable method of receiving funds from a purchaser and for improving purchaser willingness to transact with an unknown party. The invention also includes the options of interest payments, the use of different account issuers, different financial accounts, budget transfers, spend compartmentalization, cost-splitting, adjusting credit limits, loans, gifting, intermediary facilitating the transaction, transaction tracking, rapid funds availability, confidential transfer of funds, immediate initiation of shipment by a seller, releasing funds to a seller only after approval of the goods, services, or other value, demonstrating proof of payment, and recourse against a remote seller.
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Citations
20 Claims
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1. A method comprising:
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receiving, at a financial account issuer server configured to facilitate a transaction using financial accounts, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the financial account issuer server issued the first financial account; receiving, at the financial account issuer server, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account; determining, by the financial account issuer server, if at least one of the request to debit the first financial account or the request to credit the second financial account is fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account; identifying, by the financial account issuer server, a first credit limit of the first financial account; verifying, by the financial account issuer server, that the first credit limit of the first financial account is able to be decreased; decreasing, by the financial account issuer server, the first credit limit of the first financial account, if the request to debit is not fraudulent; identifying, by the financial account issuer server, a second credit limit of the first financial account; verifying, by the financial account issuer server, that the second credit limit of the second financial account is able to be increased; and increasing, by the financial account issuer server, the second credit limit of the second financial account, if the request to credit is not fraudulent. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A method comprising:
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sending, by a user computer-based system and to the financial account issuer server, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the financial account issuer server issued the first financial account; and
,sending, by a user computer-based system and to the financial account issuer server, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account, wherein the financial account issuer server identifies a first credit limit of the first financial account, verifies that the first credit limit of the first financial account is able to be decreased and decreases the first credit limit of the first financial account, if the request to debit is not fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account and, the financial account issuer server identifies a second credit limit of the first financial account, verifies that the second credit limit of the second financial account is able to be increased and increases the second credit limit of the second financial account, if the request to credit is not fraudulent based upon the fraud analysis routine.
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20. An article of manufacture including a non-transitory, tangible computer readable medium having instructions stored thereon that, in response to execution by a financial account issuer server configured to facilitate a transaction, cause the financial account issuer server to perform operations comprising:
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receiving, at a financial account issuer server configured to facilitate a transaction using financial accounts, a request to debit a first amount from a first financial account having a first identifier associated with the first financial account, wherein the financial account issuer server issued the first financial account; receiving, at the financial account issuer server, a request to credit at least a portion of the first amount to a second financial account having a second identifier associated with the second financial account; determining, by the financial account issuer server, if at least one of the request to debit the first financial account or the request to credit the second financial account is fraudulent based upon a fraud analysis routine, wherein the fraud analysis routine analyzes pre-determined criteria associated with the request to debit, the request to credit, the first financial account and the second financial account; identifying, by the financial account issuer server, a first credit limit of the first financial account; verifying, by the financial account issuer server, that the first credit limit of the first financial account is able to be decreased; decreasing, by the financial account issuer server, the first credit limit of the first financial account, if the request to debit is not fraudulent; identifying, by the financial account issuer server, a second credit limit of the first financial account; verifying, by the financial account issuer server, that the second credit limit of the second financial account is able to be increased; and increasing, by the financial account issuer server, the second credit limit of the second financial account, if the request to credit is not fraudulent.
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Specification