Automatically updating account information
First Claim
1. A method for updating account information, the method comprising:
- receiving, by an interface, first account information associated with a payment account of a user;
storing, by a first memory, the first account information;
receiving, by the interface, payee system information associated with a plurality of payee systems, wherein the payee system information comprises encryption information for accessing the payee system and the plurality of payee systems store one or more portions of the first account information;
storing, by a second memory, the payee system information associated with the plurality of payee systems;
automatically determining, by a processor, that a first type of payment transaction from the payment account has occurred, the payment transaction generating an update event, wherein the payment transaction comprises at least an attempted transfer of funds into or out of the payment account;
updating, based on the update event, at least a portion of the account information;
automatically determining, by a processor, whether one or more of the plurality of payee systems is configured to initiate recurring payments from the payment account of the user; and
if one or more of the payee systems is configured to initiate recurring payments, automatically communicating, by the interface, a payee update message comprising the updated account information to the one or more configured payee systems.
1 Assignment
0 Petitions
Accused Products
Abstract
A method of one embodiment facilitates the updating of account information. First account information associated with a payment account of a user is received by an interface, and the first account information is stored by a memory. Payee system information associated with a payee system, wherein the payee system stores one or more portions of the first account information, is also received by the interface and stored by the memory. A processor automatically determines that an update event has occurred, the update event associated with updated information comprising one or more updated values for one or more respective portions of the first account information, wherein at least a portion of the first account information stored on the payee system changes based on the update event. In response to automatically determining that the update event has occurred, the interface automatically communicates a payee update message comprising the updated account information.
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Citations
20 Claims
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1. A method for updating account information, the method comprising:
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receiving, by an interface, first account information associated with a payment account of a user; storing, by a first memory, the first account information; receiving, by the interface, payee system information associated with a plurality of payee systems, wherein the payee system information comprises encryption information for accessing the payee system and the plurality of payee systems store one or more portions of the first account information; storing, by a second memory, the payee system information associated with the plurality of payee systems; automatically determining, by a processor, that a first type of payment transaction from the payment account has occurred, the payment transaction generating an update event, wherein the payment transaction comprises at least an attempted transfer of funds into or out of the payment account; updating, based on the update event, at least a portion of the account information; automatically determining, by a processor, whether one or more of the plurality of payee systems is configured to initiate recurring payments from the payment account of the user; and if one or more of the payee systems is configured to initiate recurring payments, automatically communicating, by the interface, a payee update message comprising the updated account information to the one or more configured payee systems. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. An apparatus for updating account information, the apparatus comprising:
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an interface operable to; receive first account information associated with a payment account of a user; receive payee system information associated with a plurality of payee systems, wherein the payee system information comprises encryption information for accessing the payee system and the plurality of payee systems store one or more portions of the first account information; a first memory operable to store the first account information; a second memory operable to store the payee system information; and a processor communicatively coupled to the interface and the memory, the processor operable to; automatically determine that a first type of payment transaction from the payment account has occurred, the payment transaction generating an update event, wherein the payment transaction comprises at least an attempted transfer of funds into or out of the payment account; update, based on the update event, at least a portion of the account information; automatically determine whether one or more of the plurality of payee systems is configured to initiate recurring payments from the payment account of the user; and if one or more of the payee systems is configured to initiate recurring payments, automatically generate a payee update message in response to automatically determining that the update event has occurred; and the network interface further operable to communicate the payee update message comprising updated account information to the one or more configured payee systems, the updated account information comprising one or more updated values for one or more respective portions of the first account information. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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17. A non-transitory computer readable storage medium comprising logic, the logic operable, when executed by a processor, to:
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receive first account information associated with a payment account of a user; store the first account information in a first memory; receive payee system information associated with a plurality of payee systems, wherein the payee system information comprises encryption information for accessing the payee system and the plurality of payee systems store one or more portions of the first account information; and store the payee system information associated with the plurality of payee systems in a second memory; automatically determine that a first type of payment transaction from the payment account has occurred, the payment transaction generating an update event, wherein the payment transaction comprises at least an attempted transfer of funds into or out of the payment account; update, based on the update event, at least a portion of the account information; automatically determine whether one or more of the plurality of payee systems is configured to initiate recurring auto-payments by periodically reviewing transactions of the plurality of payee systems; and if one or more of the payee systems is configured to initiate recurring auto-payments, automatically communicate a payee update message comprising the updated account information to the one or more configured payee systems. - View Dependent Claims (18, 19, 20)
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Specification