System and method for generating data transfer recommendations

A method comprising:

• receiving, from a third party server computer system, a signal indicating a data transfer request that includes identifying information of a merchant and an amount of a data transfer;
• sending, to a computing device, a signal to modify a graphical user interface currently displayed on the computing device to include the identifying information of the merchant and the amount of the data transfer;
• updating a data budget associated with a resource account to include the amount of the data transfer;
• analyzing the updated data budget to determine whether a balance of the resource account remains above a predefined threshold over a specified time period after the data transfer;
• generating one or more recommendations to afford the data transfer based on determining that the balance does not remain above the threshold;
• and
• sending, to the computing device, a signal causing the computing device to display a notification overlayed on the modified graphical user interface currently displayed on the computing device that includes one of the recommendations to afford the data transfer and at least one selectable interface element to toggle between the one or more other recommendations to afford the data transfer.

A non-transitory computer readable storage medium comprising processor-executable instructions which, when executed, configure at least one processor to:

• receive, via a communications module and from a third party server computer system, a signal indicating a data transfer request that includes identifying information of a merchant and an amount of a data transfer;
• send, via the communications module and to a computing device, a signal to modify a graphical user interface currently displayed on the computing device to include the identifying information of the merchant and the amount of the data transfer;
• update a data budget associated with a resource account to include the amount of the data transfer;
• analyze the updated data budget to determine whether a balance of the resource account remains above a predefined threshold over a specified time period after the data transfer;
• generate one or more recommendations to afford the data transfer based on determining that the balance does not remain above the threshold;
• and
• send, via the communications module and to the computing device, a signal causing the computing device to display a notification overlayed on the modified graphical user interface currently displayed on the computing device that includes one of the recommendations to afford the data transfer and at least one selectable interface element to toggle between the one or more other recommendations to afford the data transfer.