System and Method to Consolidate and Update A User's Financial Account Information

A computer implemented method for Users to consolidate and update Users' financial account information on a networked System database comprising electronic debiting and crediting information for one or more of a User's financial account(s), and then automatically updating the User's information on a Third Parties' database, comprising:

• a) Users consolidating and updating Users' financial account(s) information in a System database;
• b) identifying by the System the Third Party Systems authorized to electronically deduct or credit from each of Users' financial account(s);
• c) identifying by the System new User and updated User financial account(s) information to provide the Third Party Systems;
• and,
• d) connecting by the System to the Third Party Systems and downloading the updates to the Third Party databases.

A networked financial account management system for a User to consolidate and update a User's financial account information and to automatically update the User's information on a Third Party's database, comprising:

• a) a server System comprising:
• a central database storing a record for each User's consolidated financial account(s) information and designated privilege levels for sharing said information with a Third Party System, wherein said Party is authorized to electronically deduct or credit said account(s);
• and,
• a financial account information manager software on said database providing access to Third Party Systems authorized to receive said User's financial account(s) information through a computer interface;
• and,
• b) one or more client systems comprising a user interface with web browsing capabilities and configured to communicate with the System server via the Internet to enable Users a User to create and update their the User's financial account(s) information on said database.

A non-transitory computer-readable medium having at least computer-executable program code tangibly embodied therein for updating an online record comprising one or more of a User's financial account(s) information on a System database over a network, comprising:

• a) computer program code for creating a User file, inputting said User's financial account information for one or more accounts, and transmitting said information to User's record stored on the System database;
• b) computer program code for designating the Third Party Systems permitted access to each financial account within said User's file;
• and,
• c) computer program code for inputting an update to a data element in User's financial account information;
• and transmitting said update to User's record stored on the System database.