Application server for automated data transfers and associated methods

A data transfer method, comprising:

• receiving from a first entity a request to initiate a data transfer from a first account of the first entity to the second account of a second entity;
• requesting from a data verifier data transfer information for the first account;
• receiving from the data verifier the data transfer information for the first account data;
• requesting that a data transfer server initiate a first data transfer from the first account to an intermediary account;
• requesting from the data verifier first data transfer information after a predetermined duration from the request to initiate the first data transfer;
• receiving from the data verifier the first data transfer information;
• determining whether one or more predetermined authorization criteria have been met based on the first data transfer information;
• in response to a determination that the one or more predetermined authorization criteria have been met, requesting the data transfer server initiate a second data transfer from the intermediary account to a second account.

A non-transitory machine readable medium having tangibly stored thereon executable instructions that, when executed by a processor of a server, cause the server to:

• receive from a first entity a request to initiate a data transfer from a first account of the first entity to the second account of a second entity;
• request from a data verifier data transfer information for the first account;
• receive from the data verifier the data transfer information for the first account data;
• request that a data transfer server initiate a first data transfer from the first account to an intermediary account;
• request from the data verifier first data transfer information after a predetermined duration from the request to initiate the first data transfer;
• receive from the data verifier the first data transfer information;
• determine whether one or more predetermined authorization criteria have been met based on the first data transfer information;
• in response to a determination that the one or more predetermined authorization criteria have been met, request the data transfer server initiate a second data transfer from the intermediary account to a second account.