Electronic financial transaction warehouse
AssigneeUnited Services Automobile Association (USAA)
InventorJeff Dennes
Life of this patent
Estimating the term…
Abstract
A method of managing all personal financial accounts is accomplished by providing an electronically accessible repository containing financial asset and liability account information. The repository may be electronically accessed by various access channels for reviewing the status of any account in the repository, transferring an external account into the repository, creating a new account in the repository, transferring account adjustments into and out of the repository, making account adjustments within the repository, closing or deleting an account within the repository, presenting a bill to the repository, and paying a bill from one or more accounts in the repository.
Claims20
A computer-implemented method for managing financial accounts comprising:
- providing, using a computer, a repository that includes:
- a plurality of financial asset accounts, wherein some of the plurality of financial asset accounts have independent sources;
- and a plurality of liability accounts, wherein some of the plurality of liability accounts have independent sources, and wherein the independent sources are differing business entities;
- and providing access to the repository to an authorized source via an access channel.
A non-transitory computer-readable medium having computer executable instructions for managing financial accounts stored thereon that are executed by a processor to:
- provide, using a computer, a repository that includes a plurality of financial asset accounts and a plurality of liability accounts, wherein each of the plurality of financial asset accounts are independently sourced from one another and each of the plurality of liability accounts are independently sourced from one another, and wherein the independent sources are differing business entities;
- and provide access to the repository to an authorized source via an access channel.
A system, comprising:
- a processor;
- a memory storing computer-readable instructions for managing financial accounts, the computer-readable instructions executable by the processor to:
- provide a repository that includes a plurality of financial asset accounts, wherein some of the plurality of financial asset accounts have an independent source, and a plurality of liability accounts, wherein some of the plurality of liability accounts have an independent source, and wherein the independent sources are differing business entities;
- provide access to the repository to a user via an access channel;
- and
- transfer an amount of funds from a financial asset account to a liability account in the repository.
Dependencies are inferred from the claim text.