Patent ID: 11887097
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 7:
8. A system comprising:
one or more processors; and
a memory in communication with the one or more processors and storing instructions, that when executed by the one or more processors are configured to cause the system to:
receive account data associated with a primary account from a first device operating a first mobile application that is configured to interact with a group fund account having one or more limits associated with the group fund account;
receive transaction data associated with a purchase request made using the primary account;
receive, from the second device, account data associated with a group member account associated with the second device;
link the group fund account to the primary account;
link the group member account to the group fund account; and
authorize a transaction associated with the transaction data in response to the transaction complying with the one or more limits associated with the group fund account.