Patent ID: 8719128
Filing Date: 2014-05-06
Classification: G06Q

Abstract:
1. A computer-facilitated system for handling a first monetary account held by a user at one of a financial institution and an educational institution and a second monetary account held by the user at the other of the educational institution and the financial institution, the system including: a first database that stores account balance information associated with the first account and that is controlled by a computer system at said one of the financial institution and the educational institution; a second database that stores account balance information associated with the second account and that is controlled by a computer system at said other of the educational institution and the financial institution; a server including a CPU and having logic located at said one of the financial institution and the educational institution, the server being configured and arranged to encrypt an identifier of the first account to create an encrypted identifier, that associates the encrypted identifier with the second account and that decrypts the encrypted identifier; a server configured and arranged to provide a database interface that is configured and arranged to transmit the encrypted identifier and data corresponding to the association to the second database for storage therein and that receives the encrypted identifier from the second database for decryption by said logic; and a user interface that is configured and arranged to provide the user with access via a remote computer to the account balance information associated with the second account and the account balance information associated with the first account via a secured connection to one of the first and second databases, wherein the secured connection is accomplished using a handshake protocol between the remote computer and said one of the first and second databases such that the user interface does not participate in the handshake protocol, and wherein one of the first and second accounts is managed by the educational institution to permit withdrawal of money in response to receipt of the encrypted identifier corresponding to a user at the educational institution.