Patent ID: 7725387
Filing Date: 2010-05-25
Classification: G06Q

Abstract:
1. A method for managing a plurality of financial accounts, comprising: identifying a transaction management engine (TME) linked to the plurality of financial accounts, wherein the plurality of financial accounts comprises a first financial account and a second financial account, and wherein the TME and the plurality of financial accounts are controlled by an account owner; directing a primary transaction request associated with an expense and comprising a debit amount to the TME, wherein the TME comprises functionality to perform at least one selected from a group consisting of holding the primary transaction request and denying the primary transaction request; evaluating, using the TME, the primary transaction request based on a selected rule to obtain an evaluation; executing, using a processor, a secondary financial transaction based on the evaluation, wherein executing the secondary financial transaction comprises transferring a calculated amount from the second financial account to the first financial account, and wherein the debit amount exceeds a balance of the first financial account prior to executing the secondary financial transaction; and routing the primary transaction request, based on the evaluation, from the TME to the first financial account after executing the secondary financial transaction, wherein the balance of the first financial account is at least the debit amount before routing the primary transaction request.