Patent ID: 8321343
Filing Date: 2012-11-27
Classification: G06Q

Abstract:
1. A method for managing user transaction accounts comprising: transmitting a user registration request to a service provider computing device, the user registration request including user information corresponding to an identification of a user transaction account associated with a financial service provider and a plurality of transaction account verification techniques, wherein each of the plurality of transaction account verification techniques corresponds to one of a plurality of transaction amount thresholds, wherein the service provider computing device is configured to transmit to a user computing device the plurality of transaction amount thresholds, and wherein each transaction amount threshold corresponding to one of the plurality of transaction account verification techniques; in response to receiving a first user input corresponding to an aspect of a financial transaction and a first piece of information corresponding to a first selection of a transaction account verification technique from the plurality of transaction account verification techniques, generating, via the user computing device, a first user verification token representative of at least the first user input; transmitting the first user verification token representative of at least the first user input to the service provider computing device; in response to receipt of a transaction amount threshold increase request, obtaining, via the user computing device, second user input corresponding to the aspect of the financial transaction and a second piece of information corresponding to a second selection of a transaction account verification technique from the plurality of transaction account verification techniques, wherein the second selection corresponds to a higher transaction amount threshold than the first selection; generating, via the user computing device, a second user verification token representative of at least the second user input; and transmitting the second user verification token representative of the second user input to the service provider computing device.