Patent ID: 7856384
Filing Date: 2010-12-21
Classification: G06Q

Abstract:
1. A computer-implemented method comprising: establishing, by a first fund exchange server, a first online account for a first user of a plurality of users using first user identification information; determining, by the first fund exchange server, an initial transactional amount limit for said first user, wherein the initial transactional amount limit is based in part on stored cumulative transaction history of said first user and said first user identification information, wherein the stored cumulative transaction history of said first user includes past transfer requests from the first user; receiving, at the first fund exchange server, a transfer request from the first user to transfer funds from said first online account to a second online account, said second online account established for a second user of the plurality of users; determining, by the first fund exchange server, if said transfer request exceeds said initial transactional amount limit, and if not, transferring said funds from said first online account to said second online account; and updating, by the first fund exchange server, said initial transactional amount limit to a current transactional amount limit based at least in part on a first user risk profile, wherein the first user risk profile is determined by the stored cumulative transaction history of the first user, to indicate a credit character of the first user, wherein said second user of the plurality of users is associated with a second user risk profile based on stored cumulative transaction history of said second user.