Patent Publication Number: US-2021182958-A1

Title: Systems and methods for switching electronic accounts using a self-service device

Description:
CROSS-REFERENCE TO RELATED APPLICATIONS 
     This application is a continuation of U.S. patent application Ser. No. 14/753,534, filed Jun. 29, 2015, which claims priority from U.S. Provisional Application No. 62/021,311, filed Jul. 7, 2014, which is hereby incorporated by reference in the present application. 
    
    
     TECHNICAL FIELD 
     The disclosed embodiments generally relate to electronic account processing and, in particular, to methods and systems for handling customer switch of electronic accounts using a self-service device. 
     BACKGROUND 
     Currently, electronic account providers, such as banks, credit card companies, merchants, lenders, and the like, offer in-person services or online services for customers to switch their account activity from an existing provider. The current switching services typically require a customer to first open a new account with the new provider, fill out forms to transfer funds or balance from the existing financial account to the new financial account, and then close the existing financial account with the existing provider. Usually a new account card, such as a payment card, or a credit card, will be mailed to the customer after the new financial account is opened. 
     There are several disadvantages with the current account switching mechanism. First, it involves significant inconvenience for customers to switch financial accounts. Second, there is a delay in issuing a new account card to the customer switching financial accounts. Customers do not receive the activated account card at the moment the new account is opened. There also exists a delay in funding the new financial account when the funds are transferred from the existing financial account to the new account. Finally, customers typically must manually switch recurring transactions, such as automatic bill payment and deposit, from the prior financial account to the new financial account. Certain aspects of the disclosed embodiments provide methods and systems that enable customers to switch financial accounts in a quick and simple manner. Other aspects are also provided as disclosed below. 
     SUMMARY 
     Disclosed embodiments include systems for switching an existing financial service provider account associated with a first financial service provider to a new financial service provider account associated with a second financial service provider. The system may include one or more processors and a memory. The memory may store instructions that, when executed by the one or more processors, cause the one or more processors to perform operations including: receiving, from an self-service device, a request to switch the existing financial service provider account associated with the first financial service provider to the new financial service provider account associated with the second financial service provider; receiving, from the self-service device, information associated with the existing financial service provider account; generating, by the one or more processors, the new financial service provider account associated with the second financial service provider based at least on the received information; transferring, by the one or more processors, funds associated with the existing financial service provider account to the new financial service provider account; and sending information associated with the new financial service provider account to the self-service device. 
     Disclosed embodiments further include self-service devices for switching an existing financial service provider account associated with a first financial service provider to a new financial service provider account associated with a second financial service provider. The self-service device may include one or more processors and a memory. The memory may store instructions that, when executed by the one or more processors, cause the one or more processors to perform operations including: receiving a request from a user to switch the existing financial service provider account associated with the first financial service provider to the new financial service provider account associated with the second financial service provider; receiving a payment card associated with the existing financial service provider account; generating information associated with the existing financial service provider account based on the received payment card; sending, to a server associated with the second financial service provider, a request to switch from the existing financial service provider account associated with the first financial service provider to the new financial service provider account associated with the second financial service provider; receiving, from the server associated with the second financial service provider, information associated with the new financial service provider account; and providing, at the self-service device, a payment card associated with the new financial service provider account to the user. 
     Additional objects and advantages of the disclosed embodiments will be set forth in part in the description which follows, and in part will be apparent from the description, or may be learned by practice of the embodiments. The objects and advantages of the disclosed embodiments may be realized and attained by the elements and combinations set forth in the claims. 
     It is to be understood that both the foregoing general description and the following detailed description are exemplary and explanatory only and are not restrictive of the disclosed embodiments, as claimed. For example, the methods relating to the disclosed embodiments may be implemented in system environments outside of the exemplary system environments disclosed herein. 
    
    
     
       BRIEF DESCRIPTION OF THE DRAWINGS 
       The accompanying drawings, which are incorporated in and constitute a part of this specification, illustrate disclosed embodiments and, together with the description, serve to explain the disclosed embodiments. In the drawings: 
         FIG. 1  is a block diagram of an exemplary system, consistent with disclosed embodiments. 
         FIG. 2  is a block diagram of an exemplary server, consistent with disclosed embodiments. 
         FIG. 3  is a block diagram of an exemplary ATM device, consistent with disclosed embodiments. 
         FIG. 4  is a flowchart of an exemplary bank account switching process at an ATM, consistent with disclosed embodiments. 
         FIG. 5  is a flowchart of an exemplary bank account switching process at a financial service provider system, consistent with disclosed embodiments. 
         FIG. 6  is a flowchart of an exemplary credit card account switching process at an ATM, consistent with disclosed embodiments. 
         FIG. 7  is a flowchart of an exemplary credit card account switching process at a financial service provider system, consistent with disclosed embodiments. 
     
    
    
     DETAILED DESCRIPTION 
     Reference will now be made in detail to the disclosed embodiments, examples of which are illustrated in the accompanying drawings. Wherever convenient, the same reference numbers will be used throughout the drawings to refer to the same or like parts. 
       FIG. 1  is a block diagram of an exemplary system  100  for performing one or more operations consistent with the disclosed embodiments. The components and arrangement shown in  FIG. 1  are not intended to be limiting to the disclosed embodiment as the components used to implement the processes and features disclosed here may vary. 
     In accordance with certain disclosed embodiments, system  100  may include an account switch system  102 , financial service provider system  110 , one or more ATMs  120 , one or more third-party systems  130 , and network  140 . The components and arrangement of the components included in system  100  may vary. Thus, system  100  may include other components that perform or assist in the performance of one or more processes consistent with the disclosed embodiments. 
     Financial service provider system  110  may be a system associated with a financial service provider, which may be any entity providing financial services. For example, financial service provider system  110  may be associated with a service provider such as, for example, a bank, credit card issuer, or any other type of financial service entity that generates, provides, manages, and/or maintains financial service accounts for one or more users. Financial accounts may include, for example, credit card accounts, bank accounts (e.g. checking accounts, saving accounts), loans, investment accounts, and any other type of accounts relating to financial products. In one aspect, financial service provider system  110  may provide services for switching the customers&#39; existing financial accounts (held with a financial service provider other than the provider associated with financial service provider system  110 ) to new financial accounts provided by financial service provider  110 . 
     In certain embodiments, financial service provider system  110  may include an account switch system  102 . Account switch system  102  may be a computer-based system including computer system components, such as one or more servers, desktop computers, workstations, tablets, hand held computing devices, memory devices, and/or internal network(s) connecting the components. In one embodiment, account switch system  102  may be a server that includes one or more processor(s), memory devices, and interface components. Account switch system  102  may include infrastructure and components configured to generate and/or provide financial service accounts such as credit card accounts, checking accounts, debit card accounts, loyalty or reward programs, lines of credit, and the like. Account switch system  102  may also include infrastructure and components that are configured to generate and/or provide customer switch of financial service accounts associated with another provider, such as debit accounts, credit cards, etc. 
     Account switch system  102  may also include infrastructures and components that are configured to manage transactions associated with a customer financial service account. In certain aspects, account switch system  102  may include one or more computing devices configured to communicate with ATM device  120  and/or third-party system  130  to perform processes associated with financial account switch. For example, account switch system  102  may include one or more computing devices configured to generate a new financial account, verifying user identify for account switching, and transfer funds and/or balances associated with a financial account provided by another financial service provider to the new financial account provided by the financial service provider associated with financial service provider system  110 . In certain aspects, a financial service provider associated with account switch system  102  may be (or include a service corresponding to) a bank, a credit card company, or the like. The financial service provider may maintain financial service accounts for customers, such as checking and saving accounts, in a manner known in the art. Account switch system  102  may be configured to perform operations associated with the management of financial service accounts and may allow one or more users (e.g., customers) to participate in operations related to switching financial accounts remotely, such as via network  140 . 
     ATM device  120  may include one or more computing devices configured to perform one or more operations consistent with disclosed embodiments. Although the present disclosure is described in connection with ATM, other electronic self-service devices that provide financial services to customers may also be used in place of ATMs. ATM device  120  may enable customers to carry out banking transactions. Examples of banking transactions include the dispensing of cash, the making of deposits, the transfer of funds between accounts, the payment of bills, the cashing of checks, the purchase of money orders, and account balance inquiries. In accordance with certain disclosed embodiments, ATM device  120  may enable customers to switch financial accounts from one provider to a new provider and dispense a new account card, such as a payment card or credit card, at the end of the automated account switch process. 
     ATM device  120  may communicate with financial service provider system  110  via network  140 . In certain embodiments, ATM device  120  may be configured to execute instructions that perform account switching processes. For example, ATM device  120  may be configured to receive a request from a user to perform financial account switching from one provider to another provider. ATM device  120  may be configured to receive a payment card or credit card from a user and read the existing financial account information. ATM device  120  may also be configured to receive from account switch system  102  information of the new financial account for the user, and to produce and provide a new payment card or credit card associated with the new financial account and associated with user  112 . 
     Third-party system  130  may be one or more computer systems associated with a third-party. Third-party system  130  may include one or more computing systems that are configured to perform computer-implemented processes, such as a server, desktop, laptop, mobile device, etc. Third-party system  130  may be associated with an entity that may arrange to transact with a customer. For example, third-party system  130  may be associated with an entity that receives a payment from a customer (e.g., bill payment to a merchant), delivers a payment to a customer (e.g., direct deposit from a financial service provider, such as an employer&#39;s bank), and/or processes a payment to or from a customer (e.g., ACH processing). Third party system  130  may also offer connectivity to a user&#39;s previous online bank account (e.g., accessed through input of username and password) in order to obtain transactions for use with account switch system  102 . 
     In one example, a third-party system  130  may be associated with a merchant, such as one or more providers of goods and/or services, such as a retailer, etc. Third-party system  130  may be configured to perform financial transaction processes, such as receiving, processing, and handling payment transactions associated with the sale of goods and/or services provided by the associated merchant. Third-party system  130  may be configured to receive payments from a financial account held by a customer of financial service provider system  110 . In one example, the payments may be recurring payments to the merchant associated with third-party system  130  for goods and/or services received by the customer (e.g., payments associated with a household bill, such as an electric bill). Third-party system  130  may communicate with financial service provider system  110  to allow transfer of funds from the customer account to the merchant for making one or more payments. 
     In another example, a third-party system  130  may be associated with a financial service provider, which may be different from the provider associated with financial service provider system  110 . In one aspect, the financial service provider associated with third-party system  130  may maintain a financial account for the customer (e.g., user  112 ). For example, the financial account may be a credit card account. The third-party system  130  may be configured to communicate with financial service provider system  110  to allow transfer of funds from the customer account associated with financial service provider system  110  to the other customer account (held with the financial service provider associated with third-party system  130 ), such as for the payment of a credit card bill. In another aspect, third-party system  130  may be associated with a financial service provider configured to make payments to the customer, such as direct deposits into the customer&#39;s financial account. For example, third-party system  130  may be associated with a bank through which a customer&#39;s employer makes payments to their employees. 
     In yet another example, a third-party system  130  may be associated with a financial transaction processing service, such as an automated clearing house. In this instance, third-party system  130  may be configured to process transactions to send money to or from a customer&#39;s financial account. For example, third-party system  130  may be configured to receive funds from a customer account and send the funds to a merchant to make a payment owed by the customer. Similarly, third-party system  130  may be configured to receive funds from a financial service provider and send the funds to the customer&#39;s account to make a payment to the customer. 
     Network  140  may be any type of network that provides communications, exchanges information, and/or facilitates the exchange of information between account switch system  102 , other components of financial service provider system  110 , ATM device  120 , and/or third-party system  130 . In one embodiment, network  140  may be the Internet, a Local Area Network, or other suitable connection(s) that enables system  100  to send and receive information between the components of system  100 . In other embodiments, one or more components of system  100  may communicate directly through a dedicated communication link(s) (not shown), such as links between ATM device  120 , financial service provider system  110 , and third-party system  130 . 
     In one embodiment, user  112  may operate ATM device  120  to perform one or more processes associated with account switch system  102 . User  112  may operate ATM device  120  to communicate with account switch system  102  to manage an account switch. An account switch may include any instance in which a customer chooses to stop use and/or close one financial account in favor of another financial account. The account switch may include switch of a single transaction normally made using one financial account to another financial account (e.g., paying a bill with a different account), switch of all transactions associated with one financial account to another financial account (e.g., switching to a new account and closing an old account), or something in-between. Transactions may include, for example, deposits into a financial account, such as a direct deposit, and/or payments made from a financial account, such as bills paid by one or more of a payment processer (e.g., ACH), a debit card, or a bill pay system. In an exemplary embodiment, a customer (e.g., user  112 ) may open a new financial account (e.g., a checking account) with financial service provider system  110  and switch some or all transactions from a financial account held with another financial service provider to the new account, using account switch system  102 . 
     It should be understood that switching of transactions may refer to any process by which a current or future transaction is made through one financial account instead of another financial account. For example, switching of a transaction may refer to changing an arrangement with a third-party such that future transactions occur through one financial account different from another financial account previously used to transact with the third-party. 
     In executing the one or more processes associated with an account switch, account switch system  102  may communicate with other components of system  100 , such as one or more third-party system  130 . These communications may arrange to complete switches of transactions (e.g., bill payments, direct deposits, etc.) associated with the customer from one financial account to another financial account. For example, account switch system  102  may communicate with a third-party system  130  associated with a merchant to switch automatic recurring payments made by the customer to the merchant from one financial account (e.g., an old financial account) to another financial account (e.g., a new financial account). 
     In another aspect, account switch system  102  may communicate with a third-party system  130  associated with the financial service provider that maintains the financial account from which the customer is switching. For example, account switch system  102  may communicate with a financial service provider associated with the customer&#39;s previous financial account, to instruct the financial service provider to complete transactions with the previous account (e.g., pay a bill, transfer funds to the new account, stop payments, etc.). In this way, the customer may switch accounts used for transactions with third-parties through use of account switch system  102 . 
       FIG. 2  shows a block diagram of an exemplary server  200  for implementing embodiments consistent with the present disclosure. In an exemplary embodiment, server  200  may correspond to account switch system  102 . It should be understood, however, that variations of server  200  may be used by other components of system  100 , including other components of financial service provider system  110 , third-party system  130 , and/or ATM Device  120 . 
     In one embodiment, server  200  may include one or more processor(s)  204 , memory devices, such as memory  208 , and interface components  206 . Server  200  may take the form of a mobile computing device, general purpose computer, a mainframe computer, or any combination of these components. According to some embodiments, server  200  may comprise web server(s) or similar computing devices that generate, maintain, and provide web site(s) consistent with disclosed embodiments. Server  200  may be standalone, or it may be part of a subsystem, which may be part of a larger system. For example, server  200  may represent distributed servers that are remotely located and communicate over a network (e.g., network  140 ) or a dedicated network, such as a LAN. Server  200  may correspond to any of ATM device  120 , third-party system  130 , and financial service provider system  110 . 
     Processor(s)  204  may be one or more known processing devices, such as a single core or multiple core processor system that provides the ability to perform parallel processes simultaneously. For example, processor  204  may be a single core processor that is configured with virtual processing technologies known to those skilled in the art. In certain embodiments, processor  204  may use logical processors to simultaneously execute and control multiple processes. Processor  204  may implement virtual machine technologies, or other similar known technologies to provide the ability to execute, control, run, manipulate, store, etc. multiple software processes, applications, programs, etc. In another embodiment, processor(s)  204  may include a multiple-core processor arrangement (e.g., dual or quad core) that is configured to provide parallel processing functionalities to allow card switch system  102  to execute multiple processes simultaneously. One of ordinary skill in the art would understand that other types of processor arrangements could be implemented that provide for the capabilities disclosed herein. 
     Memory  208  may include one or more storage devices configured to store instructions used by processor  204  to perform functions related to disclosed embodiments. For example, memory  208  may be configured with one or more software instructions, such as program(s)  210  that may perform one or more operations when executed by processor  204 . The disclosed embodiments are not limited to separate programs or computers configured to perform dedicated tasks. For example, memory  208  may store a single program  210  that performs the functions of the server  200 , or program  210  could comprise multiple programs. Additionally, processor  204  may execute one or more programs located remotely from server  200 . For example, ATM device  120 , third-party system  130 , and/or financial service provider system  110 , may, via server  200 , access one or more remote programs that, when executed, perform functions related to certain disclosed embodiments. Memory  208  may also store data  240  that may reflect any type of information in any format that the system may use to perform operations consistent with the disclosed embodiments. 
     I/O devices  206  may be one or more devices configured to allow data to be received and/or transmitted by server  200 . I/O devices  206  may include one or more digital and/or analog communication devices that allow server  200  to communicate with other machines and devices, such as other components of system  100 . 
     Server  200  may also be communicatively connected to one or more database(s)  226 . Server  200  may be communicatively connected to database(s)  226  through network  140 . Database  226  may include one or more memory devices that store information and are accessed and/or managed through server  200 . By way of example, database(s)  226  may include Oracle™ databases, Sybase TM databases, or other relational databases or non-relational databases, such as Hadoop sequence files, HBase, or Cassandra. The databases or other files may include, for example, data and information related to the source and destination of a network request, the data contained in the request, etc. Systems and methods of disclosed embodiments, however, are not limited to separate databases. In one aspect, server  200  may include database  226 . Alternatively, database  226  may be located remotely from the server  200 . Database  226  may include computing components (e.g., database management system, database server, etc.) configured to receive and process requests for data stored in memory devices of database(s)  226  and to provide data from database  226 . 
       FIG. 3  shows an exemplary ATM device  120  consistent with disclosed embodiments. In one embodiment, ATM device  120  may include one or more processors  302 , one or more network interfaces  306 , one or more memories  308 , card reader  314 , card printer  316 , card dispenser  318 , and one or more input/output (I/O) devices  320 . In some embodiments, ATM device  120  may comprise a camera that can be configured to capture an image of a user who is initiating a transaction with ATM device  120 . ATM device  120  may be configured to send the image of the user to financial service provider system  110  for user identity verification. In some embodiments, ATM device  120  may comprise a camera that can be configured to capture an image of a payment card issued by a financial service provider, such as a bank account card or a credit card. ATM device  120  may also comprise software programs that may be configured to scan, read, and/or decode the captured image of a payment card consistent with disclosed embodiments. 
     Processor  302  may include one or more known single core or multiple core processor systems that provide the ability to perform parallel processes simultaneously. For example, processor  302  may be a single core processor that is configured with virtual processing technologies known to those skilled in the art. In certain embodiments, processor  302  may use logical processors to simultaneously execute and control multiple processes. Processor  302  may implement virtual machine technologies, or other similar known technologies to provide the ability to execute, control, run, manipulate, store, etc. multiple software processes, applications, programs, etc. In another embodiment, processor(s)  302  may include a multiple-core processor arrangement (e.g., dual or quad core) that is configured to provide parallel processing functionalities to allow ATM device  120  to execute multiple processes simultaneously. One of ordinary skill in the art would understand that other types of processor arrangements could be implemented that provide for the capabilities disclosed herein. 
     Network interface  306  may be one or more devices configured to allow data to be received and/or transmitted by ATM device  120 . Network interface  306  may include one or more digital and/or analog communication devices that allow ATM device  120  to communicate with other machines and devices, such as other components of system  100 . Network interface  306  may also be configured to enable a dedicated communication link(s) between ATM device  120  and financial service provider system  110 . 
     Memory  308  may include one or more storage devices configured to store instructions used by processor  302  to perform functions related to disclosed embodiments. For example, memory  308  may be configured with one or more software instructions, such as program(s)  310  that may perform one or more operations when executed by processor  302 . Memory  308  may also store data  312  that is used by one or more programs  310 . 
     In certain embodiments, memory  310  may store software processes that may be executed by processor(s)  302  to perform one or more financial accounts switching processes consistent with disclosed embodiments. For example, memory  310  may store software processes that initiate a request with financial service provider system  110  to switch financial accounts. In certain aspects, memory  310  may store software processes that identify the existing financial account based on an account card received from a user. For instance, these software instructions may, when executed by processor(s)  302 , process information related to an existing financial account and send the information to financial service provider system  110 . In certain aspects, memory  310  may store software processes that receive information of a new financial account from financial service provider system  110  and produce an account card accordingly. 
     Card reader  314  may be configured to read magnetically encoded information on transaction instruments such as bank cards. In some embodiments, ATM device  120  may include a smart card reader, a wireless transceiver or any other suitable interface for exchanging transaction information with a transaction instrument. The transaction instrument may be a chip, an RFID tag, a smart card, a PDA, a telephone or any other suitable device. 
     Card printer  316  may be configured to encode the account information of the new financial account on the magnetic stripe of a payment card, such as a bank card or a credit card, and print the embossed information on a blank card. For example, card printer  316  may include a card writer that may encode part of all payment data and personal account data required to conduct transactions, such as account holder name, card account number, expiration date, security codes, encoded magnetized strip, integrated circuit cards (IC cards or “chip cards”), and/or corresponding security pin. In certain embodiments, card printer  316  may be configured to print the embossed information on a customized card selected by a user. Card dispenser  318  may provide the user of ATM device  120  with the newly printed account card associated with financial service provider  110 . Although for ease of discussion the present disclosure discusses card printer  316  in the context of printing financial payment cards employing magnetic stripes, it should be understood that, additionally or alternatively, card printer  316  may be configured to configure other payment devices. For example, card printer  316  may be configured to encode the account information of the new financial account on other types of financial service payment products, such as contactless payment solutions and the like. 
     I/O interface  320  may be one or more devices configured to allow data to be received and/or transmitted between ATM device  120  and user  112 . I/O interface  320  may include one or more digital and/or analog devices that allow ATM device  120  to communicate with user  112 . For example, I/O interface  320  may include a screen for exchanging information with user  112 . I/O interface  320  may also include a keypad for the user to enter numerical and textual data. I/O interface  320  may also include one or more digital and/or analog devices that allow user  112  to interact with ATM device  120  such as a touch-sensitive area, speaker, optical scanners, or microphones. I/O interface  320  may also include other components known in the art for interacting with user  112 . ATM device  120  may be configured to perform certain actions based on received input from the user, such as through detected input through I/O interface  320 . 
     The components of ATM device  120  may be implemented in hardware, software, or a combination of both hardware and software, as will be apparent to those skilled in the art. 
       FIG. 4  shows a flowchart of an exemplary bank account switching process  400  at an ATM device, consistent with disclosed embodiments. In step  410 , ATM device  120  may receive a request from user  112  to switch bank account via I/O interface  320 . For example, ATM device  120  may be configured to receive a user input from a touch-screen display indicating that the user desires to switch an existing bank account associated with a service provider to a new bank account associated with another service provider. ATM device  120  may also be configured to receive the user input from a keyboard or keypad input, or from a voice input via a microphone, or a combination of these. In certain embodiments, ATM device  120  may cause a display to be presented to the customer presenting the customer with transaction options available (such as, switch bank accounts, withdraw funds, make a balance inquiry, make a funds transfer, transfer funds to another account holder, etc.). 
     In step  420 , ATM device  120  may receive a payment card associated with the existing bank account from user  112  via I/O interface  320 . For example, ATM device  120  may be configured to receive a payment card via a card reader port. In one aspect, ATM device  120  may be configured to prompt user  112  to provide the payment card associated with the existing bank account after receiving the user request to switch bank account. For example, ATM device  120  may prompt user  112  to provide the payment card associated with the existing bank account by displaying a message on the screen. For another example, ATM device  120  may prompt user  112  to provide the payment card associated with the existing bank account by outputting a voice message via a speaker of ATM device  120 . 
     In step  430 , ATM device  120  may generate information associated with the existing bank account based on the received payment card. For example, the card reader of ATM device  120  may read magnetically encoded information on the payment card and generate the account information associated with the payment card, such as account number, account type, cardholder data, identity of the card account provider, etc. In certain embodiments, ATM device  120  may be configured to collect additional information associated with the existing bank account via I/O interface  320 . For example, ATM device  120  may be configured to prompt the user to enter additional information associated with the existing bank account through a touch-screen display, a keypad, a keyboard, a voice input, or the like. The additional information to be entered by user  112  may include the cardholder&#39;s identity, the account history of the existing bank account, whether the user wishes to transfer all the remaining funds in the existing bank account to the new bank account, whether the user wishes to set up automatic bill payment with the new bank account, any passcode associated with the existing bank account, etc. 
     In step  440 , ATM device  120  may send a bank account switching request and the information associated with the existing bank account to a server of the financial service provider system that the new bank account is associated with. For example, ATM device  120  may be configured to identify a network address associated with a server associated with the new financial service provider. The new financial service provider may be associated with financial service provider system  110 . The new financial service provider may or may not be the same provider as that of the ATM device  120 . For another example, ATM device  120  may be configured to send the bank account switching request, the account number of the existing bank account, and the identity of the cardholder, to financial service provider system  110 . ATM device  120  may also be configured to receive request from financial service provider system  110  to collect additional information from user  112 . In response, ATM device  120  may be configured to prompt user  112  to enter the additional information required by financial service provider system  110 . 
     In certain embodiments, ATM device  120  may send data associated with user identity to financial service provider system  110  for verification of user identity. The user identity data includes, for example, an image captured by a camera of ATM device  120 , an identity card provided by user  112  (such as a driver license or the like), biometric data entered by user  112 , etc. ATM device  120  may be configured to receive, from financial service provider system  110 , whether the identity of the user is verified. For example, financial service provider system  110  may compare the received user identity data with the data stored in a database (whether accessible internally or externally through a third-party), and determine whether the received user identity data matches the data stored in a database. If ATM device  120  receives an indication from financial service provider system  110  that the user identity cannot be verified, ATM device  120  may proceed to terminate the account switching process with user  112  or prompt user  112  to provide additional information for identity verification. On the other hand, if ATM device  120  receives an indication from financial service provider system  110  that the user identity is verified, ATM device  120  may proceed to continue the account switching process with user  112 . 
     In step  450 , ATM device  120  may receive information associated with a new bank account from a server of financial service provider system  110 . The operations with respect to creating the new bank account at financial service provider system  110  will be described in connection with  FIG. 5 . In one embodiment, the information associated with the new bank account may include account number of the new bank account, expiration date of a new payment card, available funds in the new bank account, etc. In one example, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to view and/or configure the new bank account. For example, ATM device  120  may present user  112  with the new account information, such as the available funds in the new bank account, account number associated with the new bank account, expiration date of the new payment card, etc. ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to withdraw funds from the new bank account, make deposit to the new bank account, transfer funds to/from the new bank account, etc. Additionally, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to set up automatic bill payment or deposit associated with the new bank account. For example, ATM device  120  may allow user  112  to select whether to transfer some or all of the automatic bill payment and/or deposit associated with the previous bank account to the new bank account. ATM device  120  may allow user  112  to add new entry of automatic bill payment and/or deposit to the new bank account. 
     In step  460 , ATM device  120  may provide a payment card associated with the new bank account to the user. ATM device  120  may encode the data associated with the new bank account on the magnetic stripe of the new payment card. ATM device  120  may also be configured to emboss the new payment card with the account number of the new bank account, expiration date of the new payment card, cardholder&#39;s name, etc. ATM device  120  may print the new payment card and provide it to the user through card dispenser  318 . In certain embodiments, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to select a customized design of the new payment card. The new payment card may be activated for subsequent purchases by financial service provider system  110  before or when the new payment card is provided to user  112 . The disclosed embodiments may enable user  112  to use the new payment card for purchases or other transactions immediately after the ATM device  120  produces the new payment card. In some embodiments, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to request additional payment cards with the new bank account. For example, ATM device  120  may allow user to add a co-owner for the new bank account. Accordingly, ATM device  120  may produce and provide an additional payment card with a different cardholder name to user  112 . In certain embodiments, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to request to mail the new payment card to user. For example, if a desired design of payment card is not available at ATM device  120 , ATM device  120  may be configured to send a request to financial service provider system  110  for mailing a new payment card with a selected design to user  112 . 
       FIG. 5  is a flowchart of an account switching process performed at a server of financial service provider system  110  consistent with the disclosed embodiments. At step  510 , financial service provider system  110  may receive a request from ATM  120  to switch bank account for user  112 . In one example, the request may indicate that a user desires to open a new bank account with financial service provider system  110  and to transfer the available funds and automatic bill payment and deposit associated with an existing bank account with another provider to the new bank account. In other embodiments, financial service provider system  110  may receive a request from a mobile device associated with user  112 , indicating that user  112  desires to switch from an existing bank account to a new account with financial service provider system  110 . For example, the mobile device may be configured to execute software instructions that send an electronic request to financial service provider system  110  for bank account switching. 
     At step  520 , financial service provider system  110  may receive information associated with the existing bank account from ATM device  120 . In some embodiments, financial service provider system  110  may receive from ATM device  120  the account number, the provider associated with the existing bank account, name of the cardholder, etc. Financial service provider system  110  may receive from ATM device  120  user identity information, for example, an image of user  112  captured by a camera of ATM device  120 , an identity card provided by user  112  (such as a driver license or the like), or biometric data entered by user  112 . In other embodiments, financial service provider system  110  may receive from a mobile device a photo of a payment card associated with the existing bank account. For example, the mobile device may be configured to execute software instructions that take a photo of a payment card associated with the existing bank account via a camera and send the photo to financial service provider system  110  for bank account switching. For another example, the mobile device may be configured to execute software instructions that read data of the payment card associated with the existing bank account via a card reader, and then send the data associated with the existing bank account to financial service provider system  110  for bank account switching. 
     At step  530 , financial service provider system  110  may verify user identity based on the received information from ATM device  120  (and/or the mobile phone). For example, financial service provider system  110  may compare the received user identity data with the data stored in a database, and determine whether the received user identity data matches the data stored in a database. If financial service provider system  110  determines that the received user identity data matches the data stored in the database, financial service provider system  110  may send an indication to ATM device  120  (and/or mobile phone) indicating that the user identity is verified. If financial service provider system  110  determines that the received user identity data does not match the data stored in the database, financial service provider system  110  may send an indication to ATM device  120  (and/or the mobile phone) indicating that the user identity cannot be verified and that the account switching process is terminated. In some embodiments, financial service provider system  110  may request ATM device  120  (and/or mobile phone) to obtain additional user information for identity verification. If the user identity is verified, financial service provider system  110  may proceed to continue the account switching process for user  112 . 
     In some embodiments, financial service provider system  110  may also validate the user identity by comparing user identity to prohibited lists as determined by laws and regulations. If the user is found on the prohibited lists, financial service provider system  110  may send an indication to ATM device  120  (and/or the mobile phone) indicating that the user identity cannot be validated and that the account switching process is terminated. If the user identity is validated, financial service provider system  110  may proceed to continue the account switching process for user  112 . 
     At step  540 , financial service provider system  110  may proceed to create a new bank account. The new bank account may be created in accordance with certain request received at ATM  120  by user input. For example, the new bank account may be a checking account, a saving account, a special checking account without monthly fees, a special checking account authorizing a number of free transactions per month, etc. At step  550 , financial service provider system  110  may transfer data, such as funds, from existing bank account to the new bank account. In some embodiments, financial service provider system  110  may transfer all available funds in the existing bank account to the new bank account. In some embodiments, financial service provider system  110  may receive a user selected amount of funds from ATM device  120 , and financial service provider system  110  may transfer the selected amount of funds from the existing bank account to the new bank account. In some embodiments, financial service provider system  110  may determine whether the account terms associated with the new bank account, such as fee terms, interest rates, reward benefits, are more favorable compared to the account terms associated with the existing bank account. For example, if the account terms associated with the new bank account are equally or less favorable than the account terms associated with the existing bank account, financial service provider system  110  may adjust the account terms associated with the new bank account such that they are more favorable than the account terms associated with the existing bank account. 
     At step  560 , financial service provider system  110  may capture bill payment data associated with the existing bank account. In one example, financial service provider system  110  may communicate with third-party system  130  to retrieve a transaction list of the existing bank account. Financial service provider system  110  may send a request along with information of the existing bank account to third-party system  130  to retrieve past transaction activities associated with the existing bank account during a past time duration, for example, for the last six months. Subsequently, financial service provider system  110  may receive from third-party system  130  a list of transactions associated with the existing bank account that occurred during the specified time period. Third-party system  130  may be one or more computer systems associated with the existing bank account, entities that receive a payment from the existing bank account, entities that deliver a payment to the existing bank account, and/or entities that process a payment to or from the existing bank account. Financial service provider system  110  may execute software processes to identify automatic bill payment based on the transaction history of the existing bank account. In another example, financial service provider system  110  may receive automatic bill payment information associated with the existing bank account directly from third-party system  130 . In some embodiments, financial service provider system  110  may receive automatic bill payment information associated with the existing bank account from ATM device  120  which may receive the automatic bill payment information from user  112  via I/O interface  320 . 
     At step  570 , financial service provider system  110  may configure automatic bill payment and/or deposit for the new bank account. In one example, financial service provider system  110  may communicate with third-party system  130  to switch future payments or deposits associated with the existing bank account to the new bank account that has been opened. In some embodiments, financial service provider system  110  may request for user confirmation via ATM device  120  (and/or a mobile device operated by the user) for switching the future payments or deposits to the new bank account. Financial service provider system  110  may receive an indication from third-party system  130  that the account switching is complete. In some embodiments, financial service provider system  110  may configure the new bank account with all automatic bill payments and/or deposits associated with the existing bank account. In other embodiments, financial service provider system  110  may configure the new bank account with certain automatic bill payments and/or deposits associated with the existing bank account that may be selected by user  112 . In some embodiments, financial service provider system  110  may send a notification to ATM device  120  indicating that certain or all automatic bill payments and/or deposits associated with the existing bank account are switched to the new bank account. 
     At step  580 , financial service provider system  110  may send information associated with the new bank account, such as account number, cardholder&#39;s name, account type (checking, saving, etc.), expiration date of the new payment card, to ATM device  120 . Financial service provider system  110  may subsequently receive an acknowledgement message from ATM device  120  indicating that the new payment card is produced and delivered to user  112 . In some embodiments, financial service provider system  110  may receive a message from ATM device  120  indicating that ATM device  120  is unable to produce the new payment card associated with the new bank account. Consequently, financial service provider system  110  may execute processes that are configured to produce the new payment card and mail it to user  112 . 
       FIG. 6  is a flowchart of an exemplary credit card account switching process at an ATM, consistent with disclosed embodiments. In step  610 , ATM device  120  may receive a request from user  112  to switch credit card account via I/O interface  320 . For example, ATM device  120  may be configured to receive a user input from a touch-screen display indicating that the user desires to switch an existing credit card account associated with a service provider to a new credit card account associated with another service provider. ATM device  120  may also be configured to receive the user input from a keyboard or keypad input, or from a voice input via a microphone, or a combination of these. In certain embodiments, ATM device  120  may cause a display to be presented to the customer presenting the customer with transaction options available (such as, for example, switching credit card accounts, withdrawing funds, making a balance inquiry, making a funds transfer, transferring funds to another account holder, etc.). 
     In step  620 , ATM device  120  may receive a credit card associated with the existing credit card account from user  112  via I/O interface  320 . For example, ATM device  120  may be configured to receive a credit card via a card reader port. In one aspect, ATM device  120  may be configured to prompt user  112  to provide the credit card associated with the existing credit card account after receiving the user request to switch credit card account. For example, ATM device  120  may prompt user  112  to provide the credit card associated with the existing credit card account by displaying a message on the screen. For another example, ATM device  120  may prompt user  112  to provide the credit card associated with the existing credit card account by outputting a voice message via a speaker of ATM device  120 . 
     In step  630 , ATM device  120  may generate information associated with the existing credit card account based on the received credit card. For example, the card reader of ATM device  120  may read magnetically encoded information on the credit card and generate the account information associated with the credit card, such as account number, credit card type (such as Visa, Mastercard, American Express, etc.), cardholder data, identity of the card account provider, etc. In certain embodiments, ATM device  120  may be configured to collect additional information associated with the existing credit card account via I/O interface  320 . For example, ATM device  120  may be configured to prompt the user to enter additional information associated with the existing credit card account through a touch-screen display, a keypad, a keyboard, a voice input, or the like. The additional information to be entered by user  112  may include the cardholder&#39;s identity, the account history of the existing credit card account, whether the user wishes to transfer all the outstanding balances in the existing credit card account to the new credit card account, etc. 
     In step  640 , ATM device  120  may send a credit card account switching request and the information associated with the existing credit card account to a server of the financial service provider system that the new credit card account is associated with. For example, ATM device  120  may be configured to identify a network address associated with a server associated with the new financial service provider. The new financial service provider may be associated with financial service provider system  110 . The new financial service provider may or may not be the same provider as that of the ATM device  120 . For another example, ATM device  120  may be configured to send the credit card account switching request, the account number of the existing credit card account, and the identity of the cardholder, to financial service provider system  110 . ATM device  120  may also be configured to receive request from financial service provider system  110  to collect additional information from user  112 . In response, ATM device  120  may be configured to prompt user  112  to enter the additional information required by financial service provider system  110 . 
     In certain embodiments, ATM device  120  may send data associated with user  112 &#39;s identity to financial service provider system  110  for verification of user identity. The user identity data includes, for example, an image captured by a camera of ATM device  120 , an identity card provided by user  112  (such as a driver license or the like), or biometric data entered by user  112 . ATM device  120  may be configured to receive, from financial service provider system  110 , an indication of whether the identity of the user is verified. For example, financial service provider system  110  may compare the received user identity data with the data stored in a database (whether accessible internally or externally through a third-party), and determine whether the received user identity data matches the data stored in a database. If ATM device  120  receives an indication from financial service provider system  110  that the user identity cannot be verified, ATM device  120  may proceed to terminate the account switching process with user  112  or prompt user  112  to provide additional information for identity verification. On the other hand, if ATM device  120  receives an indication from financial service provider system  110  that the user identity is verified, ATM device  120  may proceed to continue the account switching process with user  112 . 
     In step  650 , ATM device  120  may receive information associated with new credit card account from a server of financial service provider system  110 . The operations with respect to creating the new credit card account at financial service provider system  110  will be described in connection with  FIG. 7 . In one embodiment, the information associated with the new credit card account may include the account number of the new credit card account, expiration date of a new credit card, credit terms of the new credit card account, etc. The credit terms of the new credit card account may include a credit limit, rewards benefits, interest rates, interest charges, fee terms, payment terms, and/or the like. In one example, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to view and/or configure the new credit card account. For example, ATM device  120  may present user  112  with the new account information, such as the credit limit and/or outstanding balances in the new credit card account, account number associated with the new credit card account, expiration date of the new credit card, etc. ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to request cash advance from the new credit card account, make payments to the new credit card account, etc. Additionally, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to set up automatic payment associated with the new credit card account. ATM device  120  may also present user  112  via a display screen one or more interfaces that enable user  112  to select features associated with the new credit card account, such as the statement closing date. 
     In step  660 , ATM device  120  may provide a credit card associated with the new credit card account to the user. ATM device  120  may encode the data associated with the new credit card account on the magnetic stripe of the new credit card. For example, ATM device  120  may encode part of all payment data and personal account data required to conduct transactions, such as account holder name, card account number, expiration date, security codes, encoded magnetized strip, integrated circuit cards (IC cards or “chip cards”), and/or corresponding security pin. ATM device  120  may also be configured to emboss the new credit card with the account number of the new credit card account, expiration date of the new credit card, cardholder&#39;s name, etc. ATM device  120  may print the new credit card and provide it to the user through the card dispenser. In certain embodiments, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to select a customized design of the new credit card. The new credit card may be activated for subsequent purchases by financial service provider system  110  before or when the new credit card is provided to user  112 . The disclosed embodiments may enable user  112  to use the new credit card for purchases or other transactions immediately after the ATM device  120  produces the new credit card. In some embodiments, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to request additional credit card with the new credit card account. For example, ATM device  120  may allow user to add a joint account holder for the new credit card account. Accordingly, ATM device  120  may produce and provide an additional credit card with a different cardholder name to user  112 . In certain embodiments, ATM device  120  may present user  112  via a display screen one or more interfaces that enable user  112  to request to mail the new credit card to user. For example, if a desired design of credit card is not available at ATM device  120 , ATM device  120  may be configured to send a request to financial service provider system  110  for mailing a new credit card with a selected design to user  112 . 
       FIG. 7  is a flowchart of an exemplary credit card account switching process at a financial service provider system  110 , consistent with disclosed embodiments. At step  710 , financial service provider system  110  may receive a request from ATM  120  to switch credit card account for user  112 . In one example, the request may indicate that a user desires to open a new credit card account with financial service provider system  110  and to transfer the outstanding balances associated with an existing credit card account to the new credit card account. In some embodiments, financial service provider system  110  may receive a request from a mobile device associated with user  112 , indicating that user  112  desires to switch from an existing credit card account to a new account with financial service provider system  110 . For example, the mobile device may be configured to execute software instructions that send an electronic request to financial service provider system  110  for credit card account switching. 
     At step  720 , financial service provider system  110  may receive information associated with the existing credit card account from ATM device  120  (and/or the mobile phone). In some embodiments, financial service provider system  110  may receive from ATM device  120  the account number, the provider associated with the existing credit card account, name of the cardholder, etc. Financial service provider system  110  may receive from ATM device  120  user identity information, for example, an image of user  112  captured by a camera of ATM device  120 , an identity card provided by user  112  (such as a driver license or the like), or biometric data entered by user  112 . In other embodiments, financial service provider system  110  may receive from a mobile device a photo of a credit card associated with the existing credit card account. For example, the mobile device may be configured to execute software instructions that take a photo of a credit card associated with the existing credit card account via a camera and send the photo to financial service provider system  110  for credit card account switching. For another example, the mobile device may be configured to execute software instructions that read data of the credit card associated with the existing credit card account via a card reader, and then send the data associated with the existing credit card account to financial service provider system  110  for credit card account switching. 
     At step  730 , financial service provider system  110  may verify user  112 &#39;s identity based on the received information from ATM device  120  (and/or the mobile phone). For example, financial service provider system  110  may compare the received user identity data with the data stored in a database (whether accessible internally or externally through a third-party), and determine whether the received user identity data matches the data stored in a database. If financial service provider system  110  determines that the received user identity data matches the data stored in the database, financial service provider system  110  may send an indication to ATM device  120  indicating that the user identity is verified. If financial service provider system  110  determines that the received user identity data does not match the data stored in the database, financial service provider system  110  may send an indication to ATM device  120  indicating that the user identity cannot be verified and that the account switching process is terminated. In some embodiments, financial service provider system  110  may request ATM device  120  to obtain additional user information for identity verification. If the user identity is verified, financial service provider system  110  may proceed to continue the account switching process for user  112 . 
     In some embodiments, financial service provider system  110  may also validate the user identity by comparing user identity to prohibited lists as determined by laws and regulations. If the user is found on the prohibited lists, financial service provider system  110  may send an indication to ATM device  120  (and/or the mobile phone) indicating that the user identity cannot be validated and that the account switching process is terminated. If the user identity is validated, financial service provider system  110  may proceed to continue the account switching process for user  112 . 
     At step  740 , financial service provider system  110  may proceed to create a new credit card account. The new credit card account may be created in accordance with certain request received at ATM  120  by user input. For example, the new credit card account may be an account with no annual fees, or an account with rewards program, etc. At step  750 , financial service provider system  110  may obtain user credit information via third-party system  130 . In some embodiments, financial service provider system  110  may obtain income associated with user  112 , credit history associated user  112 , user&#39;s current credit score, etc. For example, financial service provider system  110  may send a request to third-party system  130  requesting credit information of user  112 , and may subsequently receive the requested information from third-party system  130 . Financial service provider system  110  may determine the credit worthiness of user  112  based on the obtained user credit information. For example, financial service provider system  110  may determine whether user  112  qualifies for a new credit card account based on the obtained user credit information. If financial service provider system  110  determines that user  112  does not qualify for a new credit card account, financial service provider system  110  may terminate the account switching process. Financial service provider system  110  may send an indication to ATM device  120  (and/or the mobile phone) indicating that user  112  does not qualify for a new credit card account with financial service provider system  110 . 
     At step  760 , financial service provider system  110  may determine the credit terms associated with the new credit card account. The credit terms associated with the new credit card account may include a credit limit, rewards benefits, interest rates, interest charges, fee terms, payment terms, and/or the like. For example, financial service provider system  110  may determine the credit terms based on credit terms of the existing credit card account, user income, credit score of the user, and/or credit history of the user, etc. In some embodiments, financial service provider system  110  may determine whether the credit terms associated with the new credit card account are more favorable compared to the credit terms associated with the existing credit card account. For example, if the credit terms associated with the new credit card account are equally or less favorable than the credit terms associated with the existing credit card account, financial service provider system  110  may adjust the credit terms associated with the new credit card account such that they are more favorable than the credit terms associated with the existing credit card account. In some embodiments, financial service provider system  110  may receive a user requested amount of credit limit from ATM device  120 , and financial service provider system  110  may determine whether to approve the requested credit limit for the new credit card account. 
     At step  770 , financial service provider system  110  may transfer balance from the existing credit card account to the new credit card account. In some embodiments, financial service provider system  110  may transfer all outstanding balances in the existing credit card account to the new credit card account. In some embodiments, financial service provider system  110  may receive a user selected amount of balances from ATM device  120 , and financial service provider system  110  may transfer the selected amount of balances from the existing credit card account to the new credit card account. 
     At step  780 , financial service provider system  110  may send information associated with the new credit card account, such as account number, cardholder&#39;s name, credit limit, expiration date of the new credit card, to ATM device  120 . Financial service provider system  110  may subsequently receive an acknowledgement message from ATM device  120  indicating that the new credit card is produced and delivered to user  112  (step not shown in figure). In some embodiments, financial service provider system  110  may receive a message from ATM device  120  indicating that ATM device  120  is unable to produce the new credit card associated with the new credit card account. Consequently, financial service provider system  110  may execute processes that are configured to produce the new credit card and mail it to user  112 . 
     The disclosed embodiments may allow a user to switch from an existing financial account to a new financial account using self-service devices such as ATM devices. Further, a new account card, such as a payment card or credit card associated with the new financial account, may be assigned to user  112 , activated and issued at the ATM device during the switch transaction. In this way, customers may switch an existing financial account to a new financial account in a simple and quick manner. 
     The exemplary disclosed embodiments describe systems and methods for handling switching of financial accounts using ATM devices. The foregoing description has been presented for purposes of illustration. It is not exhaustive and is not limited to the precise forms or embodiments disclosed. Modifications and adaptations of the embodiments will be apparent from consideration of the specification and practice of the disclosed embodiments. For example, the described implementations include hardware and software, but systems and methods consistent with the present disclosure can be implemented as hardware alone. 
     It is intended that the specification and examples be considered as exemplary only, with a true scope and spirit of the disclosed embodiments being indicated by the following claims. Furthermore, although aspects of the disclosed embodiments are described as being associated with data stored in memory and other tangible computer-readable storage mediums, one skilled in the art will appreciate that these aspects can also be stored on and executed from many types of tangible computer-readable media, such as secondary storage devices, like hard disks, floppy disks, or CD-ROM, or other forms of RAM or ROM. Accordingly, the disclosed embodiments are not limited to the above described examples, but instead is defined by the appended claims in light of their full scope of equivalents. 
     Moreover, while illustrative embodiments have been described herein, the scope includes any and all embodiments having equivalent elements, modifications, omissions, combinations (e.g., of aspects across various embodiments), adaptations or alterations based on the present disclosure. The elements in the claims are to be interpreted broadly based on the language employed in the claims and not limited to examples described in the present specification or during the prosecution of the application, which examples are to be construed as non-exclusive. Further, the steps of the disclosed methods can be modified in any manner, including by reordering steps or inserting or deleting steps. It is intended, therefore, that the specification and examples be considered as example only, with a true scope and spirit being indicated by the following claims and their full scope of equivalents.