Patent ID: 8005732

Claim:
A non-transitory computer-readable medium having stored thereon a plurality of instructions for processing applications, the plurality of instructions, when executed by a processor, are configured to cause the processor to perform operations comprising: receiving, by the processor, an incomplete first account application of a customer, including a name of a customer and less than a full government identification number, and selection of a check box indicating that the customer is a pre-existing customer, wherein the received first account application does not include a pre-stored user ID or logon identifier; transferring, by the processor, information entered by the customer in fields of the first account application to corresponding fields in a second account application, in response to the selection of a check box indicating that the customer is a pre-existing customer, wherein the transferring of the information from the first account application to the second account application is performed by an automated process; verifying, by the processor, the information provided in the first account application against stored information of an existing transaction account to update customer information; transmitting, by the processor, the second account application to the customer, wherein the second account application includes a fewer number of the fields for entering personal identification and financial information than the first account application which was previously presented to the customer, wherein the first application and the second application are applications for identical products or services; receiving, by the processor, a submitted second account application from the customer; and approving or denying, by the processor, the submitted second account application based on the information submitted with the second account application and retrieved stored information associated with the customer.