Patent ID: 7606752

Claim:
An account exchange system comprising: a computerized data aggregation and summary service for gathering and aggregating data for a subscriber from a plurality of financial institutions; account exchange software operating on a server coupled to the data aggregation service; and an interactive solicitation module; wherein, in the process of performing the data and aggregation service for the subscriber the interactive solicitation module discovers via the subscribers transaction history at the financial institutions that the subscriber has initiated a transaction to close an account at a first financial institution and open a new account at a second financial institution and solicits the subscriber to further subscribe to an additional service for assisting the subscriber with the task of switching service accounts and account data between the accounts and when the subscriber accepts the new service initiated by the subscriber, the account exchange software causes an account to be terminated at the first financial institution and a new account to be opened at the second financial institution, using data from the first financial institution, and processing the data to be compatible with data requirements at the second financial institution, wherein at least one service at the second financial institution is discovered and offered to the subscriber by an entity hosting the system.