Patent ID: 8302852

Claim:
A money management network configured to permit at least one financial transaction comprising: at least one customer having access to the money management network; at least one financial institution linked to at least one network hub, at the financial institution there being account information associated with the financial institution and with the customer, the account information having a financial institution customer identifier, wherein the money management network is configured such that the customer can request the transmission of the financial institution customer identifier from the financial institution to the network hub, and wherein the financial institution customer identifier is transmitted to the network hub; at least one vendor linked to the at least one network hub, at the vendor there being vendor customer information associated with the vendor and with the customer, the vendor customer information having a vendor customer identifier, wherein the money management network is configured such that the customer can request the transmission of the vendor customer identifier from the vendor to the network hub, and wherein the vendor customer identifier is transmitted to the network hub; and, wherein within the network hub, the financial institution customer identifier and vendor customer identifier are selectively linked, thus forming a connection between the account information and the vendor customer information such that at least one financial transaction involving the financial institution, the vendor and the customer are permitted.