SYSTEM AND METHOD FOR ESTABLISHING AN ONLINE FINANCIAL INCENTIVE PROGRAM FOR FISCALLY RESPONSIBLE BEHAVIOR
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United States of America Patent
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Issued Date -
Jul 30, 2015
app pub date -
Jan 29, 2014
filing date -
Jan 29, 2014
priority date (Note) -
Abandoned
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Abstract
Implementations are described for establishing an online financial incentive program that involve receiving first account information from a first user identifying financial account(s) authorized for monitoring and target financial account(s) authorized to receive funds from third party funding sources; receiving second account information from a second user identifying a source financial account to serve as one of the third party funding sources, at least one of the monitored accounts, and at least one of the target financial accounts; receiving reward criteria from the second user that defines a financial event associated with the selected monitored account and a corresponding contribution that is applied to the selected target account from the source financial account; tracking financial activity information from the selected monitored account; and directing funds from the source account to the selected target account when the tracked activity information corresponds to the financial event.
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