System for electronic notification of account activity

Details System for electronic notification of account activity System for electronic notification of account activity

1998-03-31

2000-05-16

MacDonald, Allen R.

Data processing: financial, business practice, management, or co

Business processing using cryptography

Secure transaction

705 16, 705 39, 705 44, 705 69, 34082533, 34082534, 379 9101, 235379, 235380, 380 24, 902 40, H01J 300

Patent

active

060649909

ABSTRACT:
Disclosed is a system for notifying a user of account activity, such as a withdrawal from a savings or checking account. A computer system maintains information on financial accounts and electronic user contact information for at least one of the financial accounts, such as a telephone number, e-mail address or pager number. Information on a transaction with respect to one of the financial accounts is received and processed. The computer system then processes the information on the transaction and generates an electronic message providing information on the transaction. The user contact information for the financial account involved in the transaction is processed. The message is then electronically transmitted to the location identified by the user contact information for the financial account.

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