SYSTEM AND METHOD FOR TRANSACTION ACCOUNT OWNER ACQUISITION

摘要

The systems, methods, and computer readable mediums described herein provide a secure method for a transaction account issuer to issue a digital pass to an existing transaction account holder (e.g., an existing user) that may be shared and/or provided to a prospective transaction account holder (e.g., a new user). The digital pass may be sharable from an existing user's user device to a new user's user device. The systems, methods, and computer readable mediums described herein may also employ an adaptive web design solution to increase application completion rates by capturing minimal viable information from a prospective member.

主权项

1. A method comprising:
transmitting, by a computer based system, a request for preliminary information to a user device, wherein the request is transmitted in response to an inquiry from a user regarding the user's eligibility for the transaction account, and wherein the computer based system comprises a processor and a tangible, non-transitory memory; receiving, by the computer based system, a response from the user; parsing, by the computer based system, the response into application information; creating, by the computer based system, an identity verification request based on the application information to create identify verification information; transmitting, by the computer based system, the identify verification information to a credit rating agency, wherein the credit rating agency is capable of providing personally identifying information and creditworthiness information to complete a credit application and to supplement the application information for the user; creating, by the computer based system, the credit application for submission to a transaction account issuer, based on the preliminary information provided by the user, the personally identifying information and credit worthiness information provided by the credit rating agency; determining, by the computer based system and on behalf of the transaction account issuer, that the credit application complies with a transaction account issuing threshold; issuing, by the computer based system, instructions to issue a transaction account to the user in response to the credit application at least partially satisfying the transaction account issuing threshold.