Offsite financial account onboarding

摘要

Offsite financial account onboarding is provided which creates a more streamlined process for a customer. The customer accesses a money services business electronic system to request financial account setup. The onboarding system establishes account access to a pooled custodial account managed by the money services business based on preliminary identification (ID) data from the customer. With only preliminary ID data, account access limits are assigned which reduces the risk of fraud or criminal activity with the customer's account access. Because account access is established with just the preliminary ID data, the customer may fully obtain account access directly from a mobile device. The money services business provides additional graduated access levels depending on additional ID data provided by the customer. Thus, depending on the type of ID data provided by the customer, the customer's account access will have corresponding access level rights to the custodial account.

主权项

1. A method comprising:
analyzing, by a financial transaction computer, preliminary identification (ID) information to determine an access level for a customer to a pooled custodial account; creating, by the computer, a customer access area for the customer in the pooled custodial account; and associating, by the computer, the customer access area with access limits, wherein the access limits are associated with the access level to the pooled custodial account, and wherein the preliminary ID information is used to determine the access level for the customer.