ADMINISTERING AND AUTOMATING A SPONSORED EMERGENCY SAVINGS PROGRAM

At least one computer-readable medium on which are stored instructions that, when executed by one or more processing devices, enable the one or more processing devices to perform a method. The method includes the steps of receiving over a network a request from an employing entity to facilitate an a...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: ANNASUNDARAM, GOPAL, SALIBA, BASSAM, LEVEY, ELAINE GILBERT, MILLER, DEVIN, SHANNON, ZACHARY SCOTT
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:At least one computer-readable medium on which are stored instructions that, when executed by one or more processing devices, enable the one or more processing devices to perform a method. The method includes the steps of receiving over a network a request from an employing entity to facilitate an automatic savings program including savings accounts for employees of the employing entity, receiving over the network a request from an employee to participate in the automatic savings program, automatically routing at predetermined time intervals an employee-selected amount of the employee's wages to a savings account of the employee, receiving at least one request over the network from the employee to transfer funds from the savings account of the employee to an employee-designated destination, and initiating the requested fund transfer.