Method and system for approving of financial transactions
A method for approving of a financial transaction, that includes receiving transaction information related to the financial transaction, wherein the transaction information comprises identification of a financial account controlled by a consumer and an amount of the financial transaction, accessing...
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Format: | Patent |
Sprache: | eng |
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Zusammenfassung: | A method for approving of a financial transaction, that includes receiving transaction information related to the financial transaction, wherein the transaction information comprises identification of a financial account controlled by a consumer and an amount of the financial transaction, accessing a policy for the financial account based on a context of the financial transaction, wherein the policy is defined by the consumer, triggering an approval request based on a determination that the amount is above a limit set by the policy, sending the approval request to a mobile device of the consumer, receiving an approval response based on the approval request from the mobile device of the consumer, and approving the transaction based on the approval response. |
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