System for reducing information required to open a new account
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United States of America Patent
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Dec 25, 2012
Issued Date -
N/A
app pub date -
Jul 15, 2011
filing date -
Dec 31, 2003
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
An existing customer of a financial institution may open a new account with their financial institution using an optimized online interface. Initially, the interface presents a standard application for a new account in which an extensive number of fields for personal and financial information must be completed. A link is provided on this long application for use by existing account holders only. Upon selection of the link, an existing account holder is instead presented with a short application in which only the account holder's name, a portion of their social security number, their existing account number, and their account confirmation identifier are required to be entered.
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