System authorization and risk management to avoid the Unauthorized use of Accounts

摘要

The Invention provides a system to maintain the criteria for approval of one or more accounts as determined by the account holder, the system includes a server capable of maintaining the criterion of approval of an account on its Life CycleA server can determine whether a transaction is Allowable against an account based on a selected Group of criteria for approval of account holderAn interface accessible on a local or wide area network configured to enable a sender System request permission to proceed with its own Processing authorization after the receipt of a request from an accountAn interface accessible on a wide Local Area Network configured to allow an account holder or a operator is authorized to instruct the server to allow or reject transactions based on the criterion of adopting variable selected by the account holder,And a system for authenticating a use before allowing operations are processed on the server in response to commands of the account holder.