System and method for delegating management of a financial transaction account to a designated assistant

Abstract

Systems, methods and computer program products for enabling a holder of a transaction account linked to a financial transaction instrument to delegate management of the transaction account to an assistant. Information relating to the transaction account, including at least identification information relating to the holder of the transaction account, is stored in a database. The database stores financial transaction data relating to financial transactions performed using the financial transaction instrument. A designation of at least one assistant to manage the transaction account on behalf of the holder is accepted and stored. Assistant management authentication data associated with the transaction account is established, to be used by the assistant to execute management instructions at a designated level of management access. An instruction from the assistant is accepted to access transaction data associated with the transaction account.

1 . A method, comprising:
 accepting, by a computer based system configured for designating authorization, a transaction account data access designation of a second user from a first transaction account holder, wherein the first transaction account holder has transaction account data authorization and the second user does not have transaction account data authorization;   enabling, by the computer based system and based on the designation, review of transaction account data by the second user; and   enabling, by the computer based system based on the designation, inquiries by a transaction account issuer regarding transaction account data.   
     
     
         2 . The method of  claim 1 , wherein the transaction account data is transaction account usage data. 
     
     
         3 . The method of  claim 1 , further comprising enabling, by the computer based system, management of the transaction account data by the second user. 
     
     
         4 . The method of  claim 1 , further comprising storing, by the computer based system, a respective level of management access defining the transaction account data access designations that the second user is authorized to perform in managing the transaction account data. 
     
     
         5 . The method of  claim 1 , further comprising enabling, by the computer based system, a second account holder to designate management of second transaction account data associated with a second transaction account to the second user, wherein the second transaction account holder has second transaction account data authorization and the second user does not have second transaction account data authorization. 
     
     
         6 . The method of  claim 1 , wherein the transaction account data access designation is performed contemporaneously with an opening of the transaction account. 
     
     
         7 . The method of  claim 1 , wherein the transaction account data access designation is performed after the transaction account is opened and used in a financial transaction. 
     
     
         8 . The method of  claim 1 , further comprising altering, by the computer based system, a stored level of access of the second user to a new level of access. 
     
     
         9 . The method of  claim 1 , further comprising enabling, by the computer based system, the first transaction account holder to terminate transaction account data access of the second user. 
     
     
         10 . The method of  claim 1 , wherein the second user inquires of the transaction account issuer regarding transaction account data. 
     
     
         11 . The method of  claim 1 , wherein the second user is an employee working for the holder of the transaction account. 
     
     
         12 . A system comprising:
 a processor configured for designating authorization,   a tangible, non-transitory memory configured to communicate with the processor,   the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:   accepting, by the processor, a transaction account data access designation of a second user from a first transaction account holder, wherein the first transaction account holder has transaction account data authorization and the second user does not have transaction account data authorization;   enabling, by the processor and based on the designation, review of transaction account data by the second user; and   enabling, by the processor and based on the designation, inquiries by a transaction account issuer regarding transaction account data.   
     
     
         13 . The system of  claim 12 , wherein the transaction account data is transaction account usage data. 
     
     
         14 . The system of  claim 12 , further comprising enabling, by the processor, management of the transaction account data by the second user. 
     
     
         15 . The system of  claim 12 , further comprising storing, by the processor, a respective level of management access defining the transaction account data access designations that the second user is authorized to perform in managing the transaction account data. 
     
     
         16 . The system of  claim 12 , further comprising enabling, by the processor, a second account holder to designate management of second transaction account data associated with a second transaction account to the second user, wherein the second transaction account holder has second transaction account data authorization and the second user does not have second transaction account data authorization. 
     
     
         17 . The system of  claim 12 , further comprising altering, by the processor, a stored level of access of the second user to a new level of access. 
     
     
         18 . The system of  claim 12 , further comprising enabling, by the processor, the first transaction account holder to terminate transaction account data access of the second user. 
     
     
         19 . The system of  claim 12 , wherein the second user inquires of the transaction account issuer regarding transaction account data. 
     
     
         20 . An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system configured for designating authorization, cause the computer-based system to perform operations comprising:
 accepting, by the computer based system , a transaction account data access designation of a second user from a first transaction account holder, wherein the first transaction account holder has transaction account data authorization and the second user does not have transaction account data authorization;   enabling, by the computer based system and based on the designation, review of transaction account data by the second user; and   enabling, by the computer based system based on the designation, inquiries by a transaction account issuer regarding transaction account data.