Systems and methods for electronic database communications
A system for managing a financial account in a low cash mode. The system may include a memory storing instructions, and a processor configured to execute the instructions to perform operations. The operations may include providing an interface; providing a notification to a user when a balance in the first account is deemed to be in low cash mode; presenting, when the first account balance is deemed to be in low cash mode, an option for a transfer request; receiving, a selection of the option for the transfer request to connect the first account with a second account; transferring funds from the second account to the first account; notifying the user that funds have been transferred from the second account to the first account; and further notifying the user that the balance in the first account is greater than the threshold value.
1. A system comprising:
a database configured to store information comprising:
account information associated with an account at a financial institution;
user information for a user associated with the account;
a mobile device unique identifier for a mobile device associated with the user; and
an account balance associated with the account;
a financial card associated with the account based on the account information;
a first processor, in electronic communication with the database, configured to execute instructions to perform operations associated with a first mode or a second mode, the first mode being a separate and distinct mode from the second mode, the first mode involving functions that the first processor is unable to perform while in the second mode, configured to:
receive the account balance from the database;
predict a future account balance based on the account balance;
determine whether the account is in the second mode based on the account balance and the future account balance; and
lock the financial card based on the determination;
an application configured for use on the mobile device, the application configured to:
display a notification indicating that:
the account is in the second mode; and
the financial card is locked; and
display a first user interface associated with the first mode;
provide a dashboard configuration to the first user interface, the dashboard configuration having a first set of controls associated with the account while in the first mode of operation; the dashboard configuration including a plurality of setup graphical user interfaces, including:
a first setup interface for receiving a first setting for a low cash mode threshold, wherein the first setup interface provides a first interactive sliding control that allows the user to select the low cash mode threshold;
a second setup interface for receiving a second setting for a financial card lock, wherein the second setup interface includes options for notification alerts, merchant designations, and selection of the financial card; and
a third setup interface displayed in response to the selection of the financial card, the third setup interface including:
a second interactive sliding control for receiving a third setting for a financial card lock threshold, and
a fourth setting for enabling an automatic activation of the financial card lock;
in response to the determination that the account is in the second mode, disabling the first user interface and enabling a second user interface associated with the second mode, the second user interface configured to:
display an option to approve spending for a specified period; and
receive a request to approve spending for the specified period;
the first processor further configured to:
unlock the financial card for the specified period based on the request;
permit the user to navigate only within the second user interface while the account is in the second mode; and
a second processor, in electronic communication with the database, configured to:
receive a transaction during the specified period; and
approve the transaction.
2. The system of claim 1 , wherein the request comprises configuring an allowed spending condition.
3. The system of claim 2 , wherein the allowed spending condition comprises an approved geolocation; and
the second processor is further configured to:
receive a second transaction during the specified period;
determine that the second transaction originated outside of the approved geolocation; and
decline the second transaction based on the determination.
4. The system of claim 3 , wherein the approved geolocation corresponds to a merchant.
5. The system of claim 4 , wherein the merchant is a grocery store.
6. The system of claim 2 , wherein the allowed spending condition comprises a predetermined spending limit; and
the second processor is further configured to:
receive a second transaction during the specified period and greater than the predetermined spending limit; and
decline the second transaction.
7. The system of claim 6 , wherein the user interface is further configured to receive the predetermined spending limit.
8. The system of claim 6 , wherein the first processor is further configured to set the predetermined spending limit.
9. The system of claim 8 , wherein the predetermined spending limit is equal to the future account balance.
10. The system of claim 1 , wherein the specified period is one day.
11. A non-transitory computer storage medium, comprising:
a database configured to store information comprising:
account information associated with an account at a financial institution;
user information for a user associated with the account;
a mobile device unique identifier for a mobile device associated with the user; and
an account balance associated with the account;
a financial card associated with the account based on the account information;
a first processor, in electronic communication with the database, configured to execute instructions to perform operations associated with a first mode or a second mode, the first mode being a separate and distinct mode from the second mode, the first mode involving functions that the first processor is unable to perform while in the second mode, configured to:
receive the account balance from the database;
predict a future account balance based on the account balance;
determine whether the account is in the second mode based on the account balance and the future account balance; and
lock the financial card based on the determination;
an application configured for use on the mobile device, the application configured to:
display a notification indicating that:
the account is in the second mode; and
the financial card is locked; and
display a first user interface associated with the first mode;
provide a dashboard configuration to the first user interface, the dashboard configuration having a first set of controls associated with the account while in the first mode of operation; the dashboard configuration including a plurality of setup graphical user interfaces, including:
a first setup interface for receiving a first setting for a low cash mode threshold, wherein the first setup interface provides a first interactive sliding control that allows the user to select the low cash mode threshold;
a second setup interface for receiving a second setting for a financial card lock, wherein the second setup interface includes options for notification alerts, merchant designations, and selection of the financial card; and
a third setup interface displayed in response to the selection of the financial card, the third setup interface including:
a second interactive sliding control for receiving a third setting for a financial card lock threshold, and
a fourth setting for enabling an automatic activation of the financial card lock;
in response to the determination that the account is in the second mode, disabling the first user interface and enabling a second user interface associated with the second mode, the second user interface configured to:
display an option to approve spending for a specified period; and
receive a request to approve spending for the specified period;
the first processor further configured to:
unlock the financial card for the specified period based on the request;
permit the user to navigate only within the second user interface while the account is in the second mode; and
a second processor, in electronic communication with the database, configured to:
receive a transaction during the specified period; and
approve the transaction.
12. The non-transitory computer storage medium of claim 11 , wherein the request comprises configuring an allowed spending condition.
13. The non-transitory computer storage medium of claim 12 , wherein the allowed spending condition comprises an approved geolocation; and
the second processor is further configured to:
receive a second transaction during the specified period;
determine that the second transaction originated outside of the approved geolocation; and
decline the second transaction based on the determination.
14. The non-transitory computer storage medium of claim 13 , wherein the approved geolocation corresponds to a merchant.
15. The non-transitory computer storage medium of claim 14 , wherein the merchant is a grocery store.
16. The non-transitory computer storage medium of claim 12 , wherein the allowed spending condition comprises a predetermined spending limit; and
the second processor is further configured to:
receive a second transaction during the specified period and greater than the predetermined spending limit; and
decline the second transaction.
17. The non-transitory computer storage medium of claim 16 , wherein the user interface is further configured to receive the predetermined spending limit.
18. The non-transitory computer storage medium of claim 16 , wherein the first processor is further configured to set the predetermined spending limit.
19. The non-transitory computer storage medium of claim 18 , wherein the predetermined spending limit is equal to the future account balance.
20. The non-transitory computer storage medium of claim 11 , wherein the specified period is one day.