CPC G06Q 40/02 (2013.01) [G06F 21/45 (2013.01); G06Q 50/186 (2013.01); G06F 2221/2141 (2013.01)] | 20 Claims |
1. A method for determining an access to a financial account held by a customer of a financial institution, the method comprising:
establishing, by a processor of a financial institution computing system, a communication session with a sensor device of a user device associated with the customer, wherein the financial institution computing system continuously receives sensor data over the communication session from the sensor device;
receiving, by the processor from a point-of-sale (POS) terminal, a payment request;
retrieving, by the processor from the user device via an application programming interface (API), device data comprising at least application data of an application installed on the user device;
receiving, by the processor from the sensor device, the sensor data comprising at least one of geolocation data or biometric data of the sensor device;
determining, by the processor, the customer experienced an adverse event based on the sensor data and the device data;
determining automatically, by the processor, an access level based on information stored in an account database and the adverse event; and
in response to determining the access level, authorizing, by the processor, the payment request utilizing the financial account held by the customer to a designee, wherein the payment request is authorized based on conforming to the access level.
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