Bank of America Corporation
Security tool for information exchange

Abstract:

A system includes a database, a memory, and a processor. The database stores an account that includes a first, second, and third subaccount. The memory stores a profile specifying a level of anonymization and a level of account access. The processor receives a request for a transaction. The request is associated with the profile. In response, the processor determines a set of subaccounts for the transaction including the first subaccount and the second subaccount. Determining the set of subaccounts for the first transaction includes determining that the profile permits access to the first, second, and third subaccounts, and that the transaction costs associated with the transaction are minimized by using the first and second subaccounts to perform the transaction. The processor additionally generates a virtual account from the set of subaccounts, anonymizes, based on the level of anonymization, the virtual account, and performs the transaction using the anonymized virtual account.