The device may update the financialtransaction rules associated with a subsidiary account by communicating the rules to an appropriate financial server.
In one embodiment, a financialaccount management application stored on a processor-based device may provide an interface for defining financialtransaction rules to be applied to a subsidiary account.
The processor-based device may be additionally configured to transmit the financialtransaction rules defined by the primary account holder to a designated financial institution that manages the subsidiary account.
The financial institution may store a record of user preferences associated with the primary and subsidiary financial accounts, and may update these account holder preferences based on the received financialtransaction rules.
"They can use it in an ongoing way to pay bills, save money, get cash and have a real basic, robust, safe and convenient transactionaccount, " said Treasury Financial Access Innovations Director Joshua Wright.
Sony is currently reevaluating this forecast, taking into account this transaction and other factors that might affect its full year FY2011 consolidated financial results forecast.