Abstract: In general, the invention relates to a method for transferring funds. The method includes receiving a request to initiate a secure fund transfer, where the request specifies a sender, a recipient, and an amount of funds to transfer from the sender to the recipient. The method further includes sending a request to verify that an account associated with the sender comprises at least the amount of funds to be transferred, receiving notification that the account comprises at least the amount of funds to be transferred, requesting a reservation of funds in the account corresponding to the amount of funds to be transferred, receiving notification of the reservation, notifying the recipient that the amount of funds to be transferred is reserved, initiating a transfer of funds, to the recipient, in the amount of the reserved funds, and receiving acknowledgment that the transfer of the funds is complete.

Abstract: A method for providing payroll services to an employer includes obtaining employee data for an employee of the employer, wherein the employee data is used by a payroll system, obtaining employer tax data of the employer, wherein the employer tax data is used by the payroll system, and managing a payroll and taxes of the employer using the payroll system, wherein managing the payroll of the employer comprises issuing a direct deposit paycheck by the payroll system based on the employee data and employer tax data, wherein managing the payroll of the employer and taxes of the employer is provided by the payroll system without cost to the employer.

Abstract: A method of distributing pay includes obtaining payroll information associated with a payee, generating an electronic paycheck voucher based on the payroll information, wherein the electronic paycheck voucher is associated with a net pay of the payee, issuing the electronic paycheck voucher to the payee, and processing the electronic paycheck voucher to distribute the net pay based on a distribution preference defined by the payee.

Abstract: A system that facilitates using information about a financial transaction to augment information in a representation of a social network. During operation, the system receives parameters for a financial transaction involving a number of entities. Next, the system determines one or more associations between the entities and the parameters. The system then uses the determined associations to augment information about entities in the representation of the social network.