1. A system for managing transaction accounts comprising: a user computing device including a service provider interface for communicating with a service provider via a communication network, wherein the user computing device transmits to the service provider a user selection of an account verification technique for establishing a transaction account associated with a financial service provider; and a service provider computing device, associated with the service provider, and including a user computing device interface for obtaining the user selection of an account verification technique from the user computing device and a financial service provider interface for communicating with one or more financial service providers, wherein the service provider computing devices initiates one or more financial transactions with a financial service provider associated with a user transaction account and initiates the processing of at least one additional piece of information associated with the user selection of an account verification technique and wherein the service provider computing device generates a service provider verification token representative of the one or more financial transactions with the financial service provider associated with the user transaction account and at least one additional piece of information associated with the user computing device; wherein the user computing device obtains user input corresponding to the one or more financial transactions with the financial service provider associated with the user transaction account and at least one additional piece of information associated with an account verification technique and generates a user verification token representative to the user input; wherein the user computing device transmits the user verification token representative of the user input without transmitting the user input; and wherein the service provider computing device validates a user transaction account if the user verification token matches the service provider verification token.