Using Intuit’s Technology Doubles Bank Access, Completes Users’ Experience

Media:
Martha Shaughnessy
Atomic PR for Intuit Personal Finance Group
Martha@atomicpr.com
415-593-1400 x.235

Using Intuit’s Technology Doubles Bank Access, Completes Users’ Experience

Mountain View, Calif., April 19, 2010 – More than 3 million people use Mint.com to get a quick, comprehensive view of their banking and financial information. That view is available to millions more as Mint.com expands its reach to connect with virtually every bank, credit union and credit card account in the United States. Using the aggregation capabilities of Intuit Financial Services (formerly Digital Insight), Mint.com now provides transaction information from double the number of accounts, and automatically places it in categories to give people a complete picture of their finances.

“On average, Americans have 11 financial relationships, and if even one can’t be viewed within their Mint account, they lose some of the value of our product,” said Aaron Patzer, vice president and general manager of Intuit Inc.’s (Nasdaq: INTU) Personal Finance Group.” Using Intuit’s aggregation platform answers our customers’ top request: ‘Support my bank and make sure the information is more timely, and more accurate.’  We’ve done both in a big way.”

With this added reach, Mint.com now connects securely and downloads transactions from virtually every U.S .bank with Internet banking capability. This means that Mint.com can now:

• Connect with more than 16,000 US financial institutions.
• Support more than 17 million individual financial accounts.
• Add the 20 top-requested financial institutions.

More information; better decisions

More than 90 percent of Mint.com users say they’ve changed their spending behavior after using the innovative financial software. Seeing accurate, comprehensive transactional data provides the insight required to make those changes.

Working with the Intuit–built technology guarantees the greatest access to secure, anonymous transactional data available in the market. Its industry-leading accuracy complements Mint.com’s categorization engine, delivering a clear view of how and where people spend in minutes.

“Intuit Financial Services directly serve banks, so its aggregations works better than anything else out there. This fact, and its extensive coverage, puts us leaps and bounds ahead of any other personal financial management software,” said Patzer. “This is an incredible benefit that results from Mint.com becoming part of Intuit. If you’ve tried Mint.com in the past and you couldn’t connect to one of your checking, savings, or credit card accounts, come back and check us out.”

Customers help create products

Customer feedback and requests help determine upcoming products and features from Mint.com. The Mint team recently added the ability to track cash and checks, and in the coming weeks will launch an Android application to expand its mobile presence beyond its award-winning iPhone application.

Customers can talk to Mint.com through the Facebook fan page, through Twitter @mint, and directly within the product through a recent integration with GetSatisfaction.

About Mint.com

Mint.com is a leading online personal finance software service from Intuit Inc. (Nasdaq: INTU), providing over 2 million users a fresh, easy and intelligent way to manage their money. And it’s free. Launched in September 2007, Mint.com has quickly grown to track nearly $200 billion in transactions and $50 billion in assets and has identified more than $300 million in potential savings for its users. Mint.com’s innovation is in applying advanced technology to deliver breakthrough ease-of-use. Using patent-pending technology and proprietary algorithms, Mint.com allows users to see all their financial accounts in one place, makes it easy to set and keep to budgets, and helps identify money saving ideas. Mint.com is so effective that more than 90 percent of users say they have changed their financial habits as a result of using the service. For more information on Mint.com’s free online personal finance service, please visit http://www.mint.com and follow Mint.com on Twitter: www.twitter.com/mint.

About Intuit Inc.

InIntuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation offerings for professional accountants. The company’s financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year 2009. The company has approximately 7,800 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Founded in 1983, Intuit had annual revenue of $3.2 billion in its fiscal year 2009. The company has approximately 7,800 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.