Intuit has announced the availability of Quicken Online – calling it "a new Web-based service that makes it easy for people to instantly see how much money they have coming in, how much they are spending, and what’s left at the end of the month." In terms of mobile banking features, Quicken Online includes an interface optimized for the Apple iPhone along with alerts sent via SMS, etc.   » Continue Reading

Intuit and Electronic Clearing House have announced they have "signed a definitive agreement for Intuit to acquire ECHO. Under the terms of the agreement, Intuit will pay $17 per share in cash in exchange for each share of ECHO common stock, including shares issuable upon exercise of options. The total purchase price is approximately $131 million on a fully diluted basis."   » Continue Reading

Digital Insight has announced that "more than 60 leading financial institutions have selected Digital Insight’s consumer Internet Banking solution since the online banking company was acquired by Intuit in February 2007. In addition, more than 8 million people, or approximately 10 percent of all online banking users in the United States, actively use Digital Insight’s consumer solution through its nearly 1,800 financial institution clients."   » Continue Reading

Following its acquisition of Digital Insight by Intuit five weeks ago, they've announced Personal FinanceWorks and Small Business FinanceWorks - saying these two products are "expected to lead the next generation of online banking."   » Continue Reading

Damon Darlin interviews Intuit CEO Steve Bennett who says Intuit's "vision is our online software as a service suite that integrates all the data flow that makes it one place for small business to do online banking, bill payment and customer management."

Glenbrook's Carol Coye Benson had been initially skeptical about Intuit's recent announcement to acquire Digital Insight - as she says "after all, banks have had a long and somewhat rocky road with Intuit over the years and some seem to still have very mixed feelings about their basic value proposition." But Carol has recently become convinced that the new Intuit/Digital Insight business combination could provide some very real value to a bank's small business customers.   » Continue Reading

Intuit and Electronic Clearing House Inc. have announced signing of a definitive agreement for Intuit to acquire ECHO for a total purchase price is approximately $142 million on a fully-diluted basis.   » Continue Reading

Intuit and Digital Insight have announced signing a definitive agreement for Intuit to acquire Digital Insight. According to the two companies, "the acquisition will bring together Digital Insight, a leading provider of online banking services, and Intuit, the leading provider of financial management software, to millions of small businesses and consumers."   » Continue Reading

Intuit has announced a new suite of software applications that the company says "will help financial institutions win new online customers by simplifying the online account opening process."   » Continue Reading

Intuit held an Analyst Day yesterday. Of particular interest is the Small Business presentation given by Senior Vice President Brad Smith which includes some great insights into the small business market in the US along with Intuit's success with its Innovative Merchant Solutions merchant card acquiring business.

Intuit and Google have announced a strategic alliance "designed to help millions of small businesses promote themselves online using a variety of popular Google services built into most QuickBooks 2007 products." Separately, Intuit announced that it has acquired StepUp Commerce, a San Francisco-based provider of services that "enable local businesses to convert online shoppers into in-store customers", and that StepUp's technology platform will power the new QuickBooks Product Listing Service that is part of its Google alliance.   » Continue Reading

Homestead Technologies and Intuit have announced the integration of Intuit's QuickBooks Merchant Service for Web Stores with Homestead's Storefront ecommerce solution for small business, enablng small business owners to accept credit card payments online with a QuickBooks Merchant Service account and to synchronize this data along with key business data from the Web store directly with QuickBooks.   » Continue Reading

Intuit has announced a new simplified credit card processing solution designed for small businesses that don't need a full accounting package or a high end merchant account service. The QuickBooks Credit Card Processing Kit, priced at $39.95, delivers credit card processing for small businesses handling less than $5,000 in credit card transactions each month.   » Continue Reading

Intuit held its annual Investor Day yesterday. Jill Ward's Quickbooks-Related presentation (PDF) includes a discussion of Intuit's card merchant acquiring activities. Scott Cook's presentation on Intuit's Customer Driven Innovation process also makes interesting reading.

Intuit announced today that it is acquiring Innovative Merchant Solutions, a Calabasas, Calif.-based provider of credit and debit card processing services for small businesses. Intuit said it is paying $116 MM to acquire the company which had net revenues in 2002 of $25 MM.   » Continue Reading