The year has started out strongly for fintech M&A with four significant deals announced in just the first two months;...
Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
We start out the week with yet another blockbuster fintech acquisition. The Wall Street Journal reported late Saturday that Intuit,...
Data breaches drive jump in UK financial fraud JP Morgan Head of eCommerce Sees Little Threat from “Payments Disruptors” If...
In a positive announcement for consumer data sharing, JPMorgan has agreed to allow Intuit customers to access bank data without sharing their passwords; the agreement will provide added convenience for JPMorgan customers using Intuit's Mint.com, TurboTax Online and QuickBooks Online; the elimination of passwords is expected to improve security and real-time access of account data. Source
In his weekly Forbes column Ron Shevlin of Cornerstone Advisors wonders if Intuit is the best fit to buy Credit...
Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma,...
Back in 2009 Intuit bought Mint, the popular personal finance aggregation tool for $170 million; since then, the service hasn’t...
Wells Fargo is teaming up with Intuit which will allow customers to import account information via an API with Intuit products such as QuickBooks; we've recently seen banks opening up their data to empower customers to share their data with third parties; Brett Pitts, head of digital and virtual channels said in a prepared statement, "This agreement creates a much better experience for our shared customers, gives them greater control over their financial data, and enhances the efficiency of the data-sharing process." Source
Intuit has partnered with BlueVine to make credit more easily available for its QuickBooks users; the partnership will allow small businesses using QuickBooks to obtain credit lines of up to $100,000; BlueVine will add a line of credit product offering to the borrowing options on QuickBooks which currently also include loans from Lending Club, OnDeck and Funding Circle. Source
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