Mobile Monday: Intuit Launches 17th iPhone App, MoneyDue

Note: Since I didn’t get my Feature Friday post finished last week, it’s now been transformed into Mobile Monday.

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imageWhile most banks still have a single mobile app, the big players will eventually have a portfolio of apps for their various product lines, business units, and disparate customer segments (note 1).

While technically not a financial institution, Intuit shows why multiple apps are needed. With the launch of MoneyDue (see below), the company now has at least 17 apps available for the iPhone.

Tax-related (7)
Earned Income Tax Credit calculator
Intuit Tax Online Accountant
MyTaxRefund by TurboTax
TaxCaster by TurboTax
TurboTax 2011 Tax Preparation
TurboTax Card Mobile
TurboTax SnapTax

Payments (2)
Intuit GoPayment Credit Card Terminal
MoneyDue (ebilling for small service providers; see below)

Small biz (5)
Online Payroll
QuickBooks Mobile
Small Business Blog
Snap Payroll California Free Mobile Paycheck Calculator
Weave (project management)

Consumer (3)
Quicken Essentials for Mac
Intuit Health Debit Card
• Mint.com

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MoneyDue: Ebilling app for hourly-based professional services
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Intuit's MoneyDue iphone appFor almost 30 years, Intuit has been a key financial services innovator. So I’m always interested in the new services coming out of its R&D area.

Here’s one that seems like a winner, a mobile small biz ebilling app specifically targeted to those that bill their time by the hour (or appointment).

The app integrates with the iPhone calendar and contacts to seamlessly turn appointments into ebills in a 3-step process (see screenshots below):

  1. Select an existing appointment from iPhone calendar
  2. Select the corresponding person to bill from the iPhone contact list
  3. Enter the billing amount and send

It would be especially useful for one-person shops such as lawn care, home improvement, cleaning services, tutors, etc. The main downside is that the appointment and contacts must already be loaded into those iPhone functions. You cannot create a new bill directly from the MoneyDue app if it hasn’t already been scheduled on your calendar (note 2). 

The app hit the app store on May 30 and has been a top-150 finance app since for the past few days.

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Intuit’s MoneyDue iPhone app (2 June 2012)

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Notes:
1. See our mobile apps forecast here (April 2010, subscription)
2. The iPhone automatically syncs with your desktop calendar (eg. Google’s Gmail calendar) so you needn’t set up the appointment on your mobile phone.

Finovate Alumni News– April 27, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgIntuit buys Demandforce for $424 million.
  • SafetyPay awarded its first patent.
  • Baxter CU to integrate member data into the MoneyDesktop PFM for a real-time look into finances. Come check out MoneyDesktop at FinovateSpring 2012 in San Francisco.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– April 26, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinovate Alums take the stage at the Future of Money Conference 2012.
  • Netbanker: Pageonce Removes Billpay Subscription Fee in Favor of Per-Transaction Pricing.
  • Hypebot.com followed Personal Capital, Intuit, Boku, Tradeshift, and CashStar at the Future of Money Conference.
  • Backbase & GFT sign European partnership agreement.
  • State of Washington picks Doxo for paperless files.
  • BehavioSec chosen as one of the “Cool Vendors” in Identity Access Management, 2012 report by Gartner.
  • Alpena Alcona Area CU selects MoneyDesktop’s PFM to offer members a better online banking experience.
  • Northwoods CU signs onto Cachet Financial Services’ mobile remote deposit capture.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– April 20, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDynamics launches ePlate card technology, allows users to choose payment rewards. Come see it demo live at FinovateSpring.
  • HelloWallet hires Michael Yoch, former NPR product lead & Trooper Sanders, former Michelle Obama advisor.
  • Klarna wins Billion Dollar Company award at GP Bullhound Digital Champions Nordic 2012.
  • Integration Developer News covers Ping Identity’s PingOne.
  • AOL Daily Finance discusses why they like Bazaarvoice.
  •  First quarter 2012 funding for Finovate alumni: $150 million raised.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– April 12, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDwolla redesigns dashboard page, reveals celebrity investor.
  • Intuit opens driving range in downtown Seattle for 1 day to promote its GoPayment technology.
  • mFoundry launches mobile banking solution for Conestoga Bank.
  • Utilities Employees CU signs a contract with Jwaala to enhance its online services and offer mobile banking.
  • eDeposit appoints Robert R. Craig as CEO. Come see its live demo at FinovateSpring May 8 and 9 in San Francisco.
  • Former Morgan Stanley CEO, John Mack, joins Lending Club’s board of directors.
  • NY Times Bucks blog covers SimpleTuition’s SmarterBank.
  • Social Money announces partnership with ICICI Bank in India.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– April 11, 2012

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  • Bazaarvoice appoints Kelly Connery as GM of brands in North America & Matthew Schatz as GM of retail & emerging markets.
  • SoMoLend wins first place prize in the University of Dayton’s 2011-12 Business Plan Competition. See it demo live at FinovateSpring.
  • Bank Technology News reports Intuit Buys M-Payments Co. AisleBuyer.
  • Over 100 institutional partners offer Currensee Trade Leaders Investment program to investors.
  • Expensify Lite iPhone app is now Expensify.
  • Mashable features Personal Capital. Come see its live demo at FinovateSpring.
  • Equifax launches ID protection & credit monitoring product for the family.
  • Ping Identity partners with Macnica Networks.
  • Kiplinger covers Betterment.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Best of Show Winners: 2007 to Present

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We recently looked back at Finovate’s Best of Show Awards archives and wanted to share the list of the 41 award-winning companies.

Here’s the Best of Show history that stretches back to 2007, the inception of Finovate:

Finovate2007.jpg

Held October 2, 2007
Mint: Online PFM for individuals
Mortgagebot’s Mortgage Marvel: Mortgage marketplace
Prosper: P2P lending network
FinovateStartup.jpg

Held April 29, 2008
First ROI (now BancVue): Develops products and services for community financial institutions
Jwaala: Provides software solutions to help financial institutions compete
Zecco: Online stock and options trading
Zopa: P2P lending network
Finovate2008.jpg
Held October 14, 2008
CheckFree: Online banking platform 
Credit Karma: Provides a free and easy way for consumers to understand, monitor and monetize their credit profile
Mint: Online PFM for individuals
Neosaej’s MoneyAisle: Platform where banks compete in live auctions for an individual consumer’s business 
FinovateStartup091.jpg

Held April 28, 2009
BillShrink (now Truaxis): Provides a free cost-savings tool that saves consumers money on everyday bills
Prosper: P2P lending platform
Silver Tail Systems: Predictive analytics to prevent fraud abuse
SimpliFi: A web service that allows anyone to create and update their own financial plan
Finovate2009.jpg
Held September 29, 2009
BancVue’s Kasasa: national checking/ savings account brand for community financial institutions
Credit.com: Provides free interactive tools, education, and unbiased comparisons of quality financial products and services
Digital Insight from Intuit: Provides on-demand banking services to help financial institutions serve clients
Silver Tail Systems: Provides online fraud detection platform 
Yodlee: Provides personalized financial solutions to financial institutions
FinovateSpring2010.jpg


Held May 11, 2010
Bobber Interactive: Money management platform for youth
Expensify: Online and mobile expense report platform
oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account openings
Wikinvest: A platform for investors to share trading tips
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Held October 4-5, 2010
Betterment: Investment account for savings management 
BillShrink (now Truaxis): Loyalty rewards provider
Bundle: Provides socially informed money management for individuals
Dynamics: Produces and manufactures intelligent powered cards
oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account openings
PayNearMe: Cash transaction network for the underbanked
SecureKey: Token-based authentication technology
FinovateEurope2011.jpg
Held February 1, 2011
eToro: Social investment network
Finantix: Provides sales and advice solutions for financial services 
Liqpay: Payments platform
Meniga: Online PFM for financial institutions
FinovateSpring2011.jpg
Held May 10-11, 2011
BancVue: Develops products and services for community financial institutions
BankOns: Mobile app offering consumers real-time savings at local merchants
Dwolla: Online, mobile, and social peer-to-peer payment platform
oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account openings
Mitek Systems: Provides apps for smartphones that allow users to deposit checks and pay bills via their devices’ cameras
PayNearMe: Cash transaction network for the underbanked
Wikinvest: A platform for investors to share trading tips
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Held September 20-21, 2011
BillGuard: People-powered antivirus for bills
Dynamics:  produces and manufactures intelligent powered cards
eToro: Social investment network
FamZoo: Online “virtual family Bank”
FeeFighters: Platform that simplifies the process of choosing a merchant account provider
LearnVest: Online PFM for women
Offermatic: Targeted online offers provider
oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account openings
Personal Capital: Online financial advisor helping people manage their investments
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Held February 2, 2011
Cardlytics: Transaction-based rewards
Dynamics: produces and manufactures intelligent powered cards
eToro: Social investment network
Nutmeg: Online investment manager that democratizes saving and investing

Finovate Alumni News– February 17, 2012

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  • Prosper celebrates its 6th birthday by offering to pay your second loan payment today (Friday, Feb. 17) only.
  • HelloWallet appoints Aaron Benway as new CFO.
  • American Banker reports PayPal is partnering with banks to attract new customers.
  • American Banker reports Intuit adds iPad banking app.
  • CNN Money looks at how SecondMarket will survive now that Facebook has gone public.
  • StockTwits launches feature to help users discuss stocks.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– January 18, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgReady Receipts officially launches paperless receipt technology.
  • nFinanSe seeks to halt new debit card network by InComm, alleges price-fixing conspiracy.
  • VentureBeat discusses the IPO market with SecondMarket CEO Barry Silbert.
  • On Deck partners with the National Association for Small Business.
  • SignatureLink to integrate ThreatMetrix’s Cybercrime Defender Platform with its technology
  • Intuit hires former Apple executive to lead Canada division.
  • Fox Business News interviews LearnVest founder and CEO, Alexa von Tobel.
  • The Next Web compares and contrasts PayPal and Dwolla with other payment methods.
  • Plastyc’s UPside cardholders can now load cash onto cards at 7-Eleven stores.
  • Oregon-based Credit Union launches BancVue’s Kasasa.
  • BrightScope partners with social media expert Arkovi.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Intuit Works With Visa to Launch Prepaid Card

Thumbnail image for Thumbnail image for IntuitLogo.jpgVisaLogo.jpg

Visa shared on its blog yesterday that California-based Intuit recently launched a prepaid Visa card called GoPayment:

“Those who use Intuit’s GoPayment mobile acceptance app and reader can now link their GoPayment account to a Visa prepaid card, conveniently separating the funds collected through GoPayment from other finances.”

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Users can make purchases with the card online and in-store, and they can use it to withdraw cash at an ATM.

To learn more about the two companies, watch Visa’s FinovateSpring 2010 demo and Intuit’s Finovate 2009 demo.

Finovate Alumni News– January 6, 2012

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  • Kony Solutions partners with Independence Blue Cross to power its mobile app.
  • Fiserv announces patent infringement lawsuit.
  • The Receivables Exchange provides over $1 billion in funding to businesses.
  • Intuit works with Visa to launch prepaid card.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– November 9, 2011

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  • Read Write Web argues the mobile payments capital of the US is Des Moines, IA thanks to Dwolla.
  • Fox Business News reports GoalMine seeks to level the investing field.
  • PayPal updates its Android app with support for NFC payments.
  • eWise hires Alexandre Gonthier, former Boku CTO, as new CEO.
  • Lendio makes its business loan matching service free.
  • Finextra reports Intuit partners with AT&T to take on Square in the emerging mobile card processing market.
  • Xero updates its app: increases speed and improves UI.
  • Business Insider lists Dwolla and Simple as 2 of 20 most innovative startups in tech.
  • Billeo launches ShopSmart to bring consumers relevant discounts.
  • Zecco hosts $500 sweepstakes.
  • miiCard gives first 10,000 users free accounts for life.
  • Netbanker: Top 10 Reasons Why BankSimple Dropped the Bank.
  • Expensify creates four pricing plans.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.