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There's more online financial news coming tomorrow morning from the Finovate conference.
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See also: Quicken Beam: Your finances made cute. Devoted Quicken users like me, though, will need more capabilities (like bill paying and support for complex investment transactions) before we can make the transition, and the public at large has yet to be convinced that these online financial data storehouses can be trusted.Ī quick snapshot of your cashflow (2007 version of Quicken Online) High customer support costs and an angry customer base (check out the user review scores for Quicken and Money) make standalone financial apps like Quicken and Microsoft Money questionable product lines for their makers, and when the online services take hold I will expect their demise. Quicken calls this its Discontinuation Policy. If you didnt already know, welcome to the club.
#Use quicken without subscription upgrade
Intuit is also still preparing to release its iPhone app that accesses Quicken Online data, as I wrote in December. If youre a Quicken user, you probably know that unless you upgrade at least once every three years, youll be cut off from all online services - such as bill paying, and downloading banking or credit card transactions - by April 30 of the third year. It's unclear to me that Intuit's history will translate into market share in this competitive market. But while Intuit Online is a solid service, the online competitors keep getting better, too. In a market with free (and very good) competitors, there was just no reason to pay for Quicken Online. When I last covered Quicken Online in December 2007, my biggest complaint was its price. The company is still selling, as completely separate products, software versions of Quicken. Intuit has finally dropped the subscription fee on Quicken Online, its Web-based financial software that competes with Mint, Geezeo, Buxfer, and Wesabe.