Intuit and the IBM/Banking Consortium Message Board

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Technology Stocks : Intuit and the IBM/Banking Consortium

INTU 669.88

-0.6%

Dec 30 3:59 PM EST

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To: Karl Kandell who wrote (21)	1/23/1997 1:00:00 AM
From: kfs	of 25

Intuit, Microsoft, Checkfree agree on standard Financial API biz.yahoo.com How does Integrion feel? Unlike Intuit and Microsoft, they won't commit to support by fall 1997 product release cycle (Microsoft and Intuit's product cycle), but are likely to tag along. From the above URL: Bill Fenimore, managing director of Integrion, said "This cooperative effort supports Integrion's operating principle of providing an open, standards-based product offering to financial institutions through multiple access devices. We are confident that Integrion's participation in joint endeavors such as this one will result in an increasingly valuable service for the end consumer." Remember: Integrion is the back end, the heavy iron at the bank site. Intuit, Microsoft, et. al. are the desktop. There is more room for integration than competition, especially now that the desktop side has a standard. So, Don, tell us how this is bad for Intuit.

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