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Microsoft Money is a discontinued personal finance management software program by Microsoft. It has capabilities for viewing bank account balances, ... MSN Money app ...
The service was launched exclusively to Windows 10 Mobile in conjunction with an update to Microsoft's Wallet app. The launch of the Microsoft Wallet service established Microsoft's own in-house mobile payment platform, enabling it to bypass its prior dependencies on third parties for contactless payments on Windows-based smartphones.
Personal finance software can be used to track spending, create budgets, and plan for future expenses. Some software differs by feature support, software code and development transparency, mobile app features, import methods, Monetization model, privacy and data storage practices.
Later in 1990 Microsoft released their own PFM platform called Microsoft Money. Microsoft worked with Intuit and CheckFree in 1997 to create Open Financial Exchange (OFX), which allowed financial institutions to exchange data with web users, paving the way for online PFM software. [5] Yodlee was founded in 1999.
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It is commonly supported by financial institutions to supply downloadable information to account holders, especially by banks that support integration of Money or Quicken with their online banking. Not everybody, however, was, or is, happy with this replacement. Some banks dislike it because Quicken (Intuit) charges licensing fees to use QFX.
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